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“Russian and Ukrainian grain shipments are estimated to have plunged 49% combined y/y between January and August 2025. Both countries had a smaller export surplus following weaker grain harvests in the second half of 2024. Overall, the combined production from both countries was 10% below pre-war levels,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. ...
https://www.hellenicshippingnews.com/russian-and-ukrainian-grain-shipments-plunge-49/
https://www.hellenicshippingnews.com/russian-and-ukrainian-grain-shipments-plunge-49/The dry bulk market continues to enjoy the fair summer weather, despite some softening of vessel benchmarks from late July peaks. As of mid-August, gearless Baltic benchmarks have retreated, while geared segments remain supported at elevated levels, a change reflected in the Baltic Exchange Dry Index (BDI), which has averaged 2,008 points over the first ...
https://www.hellenicshippingnews.com/enjoy-the-dry-bulk-markets-indian-summer-while-it-lasts-says-msi/The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose to an over one-week high on Tuesday, supported by higher rates across all vessel segments. The main BDI index, which tracks rates for capesize, panamax and supramax shipping vessels, added 97 points, or 5%, to 2,041 points, highest ...
https://www.hellenicshippingnews.com/baltic-index-gains-as-vessel-rates-strengthen-across-the-board/
https://www.hellenicshippingnews.com/baltic-index-gains-as-vessel-rates-strengthen-across-the-board/Giovanni Bertani, former head of Italian chemical tanker owner Finbeta, has died in Savona at the age of 87. Bertani was part of the family that founded Finbeta in 1937, when Cesare Bertani acquired the company’s first vessel. Under Giovanni’s stewardship, the Savona-based company became a well-known name in the transport of chemical products, operating …
https://splash247.com/italian-chemical-tanker-pioneer-giovanni-bertani-dies-at-87/
https://splash247.com/italian-chemical-tanker-pioneer-giovanni-bertani-dies-at-87/Brokers report that undisclosed Greek buyers have tabled $26.2m for Wisdom Marine’s 179,000 dwt Frontier Bonanza, a 2010-built capesize from Hyundai Heavy Industries. According to VesselsValue, the ship is on a seven-year charter to Nippon Yusen Kaisha . The deal marks the first sale of a Korean-built cape since May. Taiwanese owner Wisdom Marine has …
https://splash247.com/wisdom-marine-exits-cape-segment/
https://splash247.com/wisdom-marine-exits-cape-segment/US-based maritime software company OrbitMI has acquired Swedish advisory firm Gale Force, expanding its portfolio in voyage optimisation and environmental compliance. The deal follows OrbitMI’s recent purchase of AI specialist AuQub and reflects the company’s strategy to blend maritime expertise with digital tools for shipowners and operators. Gale Force, founded by Tom Sandberg (pictured), provides …
https://splash247.com/orbitmi-expands-with-gale-force-acquisition/
https://splash247.com/orbitmi-expands-with-gale-force-acquisition/A cargo transfer vessel owned by Mitsui O.S.K. Lines (MOL) will be shared by TotalEnergies EP Brasil, which employs the vessel in its operation since 2020, with Shell Brasil Petróleo for crude oil cargos produced in Brazil.The vessel SeaLoader 1…
https://www.marinelink.com/news/mols-cargo-vessel-jointly-used-shell-529307
https://www.marinelink.com/news/mols-cargo-vessel-jointly-used-shell-529307Dating back to the year 1786, Thomas Jefferson wrote to a member of the Continental Congress on the importance of free press keeping government in check. He was quoted as saying if he had a choice between “a government without newspapers or newspapers without a government…
https://www.marinelink.com/news/maritime-dominance-begins-us-ship-repair-529311
https://www.marinelink.com/news/maritime-dominance-begins-us-ship-repair-529311“Russian and Ukrainian grain shipments are estimated to have plunged 49% combined y/y between January and August 2025. Both countries had a smaller export surplus following weaker grain harvests in the second half of 2024. Overall, the combined…
https://www.marinelink.com/news/grain-shipments-halved-russia-ukraine-529313
https://www.marinelink.com/news/grain-shipments-halved-russia-ukraine-529313Italian energy giant Eni has held the sail away ceremony for the Nguya floating liquefied natural gas (FLNG) unit in Shanghai, which is set to depart for Congo LNG project in the Marine XII concession, offshore the Republic of Congo.The Nguya unit…
https://www.marinelink.com/news/nguya-flng-unit-set-sail-next-phase-enis-529317
https://www.marinelink.com/news/nguya-flng-unit-set-sail-next-phase-enis-529317