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Norwegian shipbuilder Ulstein Verft has launched first of the two offshore wind commissioning service operation vessels (CSOVs) under construction at its yard for J.P. Morgan.On January 2, Ulstein Verft towed the CSOV yard number 322 from the dock hall to the outer dock…
https://www.marinelink.com/news/ulstein-verft-launches-first-two-jp-534208
https://www.marinelink.com/news/ulstein-verft-launches-first-two-jp-534208The Port Authority of New South Wales (NSW) has assisted Fire and Rescue NSW in containing and extinguishing a fire that destroyed and sank three vessels and caused significant damage to a fourth at Spit Bridge Marina in Mosman, Australia.The authority deployed four vessels to the site…
https://www.marinelink.com/news/port-authority-nsw-assists-fire-response-534214
https://www.marinelink.com/news/port-authority-nsw-assists-fire-response-534214The Rio Tinto marine team ia a leading charterer, chartering and operating a fleet of more than 230 ships to transport over 300 million tonnes of product every year. Glencore shares rose by 10% on Friday following news it is in talks with Rio…
https://www.marinelink.com/news/rio-tinto-floats-glencore-merger-534220
https://www.marinelink.com/news/rio-tinto-floats-glencore-merger-534220China’s state stockpiler Sinograin bought 10 U.S. soybean cargoes this week, three traders told Reuters on Tuesday, as the world’s top buyer continues purchasing from the United States following a late October trade truce. The cargoes, totalling around 600,000 metric tons, are for shipment between March and May, the traders said, which is the peak ...
https://www.hellenicshippingnews.com/china-buys-more-us-soybeans-total-purchases-approach-10-million-tons/Today, Friday, January 09 2026, the Baltic Dry Index decreased by 30 points, reaching 1688 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-1688-down-30-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1688-down-30-points/Turkey’s state-owned energy company, Turkish Petroleum (TPAO), has signed a memorandum of understanding with a subsidiary of US supermajor ExxonMobil for collaboration on oil and natural gas exploration in the Black Sea and Mediterranean regions. Turkey’s energy and natural resources minister, Alparslan Bayraktar, said the country looks to combine its technical expertise in deepwater exploration …
https://splash247.com/turkey-expands-offshore-push-as-tpao-signs-exploration-pact-with-exxonmobil/
https://splash247.com/turkey-expands-offshore-push-as-tpao-signs-exploration-pact-with-exxonmobil/Alex Ledovas gives his take on what we can expect in the coming 12 months. Freight markets have always been driven by fragmented information. Rates, vessel supply, cargo demand and congestion rarely exist in one structured dataset, while some of the most valuable commercial intelligence still lives in emails and informal conversations across platforms such …
https://splash247.com/shipping-technology-and-dry-bulk-in-2026/
https://splash247.com/shipping-technology-and-dry-bulk-in-2026/Singapore-based Greta Shipping has taken its first step into vessel ownership, snapping up the 3,534 teu Rio Kobe in a deal reported at around $30m, according to Alphaliner. The 2009-built ship is currently controlled by Marlow Navigation and is on charter to Maersk until early 2028, Alphaliner data shows, giving the buyer long-term earnings visibility …
https://splash247.com/greta-shipping-buys-first-boxship/
https://splash247.com/greta-shipping-buys-first-boxship/One of the best known names in ship finance is stepping aside.ING has confirmed that Stephen Fewster will leave the bank at the end of the second quarter of 2026 after more than four decades in banking and 23 years shaping ING’s maritime franchise. Fewster will remain involved during a transition period as executive chair …
https://splash247.com/ings-stephen-fewster-steps-aside/
https://splash247.com/ings-stephen-fewster-steps-aside/China’s COSCO is strengthening its foothold in northern Europe, tabling a bid to take an 80% stake in German stevedore and logistics operator Zippel in Hamburg. Zippel, known for its multipurpose cargo handling and barge services in Hamburg’s port ecosystem, gives COSCO enhanced local handling capability and greater flexibility in combined sea-inland transport flows. COSCO …
https://splash247.com/cosco-moves-to-acquire-hamburg-stevedore/
https://splash247.com/cosco-moves-to-acquire-hamburg-stevedore/