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The first quarter of 2025 has shown mixed signals in China’s dry bulk import profile, reflecting commodity-specific trends and the broader strategic shifts underway amid the U.S.-China trade war. The above charts reveal YoY volume comparisons for March 2025 vs. March 2024, highlighting divergent patterns in iron ore, coal, and grain flows to China. Iron ...
https://www.hellenicshippingnews.com/dry-weekly-market-monitor-dry-bulk-voyage-flows-to-china-amid-escalating-trade-tensions-q1-2025/The Baltic Exchange’s dry bulk sea freight index rose on Wednesday to its highest level in more than a week, as rates increased across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, was up 39 points, or 3.1%, to 1,300 points, its highest since April 8. The ...
https://www.hellenicshippingnews.com/baltic-index-gains-on-stronger-vessel-rates/
https://www.hellenicshippingnews.com/baltic-index-gains-on-stronger-vessel-rates/Prices for dry bulk carriers have been on the rise over the past week, as more deals were concluded. In its latest weekly report, shipbroker Xclusiv said that on the dry bulk market “on the Kamsarmax sector, the “Sea Pluto” – 81K/2013 New Times was sold for USD 16.5 mills and the “Seaduty” – 82K/2008 ...
https://www.hellenicshippingnews.com/dry-bulker-prices-on-the-rise/
https://www.hellenicshippingnews.com/dry-bulker-prices-on-the-rise/Offshore drilling contractor Vantage Drilling has received a conditional letter of award from an undisclosed client for the 2010-built drillship Platinum Explorer. The company stated that the conditional letter of award has a 90-day validity period. The contract value is around $80m with an anticipated 260 days required to complete the campaign, inclusive of mobilisation …
https://splash247.com/vantage-drilling-bags-80m-drillship-deal/
https://splash247.com/vantage-drilling-bags-80m-drillship-deal/DNV has completed the technology qualification (TQ) of Subtera’s passive terahertz sensor technology designed to detect corrosion under insulation (CUI) and the trapped moisture that causes it, a pervasive challenge in industrial plants.CUI…
https://www.marinelink.com/news/dnv-qualifies-subteras-cui-detection-tool-524934
https://www.marinelink.com/news/dnv-qualifies-subteras-cui-detection-tool-524934North Star, a U.K.-based service operation vessel (SOV) operator, has become the first organization in the world to have ships achieve Lloyd’s Register’s Cyber Resilience classification.The classification is in line with mandatory International…
https://www.marinelink.com/news/north-stars-csov-newbuilds-lrs-cyber-524935
https://www.marinelink.com/news/north-stars-csov-newbuilds-lrs-cyber-524935Japan's Tsuneishi Shipbuilding said the Tsuneishi Group (Zhoushan) Shipbuilding Inc. - its shipbuidling factory in China - has completed the first block loading for its first Methanol-Fueled 5,900-TEU Type Container Carrier earlier this month.The 5…
https://www.marinelink.com/news/methanolfueled-container-vessel-takes-524938
https://www.marinelink.com/news/methanolfueled-container-vessel-takes-524938Inmarsat Maritime, a Viasat company, has signed an agreement with Sallaum Lines, a Roll-on/Roll-off (RoRo) cargo shipping company, to upgrade to Inmarsat Maritime’s NexusWave fully managed bonded connectivity service.As Sallaum Lines expands its global presence…
https://www.marinelink.com/news/sallaum-lines-picks-inmarsats-nexuswave-524939
https://www.marinelink.com/news/sallaum-lines-picks-inmarsats-nexuswave-524939‘Bingo42’ is namesake of an innovative new 42,000 dwt bulk carrier that will be jointly developed and marketed by Onomichi Dockyard and Tsuneishi Shipbuilding, a pair of historic Japanese shipbuilders. The name Bingo 42 is derived from ‘Beyond Innovation…
https://www.marinelink.com/news/thats-a-bingo-japanese-shipyards-524940
https://www.marinelink.com/news/thats-a-bingo-japanese-shipyards-524940Tsuneishi Shipbuilding launched Japan’s first tugboat to be equipped with a hydrogen-powered internal combustion engine (ICE). This vessel was launched in late March at Tsuneishi Factory, equipped with a high-power output hydrogen dual-fuel…
https://www.marinelink.com/news/japans-first-hydrogen-dualfuel-tugboat-524941
https://www.marinelink.com/news/japans-first-hydrogen-dualfuel-tugboat-524941