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The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was down for the eighth consecutive session on Tuesday, dropping 3.4% to its lowest since May 1st at 2,818 points. Sustained weakness across larger vessel segments continued to weigh. The capesize index, which typically transports 150,000-ton cargoes including iron ...
https://www.hellenicshippingnews.com/baltic-dry-index-extends-losing-run-into-8th-day/
https://www.hellenicshippingnews.com/baltic-dry-index-extends-losing-run-into-8th-day/Greek owner Thenamaris has added more tankers to its growing newbuilding programme, confirming fresh orders in South Korea and China as it continues one of the most active fleet renewal campaigns. The Nikolas Martinos-led company has confirmed an earlier-reported order for two 50,000 dwt MR2 product tankers at HD Hyundai Heavy Industries, with deliveries scheduled …
https://splash247.com/thenamaris-broadens-tanker-newbuild-programme/
https://splash247.com/thenamaris-broadens-tanker-newbuild-programme/Malaysian offshore vessel owner Keyfield International has acquired a 2014-built anchor handling tug supply (AHTS) vessel for $7.35m (RM29.6m) in cash, as part of its fleet expansion strategy. The vessel, to be renamed Keyfield Joyful, previously operated in Indonesia, Australia, Singapore, and Bangladesh. It is expected to be deployed in the second half of 2026 …
https://splash247.com/keyfield-snaps-up-ahts-vessel-to-bolster-offshore-fleet/
https://splash247.com/keyfield-snaps-up-ahts-vessel-to-bolster-offshore-fleet/Hong Kong-based offshore and clean energy technologies provider CM Energy has unveiled a new class of construction and service operation vessel (CSOV). The so-called Meridian Class CSOV is a next-generation vessel platform specifically developed to meet the evolving requirements of the global offshore wind industry. The vessel is designed to North Sea standards and optimised …
https://splash247.com/cm-energy-unveils-next-gen-csov-design/
https://splash247.com/cm-energy-unveils-next-gen-csov-design/Pingtan Minghui Shipping has entered the tanker sector for the first time, ordering a pair of LR2 product carriers at a Chinese shipyard. The Fujian-based owner has contracted Taizhou JianXing Heavy Industry to build two 114,000 dwt tankers through its subsidiaries Tianjin Minhui Shipping and Tianjin Afera Shipping, according to company disclosures. The vessels are …
https://splash247.com/chinese-bulker-owner-pingtan-minghui-breaks-into-tanker-sector/
https://splash247.com/chinese-bulker-owner-pingtan-minghui-breaks-into-tanker-sector/The Crown Estate plans to launch a competitive tender process this month for the Morgan offshore wind site in the Irish Sea, with the aim of finding a new developer in late 2026. The site has the potential to deliver up to 1.5GW of capacity, providing electricity for up to 1.5m homes. Initially, the Morgan …
https://splash247.com/uk-seeks-new-developer-for-abandoned-1-5gw-offshore-wind-farm/
https://splash247.com/uk-seeks-new-developer-for-abandoned-1-5gw-offshore-wind-farm/International Seaways has returned to the newbuilding market after a two-year break, lining up up to four LNG-ready product tankers in South Korea. Multiple shipbuilding sources report that the New York-listed tanker owner has contracted two firm 74,000 dwt LR1 product carriers at K Shipbuilding, with options for two additional vessels. The two firm ships …
https://splash247.com/international-seaways-lines-up-lr1-newbuilds-in-south-korea/
https://splash247.com/international-seaways-lines-up-lr1-newbuilds-in-south-korea/Nasdaq-listed Greek dry bulk owner Icon Energy is branching out beyond its core market, taking a minority stake in a feeder containership employed on a long-term charter. The Ismini Panagiotidi-led outfit has agreed to acquire about 5% of an entity being formed to purchase a 2,000 teu geared feeder vessel built in 2008. The ship …
https://splash247.com/greek-bulker-owner-icon-energy-dips-into-container-shipping/
https://splash247.com/greek-bulker-owner-icon-energy-dips-into-container-shipping/Hydrogen of Dutch Origin (H2DO) and its partners have launched a feasibility and concept study for a 30-50 MW offshore green hydrogen project in the Dutch North Sea, aimed at demonstrating how offshore hydrogen production could support the expansion…
https://www.marinelink.com/news/hdo-kicks-off-north-sea-green-hydrogen-540076
https://www.marinelink.com/news/hdo-kicks-off-north-sea-green-hydrogen-540076Anemoi Marine Technologies and its partners have completed a joint development project aimed at simplifying the integration of Rotor Sail wind propulsion systems on medium-range (MR) tankers, with classification society DNV granting Approval…
https://www.marinelink.com/news/rotor-sail-wind-propulsion-design-gains-540078
https://www.marinelink.com/news/rotor-sail-wind-propulsion-design-gains-540078