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The dry bulk market for Kamsarmax and Panamax bulkers is finding significant boost in the Brazilian soybean export trade. In its latest weekly report, shipbroker Intermodal said that “Brazilian soybean exports to China have recovered from the March inspection disruption, but the episode has left more scrutiny around Panamax and Kamsarmax fixtures. Cargo quality, certificate ...
https://www.hellenicshippingnews.com/smaller-bulkers-finding-support-in-the-soybean-trades/
https://www.hellenicshippingnews.com/smaller-bulkers-finding-support-in-the-soybean-trades/Congestion is building at the Panama Canal just as authorities prepare for maintenance works next month that are expected to further reduce transit capacity, raising fresh concerns over delays and soaring freight costs across multiple shipping sectors. The Panama Canal Authority has scheduled dry chamber maintenance on the east lane of the Gatun Locks between …
https://splash247.com/panama-canal-congestion-fears-grow-ahead-of-june-lock-maintenance/
https://splash247.com/panama-canal-congestion-fears-grow-ahead-of-june-lock-maintenance/The two largest shareholders in Golden Energy Offshore Services have launched a strategic review that could pave the way for a sale of their holdings or other transactions involving the Oslo-listed offshore vessel owner. Clear Ocean Partners and Pelagic Partners said they are reviewing a broad range of alternatives tied to their investment in the …
https://splash247.com/pelagic-and-clear-ocean-open-door-to-golden-energy-offshore-deal-options/
https://splash247.com/pelagic-and-clear-ocean-open-door-to-golden-energy-offshore-deal-options/Dutch dredging contractor and marine services provider Boskalis has ordered a new high-capacity cable laying vessel (CLV). The vessel will be built to meet the growing demand for long-distance cable installation in the interconnector and offshore wind markets, particularly for high-voltage direct current cables. The vessel is expected to enter service in 2029. The CLV …
https://splash247.com/boskalis-strengthens-cable-installation-arsenal-with-new-clv-order/
https://splash247.com/boskalis-strengthens-cable-installation-arsenal-with-new-clv-order/Norway’s Hunter Group says an ongoing dispute with a long-term charterer has deepened after the counterparty again paid well below the contracted amount for two VLCCs. The Oslo-listed company revealed that the unnamed counterparty underpaid April charter hire by about $9.22m, following a similar shortfall reported for March. Hunter Group said the latest development increases …
https://splash247.com/hunter-group-faces-mounting-vlcc-payment-dispute/
https://splash247.com/hunter-group-faces-mounting-vlcc-payment-dispute/Greek dry bulk owner Diana Shipping has warned that shares in rival Genco Shipping & Trading could fall to around $17.50 if its $23.50-per-share takeover proposal is removed from the table. Athens-based Diana, currently Genco’s largest shareholder, said the US-listed bulker owner’s stock price is being artificially supported by its all-cash offer and does not …
https://splash247.com/diana-warns-genco-shares-could-slide-if-takeover-bid-collapses/
https://splash247.com/diana-warns-genco-shares-could-slide-if-takeover-bid-collapses/Norway said on Monday it has joined the European Union's Strategy for the Baltic Sea Region (EUSBSR), which aims to coordinate work around common challenges, including security aspects.Norway, a non-EU country, will join existing members Sweden, Denmark, Estonia, Finland, Germany, Latvia, Lithuania
https://www.marinelink.com/news/norway-signs-eu-baltic-sea-cooperation-539286
https://www.marinelink.com/news/norway-signs-eu-baltic-sea-cooperation-539286Russian drones hit two ships in the Black Sea approaching ports in Ukraine's Odesa region on Monday, including a Chinese-owned cargo vessel, Ukrainian authorities said, after a night of Russian attacks on the area.Ukraine's seaports authority said that the strikes had hit two civilian vessels…
https://www.marinelink.com/news/russian-drones-strike-two-ships-off-539287
https://www.marinelink.com/news/russian-drones-strike-two-ships-off-539287Dutch offshore services provider Boskalis has decided to invest in a new high-capacity cable laying vessel (CLV) to support growing demand in the offshore wind and interconnector markets.The vessel, expected to enter service in 2029, will target long-distance cable installation projects…
https://www.marinelink.com/news/boskalis-orders-highcapacity-clv-offshore-539292
https://www.marinelink.com/news/boskalis-orders-highcapacity-clv-offshore-539292Norwegian shipbuilder Ulstein Verft has delivered Nexans Electra, a DP3 cable‑laying vessel (CLV), to Nexans, strengthening its capacity to install advanced subsea power and communication cable systems.The CLV Nexans Electra is a sister vessel to the CLV Nexans Aurora…
https://www.marinelink.com/news/ulstein-delivers-cable-layer-newbuild-539294
https://www.marinelink.com/news/ulstein-delivers-cable-layer-newbuild-539294