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Hanwha Ocean has added a comprehensive financing deal to its proposal to sell Poland submarines, the South Korean shipbuilder said on Friday, as it battles rival European bidders.Poland is seeking to buy three submarines under its "Orka" programme…
https://www.marinelink.com/news/hanwha-ocean-adds-financing-deal-poland-527412
https://www.marinelink.com/news/hanwha-ocean-adds-financing-deal-poland-527412Germany is considering changing its foreign trade law to prevent the company running the Nord Stream 2 pipelines from being taken over, a document showed on Friday, as part of Berlin's efforts to prevent any resumption of Russian gas imports.For decades Germany relied on cheap Russian gas…
https://www.marinelink.com/news/germany-considers-foreign-trade-reform-527413
https://www.marinelink.com/news/germany-considers-foreign-trade-reform-527413Iron ore futures rose on Friday, posting their largest weekly gain since May 16 on falling iron ore and steel inventories, outweighing Taiwan’s anti-dumping duties. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.99% higher at 716.5 yuan ($99.95) a metric ton. The contract gained 1.64% this week, ...
https://www.hellenicshippingnews.com/iron-ore-posts-largest-weekly-gain-in-six-on-falling-inventories/Chinese firms have booked the first soymeal cargo from Argentina since Beijing approved Argentine imports in 2019, as China’s animal feed industry looks to broaden its supply options to mitigate potential disruptions from the U.S.-China trade war. Several Chinese feed makers have jointly signed the deal to purchase 30,000 metric tons of Argentine soymeal for ...
https://www.hellenicshippingnews.com/china-signs-first-argentine-soymeal-deal-under-threat-of-us-trade-war-disruptions/This week’s Market Monitor highlights a notable shift in thermal coal trade flows, particularly in the evolving import strategies of China and India. According to the latest dry bulk flow data, Indonesia continues to account for 48% of global thermal coal exports, with Taboneo and Muara Berau remaining the most active origin terminals. However, Chinese ...
https://www.hellenicshippingnews.com/dry-bulk-weekly-monitor-spotlight-on-indonesian-thermal-coal-shipments/The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell on Friday, marking its second consecutive weekly decline, pressured by a drop in capesize vessel rates. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was down 32 points, or 2.1%, at 1,521, hitting ...
https://www.hellenicshippingnews.com/baltic-dry-index-posts-weekly-loss-as-capesize-rates-fall/
https://www.hellenicshippingnews.com/baltic-dry-index-posts-weekly-loss-as-capesize-rates-fall/China’s iron ore imports have been dropping so far in 2025, based on the latest data. In its latest weekly report, shipbroker Banchero Costa said that “2024 was another positive year for global seaborne iron ore trade. In Jan-Dec 2024, global loadings of iron ore increased by +2.3% y-o-y to 1,669.2 mln tonnes, based on ...
https://www.hellenicshippingnews.com/china-iron-ore-imports-on-the-weaker-side-this-year/
https://www.hellenicshippingnews.com/china-iron-ore-imports-on-the-weaker-side-this-year/Starting today, Splash will be bringing readers a weekly wrap to digest the important shipping news of the past few days. This complements Daily Splash, our free newsletter published Monday through Friday, as well as Splash Extra, our monthly digest. Conflict with Iran dominated the headlines in the earlier part of the week, with extreme …
https://splash247.com/splash-weekly-wrap-iran-dominates-the-headlines/
https://splash247.com/splash-weekly-wrap-iran-dominates-the-headlines/A new cybersecurity solution from Hanwha Ocean to protect critical infrastructure and operations on board floating production storage and offloading (FPSO) units received approval in principle (AiP) from American Bureau of Shipping (ABS).Hanwha Ocean…
https://www.marinelink.com/news/hanwha-oceans-fpso-cybersecurity-concept-527382
https://www.marinelink.com/news/hanwha-oceans-fpso-cybersecurity-concept-527382The liquefied natural gas (LNG) carrier LNG Barka, operated and managed by an NYK Group company, along with the bulk carrier Lily Fortune, operated by NYK, was honored with the "Best Quality Ship 2024" award sponsored by the Japan Federation of Pilots' Associations.
https://www.marinelink.com/news/japan-pilots-tap-nyk-vessel-pair-lng-527385
https://www.marinelink.com/news/japan-pilots-tap-nyk-vessel-pair-lng-527385