Access cargoes, ship positions, ships and parts for sale, news, events and jobs
The Baltic Exchange’s dry bulk freight index dropped on Friday, reaching its lowest point since September 3 as weaker rates for capesize and panamax vessels pulled down the benchmark. The main Baltic index, which measures rates for capesize, panamax and supramax vessels, declined 14 points, or 0.4%, to 3,507. The index lost 3.3% for the ...
https://www.hellenicshippingnews.com/baltic-dry-bulk-freight-index-falls-to-lowest-in-over-a-week/
https://www.hellenicshippingnews.com/baltic-dry-bulk-freight-index-falls-to-lowest-in-over-a-week/South Korea’s Korea Line has secured a new long-term bulker charter with China’s Zhejiang Shipping worth an estimated KRW42.08bn ($31.38m). The SM Group-controlled owner will provide one bulk carrier under a contract running nominally from October 25, 2026 to October 25, 2029, according to a regulatory filing in Seoul. The actual charter period can range …
https://splash247.com/korea-line-locks-in-31m-zhejiang-bulker-charter/
https://splash247.com/korea-line-locks-in-31m-zhejiang-bulker-charter/Flexport has defeated a $33.7m Federal Maritime Commission claim brought by Peloton over detention, demurrage and storage costs accumulated during the pandemic-era supply chain crunch. Administrative law judge Mary Apostolakos Hervey rejected Peloton’s amended complaint in full, finding that Flexport had not violated the Shipping Act provisions cited by the exercise equipment group and was …
https://splash247.com/flexport-beats-pelotons-33-7m-fmc-claim/
https://splash247.com/flexport-beats-pelotons-33-7m-fmc-claim/Singapore-based Wealth Holdings has added a third multipurpose newbuilding programme this year, signing for up to six 25,000 dwt ships at China’s Hubei Guangji Green Energy Shipbuilding. The deal covers two firm vessels with two separate two-ship options, taking Wealth Holdings’ potential MPP newbuilding pipeline across its three programmes to 18 ships. The latest SDARI-designed …
https://splash247.com/wealth-holdings-grows-mpp-pipeline-with-up-to-six-more-newbuilds-in-china/
https://splash247.com/wealth-holdings-grows-mpp-pipeline-with-up-to-six-more-newbuilds-in-china/Oman’s Asyad Shipping has returned to HD Hyundai Heavy Industries for two more MR product tanker newbuildings, taking a charter-backed programme launched just two months ago to eight ships. The Muscat-listed owner is paying around OMR39.89m ($103.6m) for the latest pair of 49,999 dwt tankers, with deliveries scheduled for 2029. Both ships already have five-year …
https://splash247.com/asyad-doubles-down-on-charter-backed-mr-newbuilds/
https://splash247.com/asyad-doubles-down-on-charter-backed-mr-newbuilds/China’s Hubei province has signed batch construction agreements for 89 battery-swapping bulkers, taking its electric shipping drive from individual demonstration vessels towards series production. The package, unveiled at an inland shipping forum in Wuhan this week, comprises 29 vessels in the 10,000 dwt class, 20 of 5,000 dwt and 40 of 3,000 dwt. All three …
https://splash247.com/china-scales-battery-swapping-shipping-with-89-vessel-order/
https://splash247.com/china-scales-battery-swapping-shipping-with-89-vessel-order/Yemen's Iran-aligned Houthis on Friday reached the strategic island of Perim in the Bab el-Mandeb Strait, four Yemeni government sources told Reuters, potentially tightening their grip on one of the world's vital shipping routes and further…
https://www.marinelink.com/news/houthi-forces-reach-perim-island-raising-542876
https://www.marinelink.com/news/houthi-forces-reach-perim-island-raising-542876Twenty-five people died in a fire aboard a foreign cargo vessel undergoing repairs at a state-owned shipyard in the eastern Chinese city of Qingdao on Thursday, state media reported.The fire broke out at about 11:15 a.m. (0315 GMT) at the Qingdao Beihai shipyard during repair and inspection works…
https://www.marinelink.com/news/deadly-cargo-ship-fire-kills-china-542877
https://www.marinelink.com/news/deadly-cargo-ship-fire-kills-china-542877Spanish shipyard GONDAN Shipbuilders has launched a 120-metre Ocean Energy Support Vessel (OESV) for Østensjø Rederi, the largest vessel built by the shipyard to date.The C513 OESV was launched at GONDAN's Figueras facility and will now undergo…
https://www.marinelink.com/news/gondan-launches-largestever-vessel-built-542878
https://www.marinelink.com/news/gondan-launches-largestever-vessel-built-542878Today, Friday, September 11 2026, the Baltic Dry Index decreased by 14 points, reaching 3507 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-3507-down-14-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-3507-down-14-points/