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Piraeus and New York-based owner SteelShips has signed up for a fresh pair of medium-range product tanker newbuilds in South Korea. Shipbuilding sources report the Nicholas Notias-led outfit has returned to its go-to yard, K Shipbuilding, for two more 50,000 dwt units with delivery expected in 2027. No price has been revealed for the newbuilds, …
https://splash247.com/steelships-back-for-more-k-shipbuilding-product-tankers/
https://splash247.com/steelships-back-for-more-k-shipbuilding-product-tankers/US president Donald Trump has called for free passage of American ships through two of the vital shipping waterways, the Panama and Suez canals. Trump said in a social media post on Saturday that American ships, both military and commercial, should be allowed to travel, free of charge, through the two canals, adding that the …
https://splash247.com/trump-calls-for-free-passage-of-american-ships-through-suez-and-panama-canals/
https://splash247.com/trump-calls-for-free-passage-of-american-ships-through-suez-and-panama-canals/Today, Wednesday, April 23 2025, the Baltic Dry Index climbed by 39 points, reaching 1300 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-1300-up-39-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1300-up-39-points/Today, Thursday, April 24 2025, the Baltic Dry Index climbed by 53 points, reaching 1353 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-1353-up-53-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1353-up-53-points/Today, Friday, April 25 2025, the Baltic Dry Index climbed by 20 points, reaching 1373 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-1373-up-20-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1373-up-20-points/Japan is considering increasing its soybean imports from the United States as part of tariff negotiations, the Nikkei reported. Japan, whose soybean imports are handled by the private sector, could ask companies to boost trade with the United States amid the latter’s trade war with China, the report said. About half of U.S. soybean exports ...
https://www.hellenicshippingnews.com/japan-considers-increasing-us-soybean-imports-in-tariff-talks-nikkei-reports/Global demand for metallurgical (met) coal is expected to fall as low emissions steel production gains pace, according to the latest Resources and Energy Quarterly (REQ) forecast from the Department of Industry, Science and Resources (DISR). However, DISR remains bullish on Australian met coal export growth, despite a history of overestimating expected export volumes. DISR ...
https://www.hellenicshippingnews.com/australian-coal-exports-face-numerous-downside-risks-new-projections-show/Through our dry bulk flow tool, we have identified changing trends in iron ore flows from Indian ports. Growing domestic demand from the steel industry and weaker demand from China have led to less iron ore leaving Indian ports so far in 2025. Fully utilizing the dry bulk flows feature enables maritime professionals to spot, ...
https://www.hellenicshippingnews.com/indian-iron-ore-exports-face-downward-pressure/
https://www.hellenicshippingnews.com/indian-iron-ore-exports-face-downward-pressure/Capesize The Capesize market showed a clear upward trajectory this week following a subdued start due to the Easter holidays. The BCI 5TC rose steadily, closing the week at $15,667, up from $13,774 on Tuesday. In the Pacific, sentiment improved significantly midweek as C5 rates climbed from early lows, supported by growing cargo volumes and ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-march-to-higher-ground/
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-march-to-higher-ground/A massive explosion killed at least 18 people and left around 800 others injured near Iran’s biggest port, Bandar Abbas. The blast, which took place at Shahid Rajaee terminal on Saturday morning, damaged multiple buildings in the area and caused additional fires. Aerial footage showed at least three areas ablaze, with schools and offices in …
https://splash247.com/iran-port-blast-kills-at-least-18-and-injures-hundreds/
https://splash247.com/iran-port-blast-kills-at-least-18-and-injures-hundreds/