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Today, Thursday, March 12 2026, the Baltic Dry Index climbed by 46 points, reaching 1972 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-1972-up-46-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1972-up-46-points/Houston-based oilfield services giant SLB has begun curtailing operations in the Middle East due to the ongoing crisis in the region. SLB said that travel to and transit through the region have been suspended, and that it has begun to demobilise operations in a few countries in response to customer actions to safeguard personnel and …
https://splash247.com/slb-reduces-operations-in-middle-east-amid-regional-crisis/
https://splash247.com/slb-reduces-operations-in-middle-east-amid-regional-crisis/German utility RWE has sold its stake in the Baltic II offshore wind farm to Polska Grupa Energetyczna (PGE). As a result of the transaction, PGE has become the sole owner of the Baltic II offshore wind development project in the Polish Baltic Sea. The wind farm has a planned capacity of 350MW and will …
https://splash247.com/polands-pge-takes-full-control-of-baltic-sea-offshore-wind-project/
https://splash247.com/polands-pge-takes-full-control-of-baltic-sea-offshore-wind-project/The second offshore oil and gas lease sale under Donald Trump’s One Big Beautiful Bill Act passed much more quietly, with far less interest than the previous one. The so-called Big Beautiful Gulf 2 or BBG2 generated $46.9 in high bids. The sale included 25 blocks covering approximately 570 sq km in federal waters of …
https://splash247.com/second-gulf-of-mexico-auction-under-trump-bill-draws-weaker-industry-interest/
https://splash247.com/second-gulf-of-mexico-auction-under-trump-bill-draws-weaker-industry-interest/The International Labour Organization (ILO) has launched a pilot employment injury scheme (EIS) in collaboration with BIMCO to strengthen the protection and rights of workers at ship recycling yards in Bangladesh, the world’s biggest ship recycling nation. The scheme works as a form of social insurance, in which risk is pooled and shared by the …
https://splash247.com/new-pilot-scheme-to-protect-bangladesh-shipbreaking-workers/
https://splash247.com/new-pilot-scheme-to-protect-bangladesh-shipbreaking-workers/Two VLCC sales sealed in short succession show an interesting pattern. A 20-year-old VLCC has changed its name three times in one year. A ship now named Keegan, before Haishen, before that Merd, while from 2005 until its sale a year ago, it proudly sailed the seas as Great Lady. The ship is now flying …
https://splash247.com/shadow-vlccs-change-names-in-quick-succession/
https://splash247.com/shadow-vlccs-change-names-in-quick-succession/Attacks are escalating across the Gulf with tankers torched, a containership struck, and Omani fuel tanks ablaze. Iranian groups set two product tankers alight (pictured) late Wednesday into Thursday as attacks on commercial shipping and energy infrastructure intensified across the Middle East Gulf. Iraqi authorities identified the vessels as the 74,000 dwt Safesea Vishnu and …
https://splash247.com/middle-east-latest-inferno-at-sea-and-shore/
https://splash247.com/middle-east-latest-inferno-at-sea-and-shore/Major industry announcements and new product launches continued to drive significant visitor numbers and plentiful business activity as Oceanology International 2026 (Oi26) surpassed expectations on the second day at Excel London.Among the companies taking center stage…
https://www.marinelink.com/news/breakthrough-technology-unveiled-536861
https://www.marinelink.com/news/breakthrough-technology-unveiled-536861Bernhard Schulte Offshore (BSO) has taken delivery of a new commissioning service operation vessel (CSOV). The Windea Carnot, which was built at Ulstein Verft in Norway on behalf of an institutional investor, was handed over to its new owner…
https://www.marinelink.com/news/bernhard-schulte-offshore-takes-delivery-536863
https://www.marinelink.com/news/bernhard-schulte-offshore-takes-delivery-536863The Australian Border Force (ABF) has intercepted two foreign vessels and their crews suspected of illegal fishing near Trochus Island, as Operation BROADSTAFF continues to net offenders targeting the Torres Strait and northern Queensland.Launched in February 2026…
https://www.marinelink.com/news/australia-intercepts-illegal-fishers-536864
https://www.marinelink.com/news/australia-intercepts-illegal-fishers-536864