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Greek tanker owner Pleiades Shipping has ordered two MR tankers at China’s Guangzhou Shipyard International (GSI). The Kifisia-based company has signed up for a pair of 50,000 dwt vessels, with deliveries expected in the fourth quarter of 2028. Financial details have not been disclosed, although brokers currently place MR tanker newbuilding prices at between $48m …
https://splash247.com/greek-owner-pleiades-returns-to-china-for-mr-tanker-order/
https://splash247.com/greek-owner-pleiades-returns-to-china-for-mr-tanker-order/South Korea’s Heung-A Shipping has returned to the newbuilding market, ordering up to six stainless steel chemical tankers in China. The Korean owner has signed for three firm 26,000 dwt vessels plus options for three more in a deal valued at about $280m. The vessels will be built at Wuchang Shipbuilding, marking the company’s first …
https://splash247.com/south-koreas-heung-a-books-up-to-six-chemical-tankers-in-china/
https://splash247.com/south-koreas-heung-a-books-up-to-six-chemical-tankers-in-china/French liner giant CMA CGM has been linked to a fresh containership order at China’s Hengli Heavy Industries, further extending what is already the industry’s largest orderbook. Shipbroking sources said the Marseille-based carrier has signed up for eight 6,000 teu newbuilds at the rapidly growing Chinese yard. The vessels form part of a larger package …
https://splash247.com/cma-cgm-linked-to-fresh-boxship-series-at-hengli/
https://splash247.com/cma-cgm-linked-to-fresh-boxship-series-at-hengli/Capesize The market closed the week on a softer footing, with the BCI 182 5TC easing from just under $50,000 at the start of the week to $44,374, reflecting a clear loss of momentum as the week progressed. Trading conditions were characterised by persistently thin liquidity, disrupted participation due to Posidonia, and generally subdued miner ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-softening/
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-softening/A small containership trading between Singapore and Malaysia has sunk off the Indonesian island of Batam after reportedly taking on water, prompting navigation warnings for ships transiting one of the world’s busiest shipping corridors. The 1995-built Golden Star 1, a Tanzania-flagged container and general cargo vessel operated by Pancon Shipping and Marine, went down about …
https://splash247.com/boxship-goes-down-off-batam/
https://splash247.com/boxship-goes-down-off-batam/A maritime drone self-detonated on Friday in Romania's Black Sea port of Constanta near an oil terminal, without causing casualties, as Ukraine accused Russia of jamming one of its vessels before it drifted into Romanian waters.The explosion…
https://www.marinelink.com/news/maritime-drone-selfdetonates-constanta-540008
https://www.marinelink.com/news/maritime-drone-selfdetonates-constanta-540008Finnish police investigating last year's damage to two subsea telecommunication cables in the Baltic Sea said on Friday that four people are suspected of a crime, and that prosecutors will decide on any charges.Finland seized the Fitburg cargo ship on December 31 while en route from Russia to Israel
https://www.marinelink.com/news/finnish-police-suspect-four-people-subsea-540009
https://www.marinelink.com/news/finnish-police-suspect-four-people-subsea-540009The United States Merchant Marine Academy (USMMA) announced that U.S. Secretary of the Army Daniel Driscoll will deliver the 90th commencement address at USMMA for the Class of 2026 on Monday, June 22.“We are excited to welcome Secretary Driscoll to Kings Point.
https://www.marinelink.com/news/us-merchant-marine-academy-names-us-540011
https://www.marinelink.com/news/us-merchant-marine-academy-names-us-540011The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, fell for the sixth consecutive session on Friday, down 1.8% to the lowest since May 21 at 2,981 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, declined by 2.9% to 4,893 points; and ...
https://www.hellenicshippingnews.com/baltic-dry-index-eases-for-6th-day/
https://www.hellenicshippingnews.com/baltic-dry-index-eases-for-6th-day/Seaborne coal exports from Indonesia have been falling so far in 2026. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Apr 2026, global seaborne coal loadings declined by -0.1% y-o-y to 410.7 mln t (excluding cabotage), based on vessel tracking data from AXS Marine. In Jan-Apr 2026, exports from Indonesia declined by ...
https://www.hellenicshippingnews.com/dry-bulk-market-indonesian-coal-exports-retreating/
https://www.hellenicshippingnews.com/dry-bulk-market-indonesian-coal-exports-retreating/