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Today, Tuesday, October 21 2025, the Baltic Dry Index climbed by 23 points, reaching 2094 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-climbs-to-2094-up-23-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2094-up-23-points/Today, Wednesday, October 22 2025, the Baltic Dry Index decreased by 02 points, reaching 2092 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-2092-down-02-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2092-down-02-points/After rejecting Maersk Offshore Wind’s notice of termination of a contract for the construction of a near-complete wind turbine installation vessel, Singapore shipyard group Seatrium was hit with a notice of arbitration. Seatrium received the notice of termination for the $475m contract on October 9. Upon completion, the 98.9% completed vessel was set to be …
https://splash247.com/maersk-offshore-wind-takes-seatrium-to-arbirtration-over-475m-contract-row/
https://splash247.com/maersk-offshore-wind-takes-seatrium-to-arbirtration-over-475m-contract-row/CNOOC subsidiary, China Offshore Oil Engineering Co (COOEC), has signed an EPC contract for work on QatarEnergy’s Bul Hanine offshore oil field. The project contract is valued at around $4bn (RMB 28.5bn) and will take effect from October 2025. The scheduled completion date is set for June 2031. The project scope includes the design, procurement, …
https://splash247.com/cooec-pens-massive-4bn-epc-contract-with-qatarenergy/
https://splash247.com/cooec-pens-massive-4bn-epc-contract-with-qatarenergy/The shipping industry risks undermining its own future if it continues to overlook those who keep it moving, argue Mikael Skov of Hafnia and Meei Wong of Circle DV, co-chairs of the All Aboard Alliance, as they urge stronger action to improve life at sea. Every day, close to two million seafarers keep the world …
https://splash247.com/why-the-shipping-industry-cant-afford-to-fail-its-people/
https://splash247.com/why-the-shipping-industry-cant-afford-to-fail-its-people/AD Ports Group’s Safeen Feeders has moved into the VLCC segment, picking up two elderly tankers from Elizabeth Ocean Ventures, which has pocketed a tidy profit on the double flip. Brokers tell Splash that the shy Marshall Islands-registered entity, Elizabeth Ocean Ventures, a Dubai-linked investment vehicle, has first sold a 21-year-old VLCC to Safeen Feeders. …
https://splash247.com/ad-ports-picks-up-tanker-pair/
https://splash247.com/ad-ports-picks-up-tanker-pair/BIMCO has begun work on a new standard clause to address recently announced port fees imposed by China on ships linked to the US. The world’s largest shipping association said the clause will provide legal and commercial clarity following Beijing’s decision to levy “Special Port Fees” on vessels that are US-built, US-flagged, or owned or …
https://splash247.com/bimco-moves-to-draft-clause-on-new-chinese-port-fees/
https://splash247.com/bimco-moves-to-draft-clause-on-new-chinese-port-fees/Greek owner Alberta Shipmanagement has made its first move into the containership sector, joining a growing number of traditional tanker and bulker players diversifying their fleets. Industry databases show the Athens-based company has ordered two 1,930 teu vessels at CSSC Guangzhou Huangpu Wenchong Shipbuilding, with deliveries set for 2028. The deal reportedly includes options for …
https://splash247.com/alberta-shipmanagement-makes-boxship-debut-with-chinese-newbuild-order/
https://splash247.com/alberta-shipmanagement-makes-boxship-debut-with-chinese-newbuild-order/Two Greek shipowners have placed fresh orders in China as Hengli Heavy Industries continues to build its orderbook with European tonnage. The Dalian-based shipyard confirmed contracts for five bulk carriers worth around $211m from US-listed Seanergy Maritime and Eastern Mediterranean Maritime (Eastmed). Seanergy, led by chief executive Stamatis Tsantanis, has signed its first-ever shipbuilding contract, …
https://splash247.com/greek-owners-eastmed-and-seanergy-turn-to-chinas-hengli-for-bulker-newbuilds/
https://splash247.com/greek-owners-eastmed-and-seanergy-turn-to-chinas-hengli-for-bulker-newbuilds/2026 will be the year autonomy takes off in cargo shipping, specifically with regards to propulsion automation, followed by full navigation automation in the forthcoming years, predicts Konstantinos Kyriakopoulos, CEO and co-founder of DeepSea, one of maritime’s best-known AI brands. A number of leading ship operators have been quietly working with DeepSea on this project for …
https://splash247.com/deepsea-the-autonomy-age-is-here/
https://splash247.com/deepsea-the-autonomy-age-is-here/