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Capesize The market delivered a strong performance over much of the week, with sentiment and rates firming across both basins before a late-week correction tempered the rally. Early in the week, robust miner participation, healthy cargo volumes and tightening tonnage lists underpinned a steady rise in Pacific rates. C5 steadily climbed into the mid-to-high $8.00s. ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesizes-bounce-back-strongly/
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesizes-bounce-back-strongly/The MV Isle of Islay began her maiden voyage from Cemre shipyard in Turkey back to Scotland last night.Following her official handover to owners Caledonian Maritime Assets Ltd. (CMAL) last week, a crew from CalMac is now onboard and will sail her back to Scotland.
https://www.marinelink.com/news/mv-isle-islay-begins-maiden-voyage-534801
https://www.marinelink.com/news/mv-isle-islay-begins-maiden-voyage-534801The French navy has diverted the "GRINCH" oil tanker it detained on Thursday towards the port of Marseille-Fos for further investigation, a source close to the investigation told Reuters on Friday.The navy had intercepted the tanker, which had left Murmansk in early January…
https://www.marinelink.com/news/french-navy-diverts-russian-oil-grinch-534805
https://www.marinelink.com/news/french-navy-diverts-russian-oil-grinch-534805European governments including Germany, Britain and Denmark will reinforce their plans to massively expand wind power projects on Monday, despite U.S. President Donald Trump stepping up criticism of their green energy agenda, a draft declaration…
https://www.marinelink.com/news/european-governments-commit-wind-energy-534807
https://www.marinelink.com/news/european-governments-commit-wind-energy-534807The United States on Friday imposed sanctions on nine vessels of what is known as the shadow fleet and eight related firms, the U.S. Treasury Department said, as the Trump administration sought to escalate pressure on Iran over the recent killing…
https://www.marinelink.com/news/us-sanctions-irans-shadow-vesels-534808
https://www.marinelink.com/news/us-sanctions-irans-shadow-vesels-534808SLX Group Ltd has announced the acquisition of Clements Engineering (St Neots) Limited, the Bedfordshire-based specialist in marine propellers, marine shafts, sterntube assemblies and ancillary equipment for small-to-medium-sized leisure and…
https://www.marinelink.com/news/slx-group-strengthens-acquires-clements-534810
https://www.marinelink.com/news/slx-group-strengthens-acquires-clements-534810The U.S. Coast Guard Cutter Polar Star (WAGB 10) began icebreaking operations in the Southern Ocean in support of Operation Deep Freeze 2026 and marked its 50th year of commissioned service Saturday by freeing and escorting a cruise ship trapped…
https://www.marinelink.com/news/us-coast-guard-cutter-polar-star-534814
https://www.marinelink.com/news/us-coast-guard-cutter-polar-star-534814Frontline plc (NYSE and OSE: FRO) entered into one-year time charter-out agreements for seven of its VLCCs. The charters will commence during the period from late-January to April 2026 at a rate of $76,900 per day per vessel.“We are in unprecedented times…
https://www.marinelink.com/news/vlcc-charter-rates-soar-unprecedented-534815
https://www.marinelink.com/news/vlcc-charter-rates-soar-unprecedented-534815The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, edged up 0.1% to 1,762 points on Friday, after decreasing by more than 2% in the prior day. The smaller supramax index added 7 points to 1,026 points, supporting the main index. Meanwhile, the capesize index, which typically transports 150,000-ton cargoes ...
https://www.hellenicshippingnews.com/baltic-dry-index-ticks-up-books-weekly-gain/
https://www.hellenicshippingnews.com/baltic-dry-index-ticks-up-books-weekly-gain/Search and rescue operations are continuing in the South China Sea after the Singapore-registered bulk carrier Devon Bay capsized and sank while en route to China. The Maritime and Port Authority of Singapore (MPA) said it was informed on January 23 that the 2013-built bulker had gone down while sailing towards Yangjiang. The crew had …
https://splash247.com/two-dead-four-missing-after-bulker-sinks-in-south-china-sea/
https://splash247.com/two-dead-four-missing-after-bulker-sinks-in-south-china-sea/