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Holland Shipyards Group has sealed its first contract with the Dutch Ministry of Defence.The yard will construct two advanced floating training platforms, Uhlenbeck and Thetis, designed to support a wide range of maritime training operations for defence personnel.
https://www.marinelink.com/news/holland-shipyards-group-build-training-532971
https://www.marinelink.com/news/holland-shipyards-group-build-training-532971Damen Shipyards Group has launched an Island Class ferry for Canada’s BC Ferries at Damen Shipyards Galati in Romania.The launch follows another key moment in October when the yard undertook the grand block assembly of Island Class 10. Both vessels form part of an order for four ferries…
https://www.marinelink.com/news/damen-launches-vessel-bc-ferries-532972
https://www.marinelink.com/news/damen-launches-vessel-bc-ferries-532972The IMO Assembly has elected the following Member States to serve on three categories of the IMO Council.The UK successfully campaigned to keep Russia off the Council by working closely with international partners and lobbying other Assembly Members.
https://www.marinelink.com/news/imo-council-elected-532974
https://www.marinelink.com/news/imo-council-elected-532974Safety management system procedures were not effectively implemented when the Spirit of Tasmania I’s second engineer was seriously injured in a fall during engine maintenance earlier this year, the final report from an Australian Transport Safety…
https://www.marinelink.com/news/crew-injured-procedures-not-followed-532975
https://www.marinelink.com/news/crew-injured-procedures-not-followed-532975MARIN and SolarDuck have completed high-precision station-keeping tests of a 54-platform floating solar array, demonstrating the survivability in high sea states.The tests, conducted in MARIN’s Offshore Basin, involved a 1:20 scale model of…
https://www.marinelink.com/news/marin-solarduck-test-solar-array-532976
https://www.marinelink.com/news/marin-solarduck-test-solar-array-532976Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated financial results for the third quarter and nine-month period ended September 30, 2025. Revenue $12.6 million in Q3 2025 $30.8 million in 9M 2025 Net income / (loss) $0.7 million net income in Q3 2025 $2.6 million net loss in 9M 2025 Adjusted ...
https://www.hellenicshippingnews.com/globus-maritime-limited-optimistic-about-midsize-bulker-market-moving-forward/Capesize The Capesize market delivered a robust and increasingly confident performance this week, with the BCI 5TC climbing steadily from the low $30,000s to close the week in the $37,000s. The Pacific set the tone early, where consistent miner participation and a busy slate of operator cargoes tightened the tonnage list and pushed C5 progressively ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-showing-signals-of-strength/
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-showing-signals-of-strength/Two tankers linked to Russia’s shadow fleet were hit by blasts and caught fire in the Black Sea on Friday, prompting a major rescue response from Turkish authorities. All crewmembers from both ships are reported safe. The 150,000 dwt 2002-built suezmax Kairos was the first to issue a distress call after reporting an “external impact” …
https://splash247.com/black-sea-blasts-set-sanctioned-tankers-ablaze-off-turkish-coast/
https://splash247.com/black-sea-blasts-set-sanctioned-tankers-ablaze-off-turkish-coast/Iron ore futures prices dipped on Friday, but logged their third straight weekly gain on recent infrastructure demand. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.19% lower at 794 yuan ($112.18) a metric ton. The contract gained 1.14% this week. The benchmark December iron ore (SZZFZ5) on ...
https://www.hellenicshippingnews.com/iron-ore-posts-third-weekly-gain-on-infrastructure-demand/
https://www.hellenicshippingnews.com/iron-ore-posts-third-weekly-gain-on-infrastructure-demand/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, climbed to its highest level in nearly two years on Friday and was on course for a weekly gain, driven by strong demand for capesize vessels. The main index, which factors in rates for capesize, panamax and supramax ...
https://www.hellenicshippingnews.com/baltic-index-rises-to-nearly-2-year-high-on-strong-capesize-demand/