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Today, Thursday, June 19 2025, the Baltic Dry Index decreased by 123 points, reaching 1751 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-falls-to-1751-down-123-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1751-down-123-points/Norwegian energy giant Equinor has contracted offshore seismic vessel player Shearwater Geoservices to perform a 4D towed streamer seismic survey over the Tyrihans field offshore Norway. It is the first project awarded under the Equinor frame agreement, following a recent two-year extension. The one-month Norwegian Sea survey begins in early August. Shearwater will deploy the …
https://splash247.com/equinor-taps-shearwater-for-4d-survey-off-norway/
https://splash247.com/equinor-taps-shearwater-for-4d-survey-off-norway/Norwegian offshore vessel owner DOF has won multiple contracts for the subsea construction vessel (SCV) Skandi Inventor in the Atlantic region. The DP3 construction vessel secured more than 100 days of firm work with undisclosed clients, with additional options available. The 2018-built vessel is equipped with a 400-ton active heave-compensated crane and a large working …
https://splash247.com/dof-subsea-construction-vessel-finds-work-in-atlantic-region/
https://splash247.com/dof-subsea-construction-vessel-finds-work-in-atlantic-region/Teo Teng Seng, an advisor at Pacific International Lines (PIL), has been elected as the new president of the Singapore Shipping Association, succeeding Caroline Yang as head of one of the largest regional shipping bodies in the world. Teo had served as chair of SSA’s digitalisation committee for the past five years. “As our industry …
https://splash247.com/pils-teo-teng-seng-takes-the-reins-at-ssa/
https://splash247.com/pils-teo-teng-seng-takes-the-reins-at-ssa/Ningbo Ocean Shipping Co (NBOSCO) has set out to further expand its containership fleet with an investment in four 4,300 teu newbuildings. The Shanghai-listed subsidiary of Ningbo-Zhoushan Port Group has lined up up to $278m for the quartet, with the shipyard yet to be selected through a bidding process. The move comes hot on the …
https://splash247.com/ningbo-ocean-shipping-ramps-up-fleet-expansion/
https://splash247.com/ningbo-ocean-shipping-ramps-up-fleet-expansion/Poland is removing a stranded Russian product tanker and sending it for demolition in Denmark The 1987-built, 23,000 dwt Khatanga has been stranded in the Port of Gdynia for nearly eight years. It was detained in October 2017 after failing a port state inspection, with its owners, Murmansk Shipping Company, promising repairs that were never …
https://splash247.com/poland-sends-derelict-russian-tanker-for-demolition/
https://splash247.com/poland-sends-derelict-russian-tanker-for-demolition/Greece’s Dynacom Tankers has swelled its suezmax orderbook at China’s New Times Shipbuilding. Newbuilding sources report that George Procopiou’s company has signed up for six more 159,000 dwt vessels, adding to a previously booked pair at the privately owned shipyard in April. The latest sextet will run on conventional fuels, will be equipped with scrubbers …
https://splash247.com/dynacom-bolsters-suezmax-orderbook-in-china/
https://splash247.com/dynacom-bolsters-suezmax-orderbook-in-china/New York-listed VLCC pure-play DHT has confirmed the acquisition of a modern Korean-built tanker. The Svein Moxnes Harfjeld-led company said it will be adding an unnamed 2018 Hyundai Heavy Industries-built vessel in the third quarter of this year. DHT is paying $107m for the scrubber-fitted VLCC, which is expected to improve the company’s fleet age …
https://splash247.com/dht-confirms-vlcc-buy/
https://splash247.com/dht-confirms-vlcc-buy/Seafaring remains one of the world’s most dangerous professions, according to a major new report, which surveyed 147,000 people in many different jobs across the world. According to Lloyd’s Register Foundation’s latest World Risk Poll Focus On report, 25% of ocean workers report having experienced harm from their work in the past two years, compared …
https://splash247.com/seafaring-remains-one-of-the-worlds-most-dangerous-professions/
https://splash247.com/seafaring-remains-one-of-the-worlds-most-dangerous-professions/Japanese shipping major Kawasaki Kisen Kaisha (K Line) has partnered up with Australia’s Provaris Energy to advance compressed hydrogen shipping and offshore storage solutions. The two companies have signed a 12-month memorandum of understanding (MoU) to jointly explore the development, construction, and operation of Provaris’ H2Neo carrier and H2Leo barge. Provaris is currently developing a …
https://splash247.com/k-line-teams-with-provaris-in-hydrogen-carrier-drive/
https://splash247.com/k-line-teams-with-provaris-in-hydrogen-carrier-drive/