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Seatrium has secured a series of repair and upgrade contracts worth an aggregate of about S$170 million ($131 million). All works are slated for completion by the first quarter of 2026.Seatrium continues to reinforce Singapore’s status as a premier hub for cruise ship upgrades and retrofits.
https://www.marinelink.com/news/seatrium-wins-cruise-naval-offshore-531618
https://www.marinelink.com/news/seatrium-wins-cruise-naval-offshore-531618China’s biggest all-electric bulk carrier, named Gezhouba, was launched in Yichang, central China’s Hubei Province, marking a key milestone in the country’s green and intelligent shipping sector. The vessel, with a length of nearly 130 meters and a maximum load capacity of over 13,000 tonnes, is equipped with 12 lithium battery power units providing total ...
https://www.hellenicshippingnews.com/chinas-largest-all-electric-bulk-carrier-launched-in-central-china/Today, Momday, October 27 2025, the Baltic Dry Index decreased by 15 points, reaching 1976 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-1976-down-15-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1976-down-15-points/Iron ore futures prices climbed on Monday to their highest in nearly two weeks, as optimism over easing trade tensions between China and the United States, the world’s two largest economies, outweighed demand concerns in top consumer China. Top Chinese and U.S. economic officials on Sunday hashed out the framework of a trade deal for ...
https://www.hellenicshippingnews.com/iron-ore-nears-two-week-high-on-us-china-trade-deal-optimism/
https://www.hellenicshippingnews.com/iron-ore-nears-two-week-high-on-us-china-trade-deal-optimism/Asia’s spot differential for very low sulphur fuel oil (VLSFO) inched higher on Monday, though remaining stuck in a discount as regional supply remained ample. Bids for November-loading VLSFO firmed from the previous session, lifting the Singapore cash differential nearer to $1 a metric ton. Meanwhile, high sulphur fuel oil (HSFO) markets remained volatile. The ...
https://www.hellenicshippingnews.com/vlsfo-differential-recovers-but-clings-to-discount/
https://www.hellenicshippingnews.com/vlsfo-differential-recovers-but-clings-to-discount/The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to a more than two-week low on Monday, pressured by losses across all vessel segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 15 points, or 0.8%, to 1,976 points, ...
https://www.hellenicshippingnews.com/baltic-index-hits-two-week-low-on-declining-vessel-rates-across-all-segments/Capesize The Capesize market lost some of its earlier momentum this week, ending on a softer note. Early positivity in the Pacific, driven by steady miner demand, increased operator activity, and weather-related port delays in China, gave way to a quieter close as offers on C5 slipped from the mid to high $10.00s into the ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-lose-some-ground/
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-lose-some-ground/UK energy services company Petrofac has filed for administration following TenneT’s decision to terminate an offshore wind contract. Petrofac said on Monday that it had “carefully assessed its options” and the impact of TenneT’s contract cancellation. The company had determined that the best course of action was to apply to the High Court of England …
https://splash247.com/petrofac-enters-administration-as-restructuring-plan-unravels/
https://splash247.com/petrofac-enters-administration-as-restructuring-plan-unravels/Offshore jackup rig player Borr Drilling has terminated two of its drilling contracts due to the counterparty being hit with international sanctions. According to the company, the terminations relate to the contracts for the 2013-built Odin and 2020-built Hild rigs operating in Mexico. The two rigs had firm commitments until November 2025 and March 2026, …
https://splash247.com/borr-drilling-cancels-two-mexico-deals-as-client-faces-sanctions/
https://splash247.com/borr-drilling-cancels-two-mexico-deals-as-client-faces-sanctions/Ben Pinnington, founder of Polaris Media, writes for Splash today. His new book, Making Waves: PR strategies to transform your maritime business, will be published by Rethink Press on Amazon on November 4. The sound of screeching breaks can be heard around the world. There can be little doubt the bruising confrontations at the International …
https://splash247.com/maritime-faces-mainstream-media-reckoning/
https://splash247.com/maritime-faces-mainstream-media-reckoning/