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Through our dry bulk flow tool, we have identified changing trends in the trade of corn. Similar to soybeans, both the U.S. and Brazil dominate the export market; however, unlike that market, the U.S. is seeing its exports strengthen. This report looks at whether the increase in U.S. corn exports is enough to make up ...
https://www.hellenicshippingnews.com/a-kernel-of-truth-on-corn-trade-flows/
https://www.hellenicshippingnews.com/a-kernel-of-truth-on-corn-trade-flows/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, rebounded to its highest level in nearly seven months on higher rates across vessel segments. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was up 58 points, or 3.5%, at 1,738, its highest since ...
https://www.hellenicshippingnews.com/baltic-index-rebounds-to-seven-month-peak-on-higher-rates-across-vessel-segments/ADNOC Logistics & Services (ADNOC L&S) has secured a 15-year contract with its compatriot polyolefins major, Borouge, to manage logistics for more than half of its annual petrochemicals output. The deal, valued at $531m, covers port management, container handling, and feeder container ship services for the Borouge container terminal in Al Ruwais Industrial City, Abu …
https://splash247.com/adnoc-ls-lands-530m-deal-with-petchem-giant-borouge/
https://splash247.com/adnoc-ls-lands-530m-deal-with-petchem-giant-borouge/Japanese shipowner Shinomiya Tanker has reportedly commissioned three compatriot yards for five handysize bulker newbuildings. The Tokushima-based company has placed a single 40,000 dwt vessel at Naikai Zosen, with two additional ships each ordered from Imabari Shipbuilding and Hakodate Dockyard at $33m apiece. The first ship, linked by brokers to a charter deal with Denmark’s …
https://splash247.com/japans-shinomiya-tanker-taps-domestic-yards-for-handysize-bulker-series/
https://splash247.com/japans-shinomiya-tanker-taps-domestic-yards-for-handysize-bulker-series/U.S. and Chinese officials said on Tuesday they had agreed on a framework to get their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade tensions.At…
https://www.marinelink.com/news/cautious-optimism-us-china-tariff-truce-526727
https://www.marinelink.com/news/cautious-optimism-us-china-tariff-truce-526727Technology group Wärtsilä has secured a contract to supply an integrated hybrid propulsion solution for four new 10,700 DWT geared tween decker vessels being built for Dutch ship owner and maritime service provider Vertom Group.Combining the…
https://www.marinelink.com/news/vertoms-four-new-cargo-ships-sport-wrtsil-526728
https://www.marinelink.com/news/vertoms-four-new-cargo-ships-sport-wrtsil-526728The two Chinese aircraft carriers spotted conducting simultaneous operations in the Pacific for the first time send a political message about the country's "expansionist" aims, Taiwan Defence Minister Wellington Koo said on Wednesday.Japan's…
https://www.marinelink.com/news/china-aircraft-carrier-presence-pacific-526729
https://www.marinelink.com/news/china-aircraft-carrier-presence-pacific-526729It’s no surprise that waterjets are great for shallow-draft, highly maneuverable craft, but vessel designers are busting out of the old stereotypes.Vessel designer Aircat Vessels has developed a surface effect ship (SES) crew transport catamaran…
https://www.marinelink.com/news/maritime-propulsion-expanding-options-526730
https://www.marinelink.com/news/maritime-propulsion-expanding-options-526730ADNOC Logistics & Services Plc (ADNOC L&S) has signed a 15-year strategic partnership agreement with Borouge, worth $531 million, to manage shipping and port logistics for the company’s expanding petrochemical exports.The agreement positions…
https://www.marinelink.com/news/adnoc-ls-borouge-sign-m-partnership-boost-526732
https://www.marinelink.com/news/adnoc-ls-borouge-sign-m-partnership-boost-526732NR Marine Services has commissioned Chartwell Marine to design a new crew transfer vessel (CTV) in response to client requests for a new class of vessel capable of supporting older generation assets, now referred to as legacy turbines.Chartwell Marine has developed the Defiant Class vessel…
https://www.marinelink.com/news/chartwell-marine-design-ctv-nr-marine-526740
https://www.marinelink.com/news/chartwell-marine-design-ctv-nr-marine-526740