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Containerlines are scrapping sailings at a pace not seen since the height of the pandemic, as tariff turbulence and weak US demand ripple through global supply chains. Carrier operating margins have dropped below breakeven on several key routes, with carriers still prioritising market share over profitability. Fresh data from project44 shows 67 sailings cancelled from …
https://splash247.com/carriers-blank-sailings-at-pandemic-pace-to-prop-up-rates/
https://splash247.com/carriers-blank-sailings-at-pandemic-pace-to-prop-up-rates/Boston-based Blue Water Autonomy, a company designing and producing unmanned ships for the U.S. Navy, has formed an Advisory Board whose members include:• RADM (ret.) Tom Anderson, former Program Executive Officer, Ships (PEO Ships)• Stephen Rodriguez…
https://www.marinelink.com/news/blue-water-autonomy-appoints-advisory-530797
https://www.marinelink.com/news/blue-water-autonomy-appoints-advisory-530797Repsol has strengthened their bunkering operations in Peru with the deployment of the Bunker Tanker Thomas B (20,000 DWT). In addition to the Bunker Tanker Adrian (16,000 DWT) already operating in the Port of Callao, Repsol has more than doubled…
https://www.marinelink.com/news/repsol-deploys-bunker-tanker-thomas-b-530781
https://www.marinelink.com/news/repsol-deploys-bunker-tanker-thomas-b-530781German Economy Minister Katherina Reiche on Monday unveiled a 6 billion euro ($7 billion) funding initiative aimed at industrial decarbonisation, incorporating carbon capture and storage (CCS) technology into the country's climate protection…
https://www.marinelink.com/news/germany-launches-b-industrial-530786
https://www.marinelink.com/news/germany-launches-b-industrial-530786The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, snapped a six-day losing streak on Monday, buoyed by stronger capesize vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 31 points to 1,932 points. The capesize index rose 104 ...
https://www.hellenicshippingnews.com/baltic-index-snaps-six-day-losing-streak-on-stronger-capesize-rates/Manila-headquartered International Container Terminal Services Inc (ICTSI) has secured a 25-year extension for its concession agreements to operate Subic Bay’s two container terminals, NCT-1 and NCT-2. The deal, signed with the Subic Bay Metropolitan Authority (SBMA), allows ICTSI’s subsidiaries, Subic Bay International Terminals Corp (SBICT) and ICTSI Subic Inc (ISI), to continue running the facilities …
https://splash247.com/ictsi-locks-in-subic-bay-terminals-extension-with-130m-upgrade-plan/
https://splash247.com/ictsi-locks-in-subic-bay-terminals-extension-with-130m-upgrade-plan/Greek OSV owner Capital Offshore has acquired 50% of shares in German OSV management specialist United Offshore Support (UOS) from Hayfin Capital Management. Completion of the transaction is subject to regulatory approvals. Upon closing, the company will operate under the new name UOS Capital. The vessels owned by the Evangelos Marinakis-backed outfit will be under UOS …
https://splash247.com/capital-offshore-and-united-offshore-support-combine-osv-fleets-under-new-jv/
https://splash247.com/capital-offshore-and-united-offshore-support-combine-osv-fleets-under-new-jv/Maritime system supplier Brunvoll has signed a contract with Vard to deliver complete propulsion and maneuvering systems for two Commissioning Service Operation Vessels (CSOVs).The vessels, being built for international owner, will be equipped…
https://www.marinelink.com/news/vards-csov-newbuild-pair-feature-brunvoll-530765
https://www.marinelink.com/news/vards-csov-newbuild-pair-feature-brunvoll-530765From inland towboats and tank barges, to oceangoing tankers and government fleets, Bergan Marine is literally everywhere you look on the waterfront. Kyle Durden, President & CEO, Bergan Marine Systems, discusses the rich history of this company…
https://www.marinelink.com/news/better-data-modular-solutions-drive-530777
https://www.marinelink.com/news/better-data-modular-solutions-drive-530777Today, Monday, October 06 2025, the Baltic Dry Index climbed by 31 points, reaching 1932 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-climbs-to-1932-up-31-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1932-up-31-points/