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Germany has pledged additional measures to further counter Russia's so-called "shadow fleet" operating in the Baltic and North Sea, the foreign ministry said on Tuesday in a statement.Western sanctions aimed at cutting Russia's oil revenues following its invasion of Ukraine have led to the rise of a
https://www.marinelink.com/news/germany-pledges-additional-measures-527526
https://www.marinelink.com/news/germany-pledges-additional-measures-527526Iron ore futures declined on Tuesday, as disappointing factory data and persistent property sector woes in top consumer China dampened sentiment. Warnings of lower prices from Australian authorities and expectations of softer seasonal demand added to the bearish outlook. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended 1.32% lower at ...
https://www.hellenicshippingnews.com/iron-ore-slides-on-weak-chinese-demand/
https://www.hellenicshippingnews.com/iron-ore-slides-on-weak-chinese-demand/The Baltic Exchange’s main sea freight index fell for a fifth-straight session on Tuesday, to hit a near one-month low, as demand for capesize vessels slipped. The main index eased 31 points, or 2.1%, to 1,458 points, its lowest level since June 3. The capesize index dropped 100 points, or 4.7%, to 2,011 points, lowest ...
https://www.hellenicshippingnews.com/baltic-index-hits-near-one-month-low-as-capesize-demand-slips/
https://www.hellenicshippingnews.com/baltic-index-hits-near-one-month-low-as-capesize-demand-slips/Dry bulk carriers have been in high demand over the past few weeks, both in terms of newbuildings and second hand sales. In its latest weekly report, shipbroker Banchero Costa said that in the newbuilding market “in the dry sector, Chinese company Shandong Shipping placed an order of 10 x 325,000 dwt ore carriers (Guaibamax ...
https://www.hellenicshippingnews.com/dry-bulk-carriers-in-demand/
https://www.hellenicshippingnews.com/dry-bulk-carriers-in-demand/Thomas Miller-controlled Condon Claims Management has acquired US-based Marine Claims Associates for an undisclosed price. The acquisition will take place effective immediately and the entire Marine Claims Associates’ team will fall under the Condon Claims Management brand. “Having the knowledge and experience to broaden our services is essential in today’s modern marine landscape. From conducting …
https://splash247.com/condon-claims-management-acquires-marine-claims-associates/
https://splash247.com/condon-claims-management-acquires-marine-claims-associates/The Royal Belgian Shipowners’ Association (KBRV) has announced a change in leadership, with Loïc Van Staey appointed as its new managing director. He succeeds Wilfried Lemmens, who held the position for over a decade at the association, which counts almost all shipowners operating vessels under the Belgian flag. Van Staey joined KBRV in November of …
https://splash247.com/leadership-change-at-belgian-shipowners-association/
https://splash247.com/leadership-change-at-belgian-shipowners-association/Denmark’s Norden has revealed new activity in the sale-and-purchase market with two transactions closed in the dry and wet segments, continuing a wave of disposals tied to its purchase-option strategy. The Copenhagen-listed company has offloaded one supramax bulk carrier and one MR tanker for an undisclosed sum. No further details have been disclosed about the …
https://splash247.com/norden-flips-two-more-ships/
https://splash247.com/norden-flips-two-more-ships/LNG Canada has loaded the first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada’s first large-scale LNG export facility.Located in Kitimat, British Columbia, the LNG Canada facility…
https://www.marinelink.com/news/canada-joins-lng-export-nations-first-527489
https://www.marinelink.com/news/canada-joins-lng-export-nations-first-527489Zamil 80, the first of three new 60-meter Fast Support Intervention Vessels (FSIVs) designed by Incat Crowther for offshore marine services provider Zamil Offshore, has passed sea trials and will soon enter service.The new vessel exceeded expectations…
https://www.marinelink.com/news/zamil-offshores-new-fast-support-527491
https://www.marinelink.com/news/zamil-offshores-new-fast-support-527491The U.S. National Transportation Safety Board (NTSB) released its preliminary report on the May 17, 2025 collision between the Mexican Navy training vessel ARM Cuauhtémoc and the Brooklyn Bridge, stressing that the findings are not final and…
https://www.marinelink.com/news/ntsb-pilot-order-translations-a-focus-527494
https://www.marinelink.com/news/ntsb-pilot-order-translations-a-focus-527494