The Panamax Post
65.4K views | +11 today
Follow

The Panamax Post

Orsted Raises $9.4 Billion in Heavily-Discounted Rights Issue

From maritime-executive.com

Danish offshore wind giant Orsted has raised $9.4 billion by selling new shares to existing stockholders at a steeply discounted price. With 99 percent of the new shares sold immediately and the remaining one percent swiftly sold to the public, the firm is now on firmer financial ground as it faces market headwinds and political risk in its core markets. 
Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Shipping not so united on IMO Net Zero Framework

From www.seatrade-maritime.com

A number of industry associations including ICS and World Shipping Council have affirmed their support for the measures, but others are notable by their absence.

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

U.S. Launches Sanctions from State and Treasury on Iranian Petrochemicals

From maritime-executive.com

The Trump administration launched one of its most wide-reaching efforts to date, targeting buyers, sellers, traders, facilitators, and vessels and terminals involved in Iran’s petrochemical industry, as well as expanding the sanctions on the oil and petroleum sectors.

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Panama Canal transits in FY2025 bounce back from drought

From www.seatrade-maritime.com

The key waterway connecting the Pacific and Atlantic Oceans reported strong increases in revenues and transit numbers.

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Sanctions list swells, momentum fades

From splash247.com

Over the past five years, the number of sanctioned vessels has expanded steadily, rising from around 350 in September 2020 to roughly 1,700 by September 2025, according to analysis from maritime analytics firm Kpler. 

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Sanctioned Iranian Bulker Spotted Offloading Cargo in Brazil

From maritime-executive.com

A blacklisted Iranian bulker has arrived at a port in Brazilian state of Santa Catarina and reportedly offloaded a cargo of fertilizer, a double violation of U.S. sanctions on Tehran's industrial enterprises.

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

U.S. and Finland Reach $6 Billion Deal to Build Up to 11 Icebreakers

From maritime-executive.com

The United States and Finland signed a deal on October 9 that sets out the framework for the construction of a total of up to 11 icebreakers using Finnish designs and expertise.

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Maersk terminates contract for near-complete WTIV with Seatrium

From splash247.com

Singapore shipyard group Seatrium has received a notice of termination of a contract for the construction of a wind turbine installation vessel for Maersk Offshore Wind, set to be deployed on Equinor’s Empire Wind project in the US. 

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Ørsted to cut a quarter of its workforce by end of 2027

From splash247.com

Danish renewable energy company Ørsted has announced that it would be reducing its workforce by approximately 2,000 people towards the end of 2027.   

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

J. Lauritzen invests in Corvus Energy

From splash247.com

Danish shipowner major J. Lauritzen is among a consortium investing in marine battery specialist Corvus Energy.  

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Lithuania’s offshore wind tender fails due to lack of bidders

From splash247.com

Lithuanian authorities have stated that the second tender for the development of an offshore wind farm has failed.

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Another Arms Shipment for the Houthis Intercepted by Opposition Faction

From maritime-executive.com

Factions opposing the Houthis have made yet another significant interception of Iranian-sourced arms destined for the Houthi militants. 

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Finnish Prosecutors Appeal Court Ruling on Eagle S Cable-Damage Case

From maritime-executive.com

Prosecutors in Finland are appealing a lower court ruling that found that the nation does not have any legal jurisdiction over subsea infrastructure sabotage within its exclusive economic zone. 

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Performance Shipping moves into suezmax segment with double purchase

From splash247.com

Greek tanker owner Performance Shipping has moved to expand and modernise its fleet with the purchase of two 2019-built suezmaxes as it looks to strengthen its position in the midsize crude segment. 

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

US 2025 wheat a good milling crop overall

From www.world-grain.com

Final flour, dough testing for spring wheat still active
Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

ADM adds electric vehicles to UK flour delivery 

From www.world-grain.com

Also installed a high-speed electric vehicle charger
Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

The Andersons Port Houston project gets boost 

From www.world-grain.com

Soybean farmers contribute $275,000 toward export expansion
Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

CN sets grain record in September 

From www.world-grain.com

Railroad moves 2.91 million tonnes from Western Canada
Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Westway earns AFIA Facility of the Year honor 

From www.world-grain.com

Houston, Texas, feed mill lauded for ‘safe and rewarding work environment’
Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Bühler leverages US production, service in face of tariffs

From www.world-grain.com

Able to maintain supply, flexible options for US customers
Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Sustainability's in-hand, says wooden boatbuilders on SIBS stage

From marineindustrynews.co.uk

Fresh from the success of the first Wooden Boat Stage at SIBS – originated by Women in Boat Building – Belinda Joslin sits down with MIN to relay the importance of wood.

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Imabari Delivers Handymax Bulker NORSE CONTINUATION

From breakbulk.news

A New Addition to Japan’s Modern Bulker Fleet At its Shin Kasado Dockyard, Imabari Shipbuilding handed over the NORSE CONTINUATION on October 3, 2025 — a 64,000 DWT Handymax-class bulk carrier built under the latest Common Structural Rules for Bulk Carriers and Oil Tankers.

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

ONE and DP World Launch India’s First Reefer Rail Freight Service Linking Hyderabad to Nhava Sheva

From breakbulk.news

India’s cold chain logistics just got a boost with the launch of the first-ever dedicated reefer rail freight service connecting Thimmapur ICD in Hyderabad to Nhava Sheva Port (JNPA), jointly operated by Ocean Network Express (ONE) and DP World.

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

Polsteam upgrades comms and cybersecurity on 50 vessels with Marlink

From www.peopletechmaritime.com

Marlink, a leader in managed services for business-critical ICT solutions, has upgraded connectivity and cyber security solutions onboard 50 vessels controlled by leading bulk carrier operator Polsteam.

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

StormGeo integrates Imarex decision support system

From www.peopletechmaritime.com

StormGeo, a global leader in weather intelligence and decision support solutions, announced today that it has strengthened its s-Insight Bunker Management platform through the integration of Imarex Technology’s Traffic Light System, offering shipping companies a fully integrated solution for optimizing bunker procurement decisions.StormGeo’s Bunker Management solution already supports the full bunker lifecycle – from planning and optimization to RFQ handling, documentation, and claims. 

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

ABS launches maritime technology centre in Saudi Arabia focussing on robotics and AI

From www.peopletechmaritime.com

ABS has launched the Saudi Arabia Technology Center dedicated to industry-leading work on smart systems, robotics, AI and advanced digital technologies.Launched during the Saudi Maritime Logistics Congress, the pioneering research center supports the Kingdom’s maritime strategy for global leadership in shipping.

Scoop.it!
Reaction (0)
No comment yet.
Sign up to comment

This topic is curated by Mike O' Gorman

Global Head Of Business Development

Follow me on:

Mike O' Gorman