ShipOracle News
Workplace tech solution provider Bigyellowfish will be on hand later this week at the inaugural Geneva Dry. Dr Linda Sorensen, BYF’s chief commercial officer, is keen to work towards getting shipping out of its silo mentality, a message she and her team will be taking to Switzerland. “We often forget the impact crew have on …
https://splash247.com/geneva-dry-dialogues-bigyellowfish/
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ShipOracle News
In March, the Drewry Dry Bulk Equity Index declined 3.9% and underperformed the S&P 500, which rose 2.3% during the same time. However, the trend reversed in April and the index jumped 10.4% (as of 18 April) and outperformed the S&P 500 which declined 4.4%. This uptick was primarily driven by the completion of the ...
https://www.hellenicshippingnews.com/drewry-dry-bulk-equity-index-down-3-9-last-month/
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ShipOracle News
Capesize The Capesize market endured a challenging week, marked by persistent negativity across both the Pacific and Atlantic regions. The week commenced sluggishly, with the BCI 5TC dropping by $1,133 on Monday, setting a negative tone. Conditions generally deteriorated in both regions, with decreased rates and limited activity, reflecting softer market sentiment. However, the level ...
https://www.hellenicshippingnews.com/dry-bulk-market-negativity-engulfs-larger-bulkers/
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ShipOracle News
d’Amico International Shipping S.A. subsidiary d’Amico Tankers D.A.C. signed a shipbuilding contract with Jiangsu New Yangzi ShipbuildingCo., China, for the purchase of two (2) new Long Range (LR1 – 75,000 DWT) product tanker vessels at a contract price of $ 55.4 million each.
https://www.marinelink.com/news/damico-orders-two-product-tankers-m-513268
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ShipOracle News
Paris 2024 Olympics organizers on Friday, April 26, received the Games' flame in a handover ceremony in Athens ahead of a 68-day torch relay that will end with the opening ceremony on July 26.The flame arrived at the central Athens' Panathenaic stadium…
https://www.marinelink.com/news/olympic-flame-ride-masted-belem-french-513269
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As Russia's war in the Ukraine drags on now into its third year, NATO today launched one of its biggest naval deployments since February 2022, with French aircraft carrier the Charles de Gaulle under the command of the alliance for the first…
https://www.marinelink.com/news/french-carrier-joins-nato-drills-russian-513271
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Three missiles were sighted approximately 15 nautical miles southwest of Yemen's Mokha, British security firm Ambrey said on Friday, and the United Kingdom Maritime Trade Operations (UKMTO) said that one vessel was damaged."The Master has reported two attacks.
https://www.marinelink.com/news/tanker-enroute-russia-india-hit-missile-513272
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The Austal USA Board of Directors has elected Michelle Kruger as Austal USA President. She has been serving as interim president since August 2023.Kruger joined Austal USA in 2022 as the vice president of global services and support. In that…
https://www.marinelink.com/news/kruger-named-president-austal-usa-513273
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ShipOracle News
The Baltic Exchange’s main sea freight index declined on Friday, marking a weekly drop on the back of weaker demand in the larger vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell by 22 points, or 1.3%, to 1,721 points, its lowest level in over two weeks. ...
https://www.hellenicshippingnews.com/baltic-index-marks-weekly-dip-on-larger-vessel-weakness/
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ShipOracle News
Italian product tanker owner and operator d’Amico International Shipping (DIS) has bolstered its orderbook at Jiangsu New Yangzi Shipbuilding with two additional LR1 tankers. The Milan-listed firm is paying $56.2m per ship, with deliveries expected in July and December 2027. DIS currently boasts a fleet of 34 double-hulled product tankers of which 26 are owned. …
https://splash247.com/damico-doubles-down-on-lr1-newbuilds/
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