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Today, Monday, July 20 2026, the Baltic Dry Index decreased by 81 points, reaching 2671 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-falls-to-2671-down-81-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2671-down-81-points/Oslo-listed semisub player Odfjell Drilling has received signed confirmation from Aker BP that it will extend the firm contract period for use of the 2019-built Deepsea Nordkapp rig by one year. With this signed confirmation, the Deepsea Nordkapp extends its firm contract backlog to the end of 2028, after which Aker BP retains further options. The operating …
https://splash247.com/aker-bp-extends-odfjell-drilling-semisub-charter-to-2028/
https://splash247.com/aker-bp-extends-odfjell-drilling-semisub-charter-to-2028/“The real challenge for our industry is navigating a world that is simultaneously more uncertain, more regulated and more technologically advanced.” That is the central issue Martin Fruergaard, chief executive of Pacific Basin Shipping, expects to confront when he takes the stage for the Dry Bulk Market Outlook session at the inaugural Splash Singapore conference …
Chinese tonnage provider Shanghai Changshun Shipping has added four more 6,150 teu containerships at Yangzhou Guoyu Shipbuilding, taking the series at the yard to 10 vessels. Splash understands the latest signing covers the four options attached to a contract agreed in May for six firm ships and four optional units. Financial terms have not been …
https://splash247.com/shanghai-changshun-firms-up-guoyu-boxship-quartet/
https://splash247.com/shanghai-changshun-firms-up-guoyu-boxship-quartet/China’s Nanjing Tanker has approved plans to order four MR product and chemical tankers at Guangzhou Shipyard International. The Shanghai-listed owner, part of China Merchants Group, has set aside up to $182.8m for the 50,000 dwt quartet, equivalent to a maximum of $45.7m per ship. The vessels will be contracted through wholly owned subsidiary Nanjing …
https://splash247.com/nanjing-tanker-books-four-mrs-at-gsi/
https://splash247.com/nanjing-tanker-books-four-mrs-at-gsi/The disgraced former chairman of DP World, Sultan Ahmed bin Sulayem, has assumed interim leadership of Malaysia’s MMC Port Holdings following the immediate departure of group CEO Azman Shah Mohd Yusof. An internal company memo seen by Reuters states that all matters previously handled by the group CEO will now be referred directly to bin …
https://splash247.com/bin-sulayem-takes-interim-control-at-mmc-ports/
https://splash247.com/bin-sulayem-takes-interim-control-at-mmc-ports/A collision involving a wind turbine installation vessel has brought down a gantry crane onto a containership at the port of Tyne in northeast England, leaving one person injured. The incident occurred shortly after 1pm on Sunday as Cadeler’s Wind Orca was leaving its berth at the port’s offshore wind staging facility. The installation vessel …
https://splash247.com/collision-topples-crane-at-uk-port/
https://splash247.com/collision-topples-crane-at-uk-port/Commercial shipping across the Black Sea has endured one of its most violent weekends of the war, with Russian attacks on foreign-flagged vessels and Ukrainian drone strikes against ships serving Russian trade. The deadliest incident came on Sunday when the Turkish-owned, Guinea-Bissau-flagged Golden Leo was hit by three Russian cruise missiles after sailing from the …
https://splash247.com/black-sea-ships-come-under-deadly-weekend-assault/
https://splash247.com/black-sea-ships-come-under-deadly-weekend-assault/Suspected Somali pirates have hijacked the Tanzanian-flagged tanker Asana off Yemen and taken the vessel towards the northeastern coast of Somalia. The 1992-built chemical tanker was seized on Friday after departing Mukalla, according to the Yemeni Coast Guard and regional security sources. Seven armed pirates are believed to have boarded the ship before assuming control. …
https://splash247.com/somali-pirates-seize-tanker-off-yemen-and-steer-it-towards-puntland/
https://splash247.com/somali-pirates-seize-tanker-off-yemen-and-steer-it-towards-puntland/The threat to commercial shipping in the Strait of Hormuz has intensified after Iran claimed two unidentified oil tankers exploded and were immobilised while attempting to use the waterway’s southern passage. The Islamic Revolutionary Guard Corps said the vessels had entered what it described as an unsafe or mined route under US pressure. It provided …
https://splash247.com/hormuz-transits-fall-sharply-amid-escalating-conflict/
https://splash247.com/hormuz-transits-fall-sharply-amid-escalating-conflict/