The Panamax Post
48.2K views | +29 today
Follow

Oil prices ease as Trump announces Iran – Israel ceasefire

From www.seatrade-maritime.com

US President Donald Trump announced the ceasefire on Monday evening via social media, coming into effect six hours later. The ceasefire was reportedly brokered by Qatar.

No comment yet.

Suez Canal Responds as Chinese Heavy Lift Vessel Grounds

From maritime-executive.com

The Suez Canal Authority is highlighting its quick response to a grounding incident on Friday, June 20, as a Chinese heavy lift vessel malfunctioned during the transit.

No comment yet.

Oil Sinks After Iran Targets U.S. Base—Not Tankers

From gcaptain.com

Oil prices settled down more than 7% on Monday, losing more than $5 a barrel after Iran took no action to disrupt oil and gas tanker traffic through the Strait of Hormuz, but instead attacked a U.S. military base in Qatar in retaliation for U.S. attacks on its nuclear facilities.

No comment yet.

Container lines continue to transit the Strait of Hormuz

From www.seatrade-maritime.com

Ahead of an apparent ceasefire between Israel and Iran announced by US President Donald Trump on Monday evening major container lines said they continued to transit the Strait of Hormuz.

No comment yet.

Baltic dry bulk index dips to over 2-week low as capesize rates retreat

From www.hellenicshippingnews.com

Baltic dry bulk index dips to over 2-week low as capesize rates retreat.

No comment yet.

BP and others pulling staff from Iraq oilfields, output steady

From energy.economictimes.indiatimes.com

BP Oilfield Evacuation: Output from Iraq's southern oilfields for the time being remains unchanged with exports averaging 3.32 million barrels per day, two oil officials told Reuters.

No comment yet.

After Two Weeks, Fire Continues Amidst Stability Concerns for Wan Hai 503

From maritime-executive.com

The Indian Directorate General of Shipping reports that two weeks after the fire first began on the containership Wan Hai 503, pockets of fire remain, and there has been a reignition in one area.

No comment yet.

MV Celebrity Edge Breaks Loose from Its Moorings in the Port of Juneau, Alaska 

From www.youtube.com

In this episode, Sal Mercogliano — a maritime historian at Campbell University (@campbelledu) and former merchant mariner — discusses how the cruise ship Celebrity Edge broke away from its berth in Juneau, Alaska on June 16, 2025.

No comment yet.

Hamburg port boss to step down

From splash247.com

After nine years at the helm of the company, CEO Angela Titzrath will leave Hamburger Hafen und Logistik (HHLA) by the end of this year at the latest. 

No comment yet.

Aristides Pittas sells majority stake in EuroHoldings to Latsis-linked Marla Investments

From splash247.com

EuroHoldings, the NASDAQ-listed container shipping company spun off from Euroseas earlier this year, has announced a change in ownership following the sale of 51.04% of its outstanding common shares to Marla Investments, an entity affiliated with Greece’s Latsis family. 

No comment yet.

The Captain's Table launches 2025 startup competition

From splash247.com

The Captain’s Table, the premier maritime technology innovation platform, today announced the opening of its sixth annual maritime innovation pitch challenge, with the finals set to be televised live from Hong Kong on Splash on November 20. 

No comment yet.

Norway identifies four more offshore wind development sites

From splash247.com

Norwegian authorities have identified four additional areas suitable for offshore wind development. 

No comment yet.

Famous VLCC sold for ninth time

From splash247.com

The 300,000 dwt Alter Ego—a vessel with a storied past—has changed hands for the ninth time in its 19-year lifespan. 

No comment yet.

Saudi prince launches bunker company

From splash247.com

Abdulaziz bin Turki Al Saud, a Saudi prince, has launched Eleven Energy, a new global bunkering company.

No comment yet.

US airstrikes on Iran spark memories of previous tanker wars

From splash247.com

Shipping stock prices surged in Asia today on the back of the fast-escalating geopolitical crisis in the Middle East, with Iranian politicians threatening to shut down the Strait of Hormuz after US airstrikes on key nuclear sites. 

No comment yet.

Scammers Try Out "Safe Passage" Extortion Scheme for Strait of Hormuz

From maritime-executive.com

Calamities are a golden opportunity for unscrupulous scammers, who often try to trick unwitting survivors out of their money by pretending to be a government agency. 

No comment yet.

Greece Deploys Navy to Monitor Migrant Vessels off Libya

From maritime-executive.com

Greece is dispatching naval vessels to waters off Libya to keep watch for migrant vessels headed for Crete and Gavdos. 

No comment yet.

Container shipping set to fill its sails

From www.seatrade-maritime.com

Wind energy of all sorts is gaining traction within the maritime industry, a trend that will increase as fossil and alternative fuel costs soar.

No comment yet.

InterManager Takes Stand Against Seafarer Criminalization Ahead of Day of the Seafarer

From gcaptain.com

The maritime industry’s leading ship management body has issued a strong call against the criminalization of seafarers ahead of the global Day of the Seafarer celebration on June 25th.

No comment yet.

Conflicts, tariffs impact grain storage and handling projects 

From www.world-grain.com

Equipment suppliers hope trade war will eventually level playing field
No comment yet.

Economist Bill Lapp talks 2025 grain price drivers

From www.world-grain.com

Summarizes his Sosland Purchasing Seminar presentation
No comment yet.

Closure of Strait of Hormuz Threatens 35% of India's Crude and 42% of LNG Imports

From energy.economictimes.indiatimes.com

The potential closure of the Strait of Hormuz could disrupt over a third of India's crude oil and significant LNG imports, raising supply chain risks amidst rising geopolitical tensions.

No comment yet.

New patent for Aquatherm Disruptor now pending | Captain Kieran Kelly

From www.linkedin.com

Last week, we got exciting news—the new technology is now patent pending! We're calling it the Aquatherm Disruptor. With just one device, we can bring up to 270,000 tonnes of cold 4° water to the ocean surface per minute, dramatically cooling it down.

No comment yet.

Sail-Assisted Ro-Ro Demonstrates Fuel Savings in Two Years of Service

From maritime-executive.com

Two years after its launch, Canopée, the first cargo vessel equipped with four automated OceanWings rigid sails, has demonstrated the potential of wind-assisted propulsion according to the joint venture between Jifmar and Zéphyr & Borée, which operates the vessel for the Ariane rocket program.

No comment yet.