en.Wedoany.com Reported - In April, a surge in transits by crude oil, product, and chemical tankers propelled activity in the Panama Canal to a multi-year high. According to the latest statistics from the Panama Canal Authority, an average of 38.7 vessels transited per day in April, with 28.4 using the older Panamax locks and 10.3 using the larger Neopanamax locks. This marks the highest monthly average level in at least the past three and a half fiscal years.
Iran's Permanent Representative to the International Maritime Organization, Seyed Ali Mousavi, wrote to IMO Secretary-General Arsenio Dominguez, stating that Iran "condemns in the strongest terms the recent acts of aggression and piratical seizures of Iranian merchant vessels by the United States." Mousavi argued that the actions taken by the U.S. to enforce a blockade are "undermining" maritime safety and security. He specifically referenced the 300,000 dwt VLCC Tifani and the 281,501 dwt VLCC MAJESTIC X, both of which were boarded by U.S. forces last month.
In the dry bulk market, increasingly stringent regulations are expected to create a two-tier market, distinguishing modern, efficient tonnage from older, less efficient vessels. The possibility of the IMO adopting a global carbon price is diminishing, with an alternative scenario being regional, fragmented emissions regulations, where other countries or regions implement their own versions of the EU Emissions Trading System and FuelEU policy. Cefor, the leading Nordic marine insurance association, released a report indicating that while the incidence of engine room fires is no longer rising rapidly, it has stabilized at a level higher than the pre-pandemic norm. Such fires typically affect older vessels and specific ship types, and the report emphasized the importance of maintenance and preventive measures.
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