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Today, Thursday, June 11 2026, the Baltic Dry Index decreased by 42 points, reaching 2729 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-2729-down-42-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2729-down-42-points/Oslo-listed seismic data specialist TGS has been awarded a streamer acquisition contract in the Africa and Middle East region. A 3D Ramform vessel is scheduled to commence acquisition in early September 2026, with a contract duration of approximately 55 days. “Our Ramform acquisition platform, combined with the proprietary GeoStreamer technology, will provide the client with …
https://splash247.com/tgs-lands-new-seismic-survey-contract-in-africa-and-middle-east/
https://splash247.com/tgs-lands-new-seismic-survey-contract-in-africa-and-middle-east/Norwegian offshore seismic vessel player Shearwater Geoservices has been awarded a distributed acoustic sensing (DAS) seismic program by ExxonMobil in the Stabroek Block, offshore Guyana. The two-month scope of work comprises source-only seismic acquisition in support of a baseline DAS reservoir surveillance survey over the Yellowtail development area. Shearwater has deployed the SW Empress in …
https://splash247.com/shearwater-wins-exxonmobil-seismic-survey-work-offshore-guyana/
https://splash247.com/shearwater-wins-exxonmobil-seismic-survey-work-offshore-guyana/Kazakhstan-based offshore marine service provider Caspian Offshore Construction (COC) has acquired an anchor handling tug supply (AHTS) vessel from Sinopacific Engineering & Contracting (SPEC), marking the first vessel in the SPA90 series to join the company’s fleet. The vessel, named Caspian Yili, is under construction at Siying Shipyard. The SPA90 design features 90 tonnes of …
https://splash247.com/caspian-offshore-construction-expands-fleet-with-newbuild-ahts/
https://splash247.com/caspian-offshore-construction-expands-fleet-with-newbuild-ahts/Governments across the world should expedite the development and construction of offshore wind farms to help shield their economies from the impacts of future energy crises, according to a new report from the Global Wind Energy Council (GWEC). GWEC’s 2026 Global Offshore Wind Report set out an eight-point action plan for policymakers to ensure offshore …
https://splash247.com/global-offshore-wind-capacity-on-track-to-quadruple-by-2035/
https://splash247.com/global-offshore-wind-capacity-on-track-to-quadruple-by-2035/Niklas Weidmann, managing director of Tilla, writes for Splash today with handy, big picture advice on how to cut crew travel costs. A vessel schedule shifts. Singapore on the 18th is now Singapore on the 22nd. The crew operator in Hamburg opens their email. The flight is wrong. The port logistics are wrong. The manning …
https://splash247.com/your-crew-travel-budget-is-lying-to-you/
https://splash247.com/your-crew-travel-budget-is-lying-to-you/BIMCO is developing a standard contractual clause for tanker sale and purchase agreements in response to new European Union sanctions requirements targeting potential Russian involvement in tanker trades. The shipping association said it has launched work on a Russia Tanker Resale Restrictions Clause for memoranda of agreement (MoAs) following the EU’s 20th sanctions package, adopted …
https://splash247.com/bimco-drafts-standard-clause-for-russia-linked-tanker-sale-restrictions/
https://splash247.com/bimco-drafts-standard-clause-for-russia-linked-tanker-sale-restrictions/Maritime engineering and shipbuilding group Balaena has acquired APCL Group, bringing some of the UK’s best-known ship repair and shipbuilding facilities under its control as consolidation continues ahead of anticipated growth in British naval and commercial maritime investment. The deal adds A&P Tyne, Cammell Laird in Birkenhead, A&P Falmouth and Falmouth Docks and Engineering Company …
https://splash247.com/balaena-acquires-apcl-yards-in-uk-shipbuilding-expansion/
https://splash247.com/balaena-acquires-apcl-yards-in-uk-shipbuilding-expansion/China has begun construction of a massive new ship lock system at the Three Gorges Dam that will nearly double cargo capacity at the giant waterworks, easing growing congestion at one of the world’s busiest inland shipping corridors. The project, valued at CNY77.2bn ($11.4bn), will add a new five-stage lock system alongside the existing Three …
https://splash247.com/china-starts-work-on-11-4bn-three-gorges-expansion/
https://splash247.com/china-starts-work-on-11-4bn-three-gorges-expansion/Hong Kong is set to introduce fresh tax incentives for shipping-related businesses and commodity traders as it seeks to strengthen its position as a global maritime and commodities hub. A key feature of the new legislation is a half-rate profits tax concession for physical commodity trading. Eligible traders will pay profits tax at 8.25%, a …
https://splash247.com/hong-kong-unveils-new-tax-breaks-to-lure-commodity-traders-and-shipping-firms/
https://splash247.com/hong-kong-unveils-new-tax-breaks-to-lure-commodity-traders-and-shipping-firms/