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The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, edged down on Monday, pressured by weaker panamax vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 12 points, or 0.5%, to 2,193 points, its lowest since November 17. The ...
https://www.hellenicshippingnews.com/baltic-index-edges-lower-on-weaker-panamax-rates/
https://www.hellenicshippingnews.com/baltic-index-edges-lower-on-weaker-panamax-rates/Soybean cargoes have been gaining market share in the dry bulk shipping trade. In its latest weekly report, shipbroker Intermodal said that “soybeans have again emerged as one of the most influential variables for dry bulk demand, especially for Kamsarmax vessels that anchor the Brazil–China and US–China export corridors. Today’s combination of ongoing US–China trade ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-soybean-trade-gaining-market-share/
https://www.hellenicshippingnews.com/dry-bulk-shipping-soybean-trade-gaining-market-share/Manila-based port operator International Container Terminal Services Inc (ICTSI) is pressing ahead with a major expansion at Brazil’s Rio Brasil Terminal, committing R$948m ($175m) to lift capacity and modernise operations at the Port of Rio de Janeiro. The investment programme, running from 2025 to 2029, will increase annual capacity by more than 70%, from 440,000 …
https://splash247.com/ictsi-pours-175m-into-rio-terminal-expansion/
https://splash247.com/ictsi-pours-175m-into-rio-terminal-expansion/The Poseidon Principles, the shipping finance framework used by banks to track and disclose climate alignment, is widening its scope to bring more of the maritime finance world into the tent. Until now, the initiative has largely been the domain of ship lenders, lessors and financial guarantors. That is set to change. The Poseidon Principles …
https://splash247.com/poseidon-principles-opens-the-door-to-private-capital/
https://splash247.com/poseidon-principles-opens-the-door-to-private-capital/ABB and HDF Energy have signed a joint-development agreement (JDA) to develop a high-power fuel cell unit for marine applications.The agreement builds on an earlier Memorandum of Understanding (MoU) signed between ABB and HDF Energy in 2020…
https://www.marinelink.com/news/abb-hdf-energy-target-maritime-533496
https://www.marinelink.com/news/abb-hdf-energy-target-maritime-533496MISC and China Offshore Engineering & Technology Company have received the Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for their design of an ammonia floating production storage and offloading (FPSO) vessel.This innovative…
https://www.marinelink.com/news/abs-approves-misc-china-offshores-ammonia-533497
https://www.marinelink.com/news/abs-approves-misc-china-offshores-ammonia-533497Kongsberg Maritime has announced the introduction of two new sizes to its Underwater Mountable, Permanent Magnet (UUC PM) azimuth thruster range, expanding its offering for propulsion solutions for demanding offshore and marine operations.The…
https://www.marinelink.com/news/kongsberg-maritime-grows-uuc-pm-azimuth-533502
https://www.marinelink.com/news/kongsberg-maritime-grows-uuc-pm-azimuth-533502Ocean Infinity has reached a significant milestone with the delivery of the final vessel in its 14-vessel Armada fleet, featuring advanced underwater robotic systems capable of a wide range of data collection tasks.Over the past five years,…
https://www.marinelink.com/news/ocean-infinity-takes-delivery-final-533505
https://www.marinelink.com/news/ocean-infinity-takes-delivery-final-533505Belgian offshore contractor Jan De Nul has concluded the 2025 transport and installation campaign of three HVAC grid connection cables at TenneT’s DolWin kappa platform.When finalized, these cables will ensure the transport of almost 660 MW renewable electricity from two offshore wind farms…
https://www.marinelink.com/news/jan-de-nul-wraps-cable-installation-job-533507
https://www.marinelink.com/news/jan-de-nul-wraps-cable-installation-job-533507Today, Monday, December 15 2025, the Baltic Dry Index decreased by 12 points, reaching 2193 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-2193-down-12-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2193-down-12-points/