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The Trump administration is considering waiving the century-old Jones Act for a limited period to ensure energy and agricultural shipments can move freely between U.S. ports, press secretary Karoline Leavitt said on Thursday, in a bid to combat…
https://www.marinelink.com/news/trump-administration-considers-jones-act-536919
https://www.marinelink.com/news/trump-administration-considers-jones-act-536919The busiest U.S. container seaport in Los Angeles is mostly insulated from supply chain upheaval sparked by U.S.-Israel attacks on Iran that have spiraled into a regional conflict, its executive director Gene Seroka said on Thursday.The Iran war has snarled container shipping in the Middle East…
https://www.marinelink.com/news/los-angeles-largely-insulated-iran-war-536920
https://www.marinelink.com/news/los-angeles-largely-insulated-iran-war-536920According to the latest data from the General Administration of China Customs (GACC), China’s total iron ore imports for January and February 2023 reached 211 million tonnes, with a cumulative value of approximately US$9.89 billion. The average import price across these two months was US$101.3 per tonne, a month-on-month increase of 0.3%. An analysis by ...
https://www.hellenicshippingnews.com/month-declining-to-210mt-china-iron-ore-imports-are-forecast-to-rebound-in-march/The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, advanced for a second session on Thursday, rising about 2.4% to 1,972 points, mainly supported by the bigger-size segment. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, surged by 5.7% to 2,721 points, partly on ...
https://www.hellenicshippingnews.com/baltic-dry-index-up-for-2nd-day/
https://www.hellenicshippingnews.com/baltic-dry-index-up-for-2nd-day/Global seaborne shipments of salt have started 2026 strongly, with rising exports from Egypt pushing cargo volumes to the highest levels seen in years, according to analysis from Ursa Shipbrokers. Data compiled from vessel tracking provider AXSMarine shows around 13.5m tonnes of salt were loaded onto bulkers worldwide in January and February. The figure is …
https://splash247.com/salt-trade-seasoned-with-strong-egyptian-flows/
https://splash247.com/salt-trade-seasoned-with-strong-egyptian-flows/Captain Akee Sharma, CEO and founder at Sailor’s Cart, takes umbrage with president Trump’s call this week for ships to have the “guts” to cross the Strait of Hormuz. I’ve stayed quiet on geopolitics for a long time because in a better part of the world that I live in, the government and people know …
https://splash247.com/respect-the-guts-that-power-global-trade/
https://splash247.com/respect-the-guts-that-power-global-trade/Oslo-listed dry bulk owner Himalaya Shipping has secured a new charter deal for one of its large dual-fuel bulkers as the vessel prepares to roll off its current employment. The company said the 2023-built newcastlemax Mount Matterhorn has been fixed on a charter lasting between 12 and 14 months. The 210,000 dwt vessel is expected …
https://splash247.com/himalaya-shipping-lands-premium-index-linked-charter/
https://splash247.com/himalaya-shipping-lands-premium-index-linked-charter/US-listed Greek bulker owner Seanergy Maritime is stepping up its fleet renewal drive, adding two Japanese capesize newbuildings while offloading an older vessel. The company said it has agreed to acquire a 181,500 dwt scrubber-fitted capesize under construction at a Japanese yard, with delivery expected between the second and third quarters of 2027. In a …
https://splash247.com/greek-capesize-specialist-seanergy-grows-newbuild-programme-to-five-ships/
https://splash247.com/greek-capesize-specialist-seanergy-grows-newbuild-programme-to-five-ships/Oil prices rose sharply on Thursday as Iran stepped up attacks on oil and transport facilities across the Middle East, fuelling concerns of a prolonged conflict and potential disruptions to oil flows through the Strait of Hormuz.Brent futures LCOc1 climbed $5.95…
https://www.marinelink.com/news/oil-prices-go-hormuz-shipping-crisis-536883
https://www.marinelink.com/news/oil-prices-go-hormuz-shipping-crisis-536883Inmarsat Maritime, a Viasat company, is rolling out its NexusWave connectivity service across the fleet of Belgian gas shipping company EXMAR to support ship-to-shore communications and crew connectivity.The deployment targets EXMAR’s growing…
https://www.marinelink.com/news/exmar-deploys-inmarsats-nexuswave-536884
https://www.marinelink.com/news/exmar-deploys-inmarsats-nexuswave-536884