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India has emerged as a key destination for bauxite as risks in the Arabian Gulf rise. Global bauxite flows increased by 24% y/y in April. Flows to China increased by 26% y/y. Flows to the UAE appear to have returned in April, but are 72% lower than the same period last year. India continues to ...
https://www.hellenicshippingnews.com/china-drives-increased-bauxite-flows-but-guineas-cutback-could-drag-on-growth/Ship to ship (STS) transfers are an established part of dry bulk operations, and they are growing. As new trading areas and cargo flows emerge, STS operations are expanding into regions where port infrastructure or draft limitations make direct berth access impossible. However, the sector has been doing this without a dedicated standard. In tanker ...
https://www.hellenicshippingnews.com/media-release-first-dedicated-sts-standard-for-dry-bulk-released-by-intercargo-as-operations-increase/The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, declined for the fourth session on Wednesday, down 1.6% to its lowest since May 11 at 3,005 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, decreased by 1.4% to 4,880 points; and the ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-for-4th-day/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-for-4th-day/Norway’s Eidesvik Offshore has been awarded a charter extension from compatriot energy giant Equinor for one of its large platform supply vessels (PSV). The extension was awarded to the Viking Avant. The extension will begin in direct continuation of the current charter. Eidesvik said in an Oslo Bors filing that the vessel’s firm period will …
https://splash247.com/equinor-extends-psv-charter-with-eidesvik-offshore/
https://splash247.com/equinor-extends-psv-charter-with-eidesvik-offshore/Bulker owners’ association Intercargo has published the Ship-to-Ship Transfer Guidelines for Bulk Carriers, setting out the first dedicated standard for these activities in the dry bulk sector. Ship-to-ship (STS) transfers enable cargo operations in locations where ports cannot accommodate vessel size, required draft, or cargo volumes, particularly in regions with limited infrastructure. However, such operations …
https://splash247.com/intercargo-publishes-first-sts-transfer-standard-for-bulk-carriers/
https://splash247.com/intercargo-publishes-first-sts-transfer-standard-for-bulk-carriers/The Asian Infrastructure Investment Bank (AIIB) will lend $300m to International Container Terminal Services Inc. (ICTSI) to support the expansion and upgrade of three container terminals in the Philippines. The loan will support technology-enabled infrastructure upgrades at the Manila International Container Terminal, the South Luzon Container Terminal currently under development in Batangas, and the Mindanao …
https://splash247.com/philippines-port-capacity-set-for-boost-with-300m-loan-package/
https://splash247.com/philippines-port-capacity-set-for-boost-with-300m-loan-package/Cadeler has reported higher first-quarter revenue and earnings, supported by expanded offshore wind installation activity following growth in its operating fleet.The Danish offshore wind vessel operator posted revenue $145.2 million (€125 million) for the first quarter of 2026…
https://www.marinelink.com/news/cadelers-first-quarter-revenue-jumps-539415
https://www.marinelink.com/news/cadelers-first-quarter-revenue-jumps-539415PALFINGER has secured a contract to supply davit cranes for five offshore converter platforms in the North Sea, expanding its presence in the offshore wind market as Europe accelerates grid infrastructure development tied to renewable energy…
https://www.marinelink.com/news/palfinger-supply-cranes-north-sea-hvdc-539417
https://www.marinelink.com/news/palfinger-supply-cranes-north-sea-hvdc-539417Bernhard Schulte has christened its first liquefied CO2 (LCO2) carrier, marking the company’s entry into the carbon capture and storage (CCS)-related shipping segment.The vessel, named Northern Purpose, was christened on May 19 at Dalian Shipbuilding…
https://www.marinelink.com/news/northern-lights-ccs-fleet-grows-first-539418
https://www.marinelink.com/news/northern-lights-ccs-fleet-grows-first-539418INTERCARGO has published the first dedicated ship-to-ship (STS) transfer guidelines for dry bulk carriers, as such operations expand into new trading regions and offshore locations with limited port infrastructure.The ‘Ship to Ship Transfer…
https://www.marinelink.com/news/intercargo-issues-first-dry-bulk-539419
https://www.marinelink.com/news/intercargo-issues-first-dry-bulk-539419