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The Baltic Exchange’s dry bulk sea freight index fell on Tuesday, snapping a three-day winning streak due to weaker capesize rates. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, fell 19 points or 1.5% to 1,263. The capesize index shed 74 points or 4.1% to 1,753. Average daily earnings for ...
https://www.hellenicshippingnews.com/baltic-index-snaps-3-day-winning-streak-on-lower-capesize-rates/
https://www.hellenicshippingnews.com/baltic-index-snaps-3-day-winning-streak-on-lower-capesize-rates/Belgian owner Somtrans has been linked to a newbuilding move in the LNG bunker segment. Brokers have named the Wijnegem-headquartered company behind the most recent order for a 20,000 cu m vessel at China’s Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE). The Somers family-run operator of about 25 inland tanker barges should see the …
https://splash247.com/belgiums-somtrans-in-for-lng-bunker-newbuild/
https://splash247.com/belgiums-somtrans-in-for-lng-bunker-newbuild/The Döhle family has increased their stake in Ernst Russ, a leading German non-operating containership owner. Financial filings tracked down by Alphaliner show the family has increased its stake in the company from 54% to 75.3%, after younger members of the family, Jan Döhle and Jost Döhle, increased their share. Their father, Jochen Döhle, retains …
https://splash247.com/dohles-increase-their-shareholding-in-ernst-russ/
https://splash247.com/dohles-increase-their-shareholding-in-ernst-russ/BW Epic Kosan has promoted its chief commercial officer, Jakob Bode, to the position of CEO, taking over from Charles Maltby at the gas owner. Andreas Sohmen-Pao, chairman of the board of BW Epic Kosan, said: “We are very grateful to Charles for his dedication and for the successes under his leadership as executive chairman …
https://splash247.com/bw-epic-kosan-announces-maltby-successor/
https://splash247.com/bw-epic-kosan-announces-maltby-successor/Singapore-based owner Jaldhi Overseas has moved to bolster and renew its chemical tanker fleet with six stainless steel newbuilds from Japan and China. The shipping arm of India’s Bothra Group has contracted Asakawa Shipbuilding for two 26,000 dwt stainless steel chemical carriers and one 20,000 dwt unit at Fukuoka Shipbuilding. The vessels delivering in 2027 …
https://splash247.com/jaldhi-overseas-moves-for-chemical-tanker-newbuilds/
https://splash247.com/jaldhi-overseas-moves-for-chemical-tanker-newbuilds/With delegate passes selling at a rapid clip, and overall participation already up by 26.67% over last year’s inaugural edition, the organisers of Geneva Dry are warning that the event is set to be sold out in the coming days. There are less than 20 tickets left for sale. This year’s biggest dedicated dry bulk …
https://splash247.com/final-geneva-dry-tickets-for-sale/
https://splash247.com/final-geneva-dry-tickets-for-sale/The ICC International Maritime Bureau (IMB) has revealed a rise in global piracy and armed robbery incidents in the first quarter of 2025 – driven by a spike of incidents in the Singapore Strait. A total of 45 cases of piracy and armed robbery against ships were recorded in the first three months of 2025 …
https://splash247.com/pronounced-spike-in-low-level-crimes-in-the-singapore-strait/
https://splash247.com/pronounced-spike-in-low-level-crimes-in-the-singapore-strait/With Donald Trump widely tipped to pass judgement on extra fees for Chinese-linked tonnage calling at US ports in the next couple of days, another wrinkle has emerged that has not been widely discussed in Washington to date. Trump’s tariff war against China late last week backtracked as his administration took on advice from the …
https://splash247.com/japanese-and-korean-yards-with-investments-in-china-on-edge/
https://splash247.com/japanese-and-korean-yards-with-investments-in-china-on-edge/Norwegian shipping investor Blystad Group has seen its platform supply vessel secure employment for up to six months in UK waters. The 2010-built Songa Commander, commercially and technically managed by Remøy Shipping, has been fixed to Shell for three months firm at an undisclosed dayrate. Offshore brokers report the contract, which starts in April, comes …
https://splash247.com/blystad-psv-scores-shell-fixture/
https://splash247.com/blystad-psv-scores-shell-fixture/Dutch shipping group Vertom and Norway’s Strand Shipping have landed a 15-year charter deal with aquaculture feeds producer Skretting for four diesel-electric newbuilds. The vessels that will be deployed for the import of raw materials have been designed to reduce the environmental footprint of Skretting’s supply chain. The newly designed units feature energy-efficient hulls and …
https://splash247.com/vertom-seals-15-year-deal-for-newbuild-quartet/
https://splash247.com/vertom-seals-15-year-deal-for-newbuild-quartet/