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Today, Tuesday, April 29 2025, the Baltic Dry Index decreased by 2205 points, reaching 1398 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-1398-down-05-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1398-down-05-points/Subsea Integration Alliance members, Subsea 7 and SLB’s OneSubsea, have been awarded an engineering, procurement, construction, and installation contract for the Ginger project offshore Trinidad and Tobago by supermajor BP. The work on the project will be done under the new global framework agreement between BP and the Subsea Integration Alliance partners. The framework defines …
https://splash247.com/subsea-7-onesubsea-score-work-on-bps-gas-project-off-trinidad/
https://splash247.com/subsea-7-onesubsea-score-work-on-bps-gas-project-off-trinidad/Norwegian offshore vessel owner Solstad Offshore has won work for three of its vessels offshore Brazil. The contracts, subject to board approval, are for two yet unnamed anchor handling tug supply (AHTS) vessels and the 2002-built Normand Flower construction support vessel (CSV). The three vessels were awarded four-year deals by Brazilian state-owned company Petrobras. The …
https://splash247.com/solstad-scores-hat-trick-of-deals-in-brazil/
https://splash247.com/solstad-scores-hat-trick-of-deals-in-brazil/Brazilian state-owned oil and gas giant Petrobras has launched a large-scale tender to charter up to 18 platform supply vessels. The selection process will be in line with Petrobras’ usual closed-bid model, with the lowest price as the primary selection criteria, followed by an evaluation of each vessel’s technical specifications. The deadline for proposal submissions …
https://splash247.com/petrobras-looking-to-charter-up-to-18-platform-suppliers/
https://splash247.com/petrobras-looking-to-charter-up-to-18-platform-suppliers/Steven Jones, founder of the Seafarers Happiness Index, discusses how the demands of old ships and new tech are taking something of a workload toll. They say change is as good as a rest. For seafarers, though, that is plain nonsense. Still, ever optimistic, there is much from the International Labour Organization’s (ILO) tripartite Maritime …
https://splash247.com/managing-the-crew-burden-cycle/
https://splash247.com/managing-the-crew-burden-cycle/Wah Kwong is expanding into the Middle Eastern market, with subsidiary Venture Marine Services (VMS) joining AW Shipping’s gas newbuild project in China. The Hong Kong shipping giant said WMS will be overseeing the newbuilding supervision projects for seven 99,000 cu m very large ethane carriers (VLECs) and four 93,000 cu m very large ammonia …
https://splash247.com/wah-kwong-gets-on-board-aw-shipping-gas-carriers-newbuilding-programme/
https://splash247.com/wah-kwong-gets-on-board-aw-shipping-gas-carriers-newbuilding-programme/French liner CMA CGM has completed the acquisition of Air Belgium, adding four more cargo airplanes to its burgeoning airfreight division. The company said it will retain the Air Belgium brand with the latest acquisition taking its air fleet to nine planes. Damien Mazaudier, executive vice president of the air division at CMA CGM, stated: …
https://splash247.com/cma-cgm-completes-acquisition-of-air-belgium/
https://splash247.com/cma-cgm-completes-acquisition-of-air-belgium/Greece’s Dynacom Tankers has swelled its suezmax orderbook at China’s New Times Shipbuilding. Newbuilding sources report that George Procopiou’s company has signed up for two 159,000 dwt vessels, adding to previously booked 10 newbuilds at the privately owned shipyard in late 2023 and early 2024. The Athens-based outfit has a massive orderbook of crude and …
https://splash247.com/dynacom-in-for-more-new-times-suezmaxes/
https://splash247.com/dynacom-in-for-more-new-times-suezmaxes/Seaspan has put pen to paper on more containership newbuilds at Shanghai Waigaoqiao Shipbuilding (SWS) in China. The Bing Chen-led tonnage provider has booked six 10,000 teu vessels with delivery likely starting in 2028. No value has been revealed for the shipbuilding contract that was concluded in renminbi rather than US dollars, and detailed vessel …
https://splash247.com/seaspan-books-six-containership-newbuilds-in-china/
https://splash247.com/seaspan-books-six-containership-newbuilds-in-china/CMB.TECH has revealed it has sold three more VLCCs as part of an ongoing fleet rejuvenation programme. The sales of the 2010-built Hakata and Hakone as well as the 2012-built Iris to unidentified buyers have generated a total capital gain of $96.7m. CMB.TECH and dry bulk concern Golden Ocean aim to finalise a merger deal …
https://splash247.com/cmb-tech-sells-three-vlccs/
https://splash247.com/cmb-tech-sells-three-vlccs/