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The Baltic Exchange’s dry bulk sea freight index was unchanged on Tuesday as gains in the panamax and supramax segments countered a decline in capesize rates. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, held steady at 1,261 points. The capesize index fell 17 points, or about 1%, to 1,661. ...
https://www.hellenicshippingnews.com/baltic-index-unchanged-as-gains-in-smaller-vessels-counter-muted-capsize/Due to market uncertainty, overall sale and purchase levels for Bulkers have fallen year on year, with a decrease of c.58% and just 77 reported this year to date, compared to 182 for the same period last year. Since the US proposed fees to Chinese-built vessels entering US ports in February, sale and purchase levels ...
https://www.hellenicshippingnews.com/bulker-sp-activity-falls-sharply-in-q1-2025/
https://www.hellenicshippingnews.com/bulker-sp-activity-falls-sharply-in-q1-2025/Global trade flows are shifting in response to the ongoing trade war. In its latest weekly report, shipbroker Intermodal said that “the recent surge in trade tensions between the U.S. and China, marked by the U.S. imposing tariffs up to 145% on Chinese imports and China retaliating with 125% tariffs, has cast a significant shadow ...
https://www.hellenicshippingnews.com/shifting-trade-flows-from-policy-changes/
https://www.hellenicshippingnews.com/shifting-trade-flows-from-policy-changes/The Royal Dutch Sea Rescue Society (KNRM) has stated that it evacuated two injured crewmen from an OSV that hit the base of an offshore wind turbine in the North Sea. The 1990-built Glomar Venture, owned by the Dutch offshore support vessel player Glomar, made a call for medical evacuation around 7 am local time …
https://splash247.com/two-crewmen-injured-as-osv-hits-wind-turbine-in-dutch-north-sea/
https://splash247.com/two-crewmen-injured-as-osv-hits-wind-turbine-in-dutch-north-sea/Swiss-based offshore geotechnical data acquisition specialist Geoquip Marine has been awarded a survey contract by clean energy asset manager Luxcara for the Waterekke offshore wind farm in the German North Sea. The Njord Partners’ portfolio company, led by former PGS boss Rune Pedersen, said the work scope involves a detailed geotechnical survey to characterise subsurface …
https://splash247.com/geoquip-secures-german-north-sea-wind-farm-contract/
https://splash247.com/geoquip-secures-german-north-sea-wind-farm-contract/As tariffs and trade wars continue to unsettle markets globally, some astute companies are moving to fill the void. One is South Korean shipbuilder Hanwha Ocean, which according to a report by Bloomberg is moving to build the LNG tankers in the United States…
https://www.marinelink.com/news/hanwha-moves-build-lng-carriers-us-524869
https://www.marinelink.com/news/hanwha-moves-build-lng-carriers-us-524869Crane specialist Huisman has signed a contract with Greek shipowner Capital Offshore for the delivery of four Knuckle Boom Cranes, which will be fitted on new platform supply vessels (PSVs).The cranes will be installed on the new MMC-designed…
https://www.marinelink.com/news/huisman-equip-capital-offshores-psvs-four-524877
https://www.marinelink.com/news/huisman-equip-capital-offshores-psvs-four-524877Nekkar’s subsidiary Techano Oceanlift has been awarded a contract by Hercules Supply to deliver an offshore crane for its multi-purpose support vessel (MPSV) newbuild, currently under construction at Fujian Mawei Shipyard.Techano Oceanlift will…
https://www.marinelink.com/news/techano-oceanlift-supply-offshore-crane-524884
https://www.marinelink.com/news/techano-oceanlift-supply-offshore-crane-524884NAG Marine, LLC, a provider of shipboard automation and ruggedized computer systems for maritime applications, has been awarded a $28,591,735 firm-fixed-price, indefinite-delivery/indefinite-quantity (IDIQ) contract by the U.S. Navy for the design…
https://www.marinelink.com/news/nag-marine-inks-m-navy-contract-hmis-524889
https://www.marinelink.com/news/nag-marine-inks-m-navy-contract-hmis-524889Whether it’s an unsafe working condition, an equipment failure, or a concern about a colleague’s competency, mariners must feel empowered to voice concerns without fear of retribution. For all the training you invest in, nothing is more important than a mariner using their intuition and instincts…
https://www.marinelink.com/news/near-miss-reporting-training-mariners-524891
https://www.marinelink.com/news/near-miss-reporting-training-mariners-524891