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VLGC owner BW LPG has agreed to sell one of the older ships in its Indian venture as part of its ongoing fleet renewal programme. The New York- and Oslo-listed unit of Singapore’s BW Group said its 52%-owned subsidiary, BW LPG India, has signed a deal to offload the 2008-built BW Lord for continued trading. …
https://splash247.com/bw-lpg-india-cashes-in-on-ageing-vlgc/
https://splash247.com/bw-lpg-india-cashes-in-on-ageing-vlgc/Swedish shipowner Wallenius Lines has added two vessels to its fleet from Norwegian car carrier operator Wallenius Wilhelmsen. The Erik Nøklebye-led outfit has acquired the 1995-built 5,846 ceu Don Juan and Turandot for an undisclosed sum. The move is aimed at strengthening Sweden’s maritime expertise while increasing the availability of tonnage that can support society …
https://splash247.com/wallenius-lines-adds-car-carrier-brace/
https://splash247.com/wallenius-lines-adds-car-carrier-brace/The United States is seeking a regime change in his country with a naval deployment in the Caribbean, Venezuelan President Nicolas Maduro said on Monday in a rare press conference.Tensions between the United States and Venezuela have risen in recent weeks amid a large U.S.
https://www.marinelink.com/news/venezuelas-maduro-says-us-seeking-regime-529493
https://www.marinelink.com/news/venezuelas-maduro-says-us-seeking-regime-529493European Union countries are considering a 10-year delay to the introduction of EU-wide taxes on aviation and shipping fuels as they seek to push long-delayed energy tax reforms over the line, a draft document seen by Reuters showed.The European…
https://www.marinelink.com/news/eu-mulls-year-tax-holiday-shipping-fuels-529494
https://www.marinelink.com/news/eu-mulls-year-tax-holiday-shipping-fuels-529494Yemen's Houthis said on Monday they launched a missile towards the Israeli-owned tanker Scarlet Ray near Saudi Arabia's Red Sea port city of Yanbu in a rare attack off the Saudi coast.The Liberia-flagged vessel's Singapore-based manager, Eastern Pacific Shipping…
https://www.marinelink.com/news/houthis-claim-responsibility-attack-529495
https://www.marinelink.com/news/houthis-claim-responsibility-attack-529495ABB and shipping company Wallenius Marine have formally established a new joint venture based in Stockholm, Sweden, to expand their OVERSEA™ collaboration.Launched in September 2022 as a collaboration between ABB and Wallenius Marine, OVERSEA™…
https://www.marinelink.com/news/abb-wallenius-marine-establish-digital-jv-529496
https://www.marinelink.com/news/abb-wallenius-marine-establish-digital-jv-529496Today, Monday, September 01 2025, the Baltic Dry Index decreased by 01 points, reaching 2024 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-2024-down-01-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2024-down-01-points/Iron ore futures slipped to their lowest levels in a week on Monday, hurt by shrinking steel margins and expectations of lower steel production ahead of a military parade in China. The most-traded January iron ore contract on China’s Dalian Commodity Exchange ended daytime trade 2.67% lower at 766 yuan ($107.09) a metric ton. It hit ...
https://www.hellenicshippingnews.com/iron-ore-hits-one-week-low-on-narrower-steel-margins-weak-demand/The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, was mostly unchanged on Monday as gains in capesize countered weakness in panamax. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, edged down 1 point to 2,024 points. The capesize index gained 24 points, ...
https://www.hellenicshippingnews.com/baltic-index-steady-as-gains-in-capesize-offset-lower-rates-for-panamax/China’s Wison New Energies and Turkish Petroleum (TPAO) have signed an engineering, procurement, construction, installation, and commissioning contract for the Sakarya gas field Phase III FPU project. The Sakarya gas field, located in the Black Sea, approximately 170 km from the Turkish coast at a water depth of 2,150 m, was discovered in August 2020. …
https://splash247.com/wison-new-energies-secures-sakarya-fpu-contract-with-tpao/
https://splash247.com/wison-new-energies-secures-sakarya-fpu-contract-with-tpao/