The Panamax Post

Executive Summary Freight markets across the Black Sea and Eastern Mediterranean continue to tread water as we close April, but beneath the surface, a multi-dimensional shift is underway. While benchmark indices remain flat to soft—particularly for handysize and supramax vessels—market participants.

A high-stakes charter flight recently delivered 73 elite Irish Thoroughbreds from Europe to China, marking a noteworthy logistical feat for global carrier COSCO SHIPPING Europe. 

Road freight transports leaving and entering Austria face delays after the closure of more border crossings due to an outbreak of foot-and-mouth disease which Hungarian officials have claimed might be a biological attack.

President Trump’s volte-face on trade tariffs has opened a window of opportunity for US importers to bring in freight over the following three months, with a significantly lower tariff of ‘just’ 10%.

Mads Frank Markussen, head of freight research and FFA at grain brokerage Copenhagen Merchants, returns to the increasingly discussed issue of artificial intelligence and the future of chartering. 

The dry bulk shipping market has continued its miserable start to 2025 falling to its lowest levels in nearly two years.

Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World’s deputy chief executive said, adding that could see freight prices “come crashing down”.

US Federal Maritime Commissioner Carl Bentzel has said that Spain is refusing to handle US cargo because it fears that weapons are being sent to Israel.

Freight crime in Italian supply chains surged dramatically. Freight crime has surged dramatically in Italy with incidents of theft

Finnlines, the Finnish freight and passenger shipping company, is set to bolster its service offerings with the introduction of a new freight route connecting Finland to London Medway in Sheerness, UK.

A cadet was killed and two crewmembers were injured in an explosion aboard a freighter in Manila on Tuesday, according to local first responders. 

Gus Majed, the CEO of the Paratus Group, addresses the risk management gap in the global bunker fuel and freight markets. 

Ocean carriers are walking a tightrope between risk and reward in new long-term contract negotiations, as uncertainty in the Red Sea continues to cast a shadow over the market

Major logistics providers say the gap in asking prices between shippers and container lines has slowed down contract negotiations on the Transpacific

The Port Authority of Valencia (PAV) has reported that export freights steadied in March and increased by 2.13 per cent

European road freight spot rates have dipped below contract rates for the first time in seven years

DP World is increasing its financial incentive by almost 50 per cent to $127 for customers taking advantage of its ‘Modal Shift Programme’.

Indian exporters stare at freight cost hikes as ships avoid Suez Canal

A "small number" of people are being cared for onboard after sustaining "minor injuries", P&O says.

A Norfolk Southern freight train derailment in Pennsylvania has forced the evacuation of the town of Whitemarsh Township

The Baltic Exchange's main sea freight index on Tuesday fell to its lowest level in nearly four weeks, pressured by a dip in the…

Asian clean tankers freight will likely come under downward pressure in the next few weeks due to weak demand to load naphtha from the Persian Gulf and India as buyers in the Far East step up purchases from Malaysia and Singapore instead, several market participants said June 26.

China’s coastal bulk freight index down in May China’s coastal bulk freight index down in May in International Shipping News 26/06/2023 China’s coastal bulk freight index declined in May, data from the Shanghai Shipping Exchange (SSE) showed.

Thai-listed Regional Container Lines (RCL) has seen average freight rates nearly halved over the last year.