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Swiss shipping giant MSC Group has secured a 45-year concession to develop a new container terminal at Snake Island Port in Lagos as part of a broader push to expand infrastructure in West Africa. The deal was signed with Nigerian maritime and logistics company Nigerdock, while the engineering, procurement and construction contract has been awarded …
https://splash247.com/msc-strikes-45-year-deal-for-nigerian-box-terminal/
https://splash247.com/msc-strikes-45-year-deal-for-nigerian-box-terminal/Today, Tuesday, March 10 2026, the Baltic Dry Index climbed by 7 points, reaching 1926 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-1926-up-7-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1926-up-7-points/The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, rose about 0.4% to 1,926 points on Wednesday, following a 7.1% decline in the prior day, supported by the larger segment. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, rose by 2.9% to 2,574 points, ...
https://www.hellenicshippingnews.com/baltic-dry-index-edges-up/
https://www.hellenicshippingnews.com/baltic-dry-index-edges-up/Japan’s Mitsui OSK Lines (MOL) has taken a minority stake in V.Ships France while expanding a long-running partnership covering LNG vessels. The Tokyo-based shipping giant said it has acquired a 25% shareholding in the Nantes-based shipmanager through its subsidiary MOL Euro Energie. Parent company V.Group will retain the remaining 75%. Financial terms have not been …
https://splash247.com/mol-buys-into-v-ships-france/
https://splash247.com/mol-buys-into-v-ships-france/Ships willing to enter the danger zone continue to be struck in and around the Hormuz Strait on day 12 of the conflict between Iran and the US/Israeli coalition. The most severe attack today was against the Precious Shipping-controlled, Thai-flagged Mayuree Naree, which was struck by a projectile north of Oman in the strait, resulting …
https://splash247.com/multiple-ships-hit-on-day-12-of-iran-war/
https://splash247.com/multiple-ships-hit-on-day-12-of-iran-war/Swedish offshore vessel owner Viking Supply Ships has agreed to acquire a 2019-built anchor-handling tug supply vessel as it continues to expand its fleet of ice-class offshore ships. The Nasdaq Stockholm-listed company signed an agreement to buy the Maersk Maker from Christen Sveaas’ investment firm Kistefos, which had previously agreed to acquire the ship from …
https://splash247.com/viking-supply-ships-adds-modern-ahts-in-deal-with-kistefos/
https://splash247.com/viking-supply-ships-adds-modern-ahts-in-deal-with-kistefos/Italian product tanker owner d’Amico International Shipping has secured $83m in new financing tied to six vessels in its fleet as it moves to refinance existing debt and extend maturities. The Milan- and OTCQX-listed company said its operating subsidiary, d’Amico Tankers, has entered into several new loan facilities linked to the ships. Margins on the …
https://splash247.com/damico-refinances-six-tankers-with-83m-loan-package/
https://splash247.com/damico-refinances-six-tankers-with-83m-loan-package/US-listed dry bulk owner Pangaea Logistics Solutions has agreed to sell one of the oldest ships in its fleet as part of its ongoing renewal strategy. The Rhode Island-based company said in its quarterly earnings report it had penned a deal to dispose of the 2006-built panamax Bulk Xaymaca for $9.6m. Delivery to the unnamed …
https://splash247.com/pangaea-offloads-ageing-bulker/
https://splash247.com/pangaea-offloads-ageing-bulker/The economic risks of the world’s heavy dependence on oil and gas have been laid bare twice in four years - first with Russia’s invasion of Ukraine and now with the U.S.-Israeli war on Iran - undermining U.S. President Donald Trump’s flagship…
https://www.marinelink.com/news/iran-war-exposes-risks-fossil-fuel-536819
https://www.marinelink.com/news/iran-war-exposes-risks-fossil-fuel-536819Three vessels have been hit by unknown projectiles in the Strait of Hormuz, maritime security agencies and sources said on Wednesday, as one of the strikes led to a fire onboard a ship and forced most of its crew to evacuate it.The Thailand…
https://www.marinelink.com/news/projectiles-strike-three-vessels-strait-536820
https://www.marinelink.com/news/projectiles-strike-three-vessels-strait-536820