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On December 8, Techcross received cyber security type approval from ABS and NK, becoming the first company in the industry to obtain cyber security type approvals from five major global classification societies.Both of Techcross's Ballast Water Management Systems (BWMS)…
https://www.marinelink.com/news/techcross-receives-cyber-security-type-533454
https://www.marinelink.com/news/techcross-receives-cyber-security-type-533454Prices of iron ore futures slid on Thursday on elevated concerns over demand in top consumer China fueled by weakening steel consumption that has outweighed hopes of policy signals from Beijing’s high-level meeting. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! closed daytime trade 1.3% lower at 757 yuan ($107.22) a ...
https://www.hellenicshippingnews.com/iron-ore-slides-as-china-demand-outlook-dims/
https://www.hellenicshippingnews.com/iron-ore-slides-as-china-demand-outlook-dims/Climate tech specialist Syroco is pleased to announce new results from its voyage optimisation platform, Syroco Live. The system, which leverages advanced predictive models to improve routing and energy management, demonstrates significant potential in enabling bulk carriers to operate more efficiently. The capabilities of Syroco Live were recently validated on a transoceanic voyage by an ...
https://www.hellenicshippingnews.com/syroco-live-enhances-energy-efficiency-and-voyage-economics-for-bulk-carriers/A likely tightening of palm oil supply driven by Indonesia’s higher biodiesel mandate is expected to support continued growth in longhaul soybean oil shipments from the Americas to Asia in 2026, thereby boosting tonne-mile demand for large chemical tankers. However, the ongoing US–India trade negotiations pose a downside risk. If India allows imports of genetically ...
https://www.hellenicshippingnews.com/growth-of-longhaul-vegoil-trade-at-risk-amid-looming-us-india-trade-deal/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a near three-week low on Thursday, weighed down by weaker vessel rates across all segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell for its sixth straight session by ...
https://www.hellenicshippingnews.com/baltic-index-extends-losses-to-near-three-week-low-on-falling-vessel-rates/Today, Friday, December 12 2025, the Baltic Dry Index decreased by 89 points, reaching 2205 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-2205-down-89-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2205-down-89-points/One of Russia’s two biggest oil producers Lukoil has stopped production on a platform on the Vladimir Filanovsky field after a strike by four Ukrainian aerial drones. According to media reports quoting the Ukrainian Security Service, this was the first time a drone struck a Russian oil platform in the Caspian. The V. Filanovsky field, …
https://splash247.com/lukoil-halts-output-at-major-caspian-field-after-ukrainian-drone-attack/
https://splash247.com/lukoil-halts-output-at-major-caspian-field-after-ukrainian-drone-attack/Let’s stop treating warning signs at sea as just part of the job, writes Ronald Spithout, managing director of OneHealth by VIKAND. As the festive season approaches, many people look forward to rest, celebration and time with family and friends. However, for many seafarers, this period is spent miles away from home, often working long …
https://splash247.com/burnout-wave-hits-crews-worldwide/
https://splash247.com/burnout-wave-hits-crews-worldwide/South Korea’s Hanwha Group has secured approval to lift its stake in Austal to 19.9%, becoming the Australian defence shipbuilder’s largest shareholder in a move expected to reshape naval-industry cooperation between Seoul, Canberra and Washington. Australia’s treasurer Jim Chalmers confirmed the decision on Thursday, following a review by the Foreign Investment Review Board. It follows …
https://splash247.com/hanwha-becomes-austals-largest-shareholder/
https://splash247.com/hanwha-becomes-austals-largest-shareholder/Greek owner Element Shipmanagement has moved into the popular handysize segment, reshaping its once pure-play container strategy. The Piraeus-based outfit made its first move outside containers since its humble start in 2012, picking up the 35,000 dwt Union Groove from fellow Greek owner Union Commercial for $13.6m. The ship is now renamed LM Demeter. Element …
https://splash247.com/element-shipmanagement-enters-dry/
https://splash247.com/element-shipmanagement-enters-dry/