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All ships heading to Israeli ports will be targeted by Yemen's Iran-backed Houthis and not just in the Red Sea region, the group's leaded Abdulmalik al-Houthi said in a televised speech on Thursday.The group has threatened to extend their attacks…
https://www.marinelink.com/news/houthis-target-ships-heading-israel-group-513814
https://www.marinelink.com/news/houthis-target-ships-heading-israel-group-513814Shipping group CMA CGM benefited in the first quarter from a rebound in demand for consumer goods and higher freight rates linked to Red Sea disruption, but expects an influx of new ships to weigh on the market later in the year, it said on Friday.France-based CMA CGM…
https://www.marinelink.com/news/cma-cgm-sees-overcapacity-looming-513817
https://www.marinelink.com/news/cma-cgm-sees-overcapacity-looming-513817Turkish shipbuilder Med Marine announced it has delivered the MED-A2565 class Robert Allan Ramparts 2500-W design tugboat for Arrendadora Continental, S.A.The newly built tugboat, named Monterrico by its owner, has been delivered to Guatemala…
https://www.marinelink.com/news/med-marine-delivers-tug-arrendadora-513818
https://www.marinelink.com/news/med-marine-delivers-tug-arrendadora-513818Uncle Sam wants you — to choose a career in welding. The chronic shortage of qualified welders has been well documented. The American Welding Society (AWS) even created a website — www.weldingworkforcedata.com — so that industry and the media could share accurate data. Currently, the U.S.
https://www.marinelink.com/news/apprenticeship-programs-key-future-marine-513819
https://www.marinelink.com/news/apprenticeship-programs-key-future-marine-513819Mobile, Ala. shipbuilder Silver Ships announced it has delivered the first four coastal fast response boats (CFRB) under a contract award worth $6.12 million from the Naval Sea Systems Command.The vessels were designed and constructed as a part of the U.S.
https://www.marinelink.com/news/silver-ships-delivers-first-four-coastal-513820
https://www.marinelink.com/news/silver-ships-delivers-first-four-coastal-513820Electramar, the first in a series of 12 plug-in hybrid vessels being built by Chowgule and Company shipyard in India for ESL Shipping's subsidiary AtoB@C Shipping, was christened in the city center of Helsinki on May 15.The vessel’s godmother is Paula Ojala…
https://www.marinelink.com/news/esl-shippings-first-plugin-hybrid-vessel-513821
https://www.marinelink.com/news/esl-shippings-first-plugin-hybrid-vessel-513821China’s iron ore imports are likely to climb to an all-time high this year, helped by shipments from India and Ukraine, as well as resilient demand in the world’s biggest consumer of the key steelmaking ingredient, analysts and market participants said. Imports are expected to rise between 15 to 50 million metric tons from last ...
https://www.hellenicshippingnews.com/chinas-2024-iron-ore-imports-seen-at-record-on-higher-supplies-robust-demand/The Baltic Exchange’s main sea freight index marked its best week in more than two months on Friday, despite a daily decline attributed to weakness in capesize vessel segment. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 37 points, or 1.7%, to 2,129. The index was up more ...
https://www.hellenicshippingnews.com/baltic-dry-bulk-index-logs-best-week-in-more-than-two-months/
https://www.hellenicshippingnews.com/baltic-dry-bulk-index-logs-best-week-in-more-than-two-months/This five-part story series examines the coking coal market from a few angles. This first part focuses on India’s rising importance in spot markets. The second part visualizes the nation’s meteoric rise in met coal demand, the third examines Australia’s continued dominance as an exporter, the fourth examines Chinese demand, while the fifth explores how ...
https://www.hellenicshippingnews.com/met-coal-series-india-china-demand-to-widen-australias-lead-as-top-coking-coal-exporter/Capesize Following the UK Bank holiday, Tuesday marked a strong start for the Capesize market with rising rates in both the Pacific and Atlantic regions, driven by increased miner activity and healthy cargo volumes particularly in the Pacific. The C5 index moved up by $0.84 to $11.650. There were significant gains in the North Atlantic ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-posts-strong-bounce-this-week/
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-posts-strong-bounce-this-week/