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The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dipped on Friday and posted a weekly loss on declining rates for panamax and supramax vessels. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, lost 1 point, or 0.1%, to 1,340, to register ...
https://www.hellenicshippingnews.com/baltic-dry-index-logs-weekly-loss-on-weaker-panamax-supramax-rates/Nasdaq-listed Greek bulker owner United Maritime has increased its investment in a newbuild energy construction vessel (ECV) as it looks to diversify its earnings and risk exposure. The Stamatis Tsantanis-led spinoff of Seanergy Maritime said in its quarterly earnings report that it had injected additional capital into a Norwegian-based joint venture set up to design …
https://splash247.com/bulker-owner-united-maritime-bolsters-offshore-sector-exposure/
https://splash247.com/bulker-owner-united-maritime-bolsters-offshore-sector-exposure/BHP, Cargill and Rio Tinto, the founders of shipping vetting organisation RightShip, have employed Rothschild & Co to seek new investors. In a release, RightShip said its primary goal is to partner with an investor who brings not only capital but also significant expertise in data and technology and transformational growth. The three giant shippers …
https://splash247.com/bhp-cargill-and-rio-tinto-seek-new-investors-into-rightship/
https://splash247.com/bhp-cargill-and-rio-tinto-seek-new-investors-into-rightship/Mitsui O.S.K. Lines (MOL) has ordered a new LNG-fueled very large crude carrier (VLCC), which will sail under a long-term time charter contract with Idemitsu Tanker.The vessel will be the first dual-fuel VLCC to be chartered to a Japanese oil…
https://www.marinelink.com/news/mol-inks-longterm-time-charter-deal-526101
https://www.marinelink.com/news/mol-inks-longterm-time-charter-deal-526101Energy major Shell expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply from a raft of planned new projects.Cederic Cremers…
https://www.marinelink.com/news/shell-expects-bank-lng-exporters-turning-526106
https://www.marinelink.com/news/shell-expects-bank-lng-exporters-turning-526106Malaysia-based fleet owner of self-propelled accommodation workboats Keyfield International has signed a memorandum of understanding (MoU) with Indonesia’s PT Elnusa Trans Samudera (ETSA) to explore joint marine services opportunities in the oil and gas sector.ETSA…
https://www.marinelink.com/news/keyfield-ventures-indonesias-oil-gas-526109
https://www.marinelink.com/news/keyfield-ventures-indonesias-oil-gas-526109Navantia Seanergies, Spanish shipbuilder Navantia’s green energies division, has delivered its second substation jacket for Ocean Winds for the offshore wind farm at Dieppe Le Tréport in France.The jacket departed from the south basin of the Puerto Real shipyard…
https://www.marinelink.com/news/navantia-seanergies-delivers-second-526110
https://www.marinelink.com/news/navantia-seanergies-delivers-second-526110BAE Systems has announced inauguration of a $250 million shiplift and land-level repair facility at its Jacksonville, Florida, shipyard on June 2, with a ribbon-cutting ceremony attended by Acting Chief of Naval Operations Admiral Jim Kilby.The…
https://www.marinelink.com/news/bae-systems-set-open-m-shiplift-facility-526111
https://www.marinelink.com/news/bae-systems-set-open-m-shiplift-facility-526111The Panama Maritime Authority (PMA) has strengthened its collaborative ties with the International Transport Workers’ Federation (ITF) during a recent visit by ITF delegates to the General Directorate of Seafarers (DGGM). The meeting focused…
https://www.marinelink.com/news/pma-recovers-m-owed-seafarer-wages-526114
https://www.marinelink.com/news/pma-recovers-m-owed-seafarer-wages-526114On May 7, 2025, the first in a groundbreaking fleet of 3,000-ton deadweight hopper barges, designed by Robert Allan Ltd., was officially launched at Juruá Shipyard in Manaus, Brazil. The event marked a milestone in LHG Mining’s river transportation…
https://www.marinelink.com/news/first-fleet-dwt-hopper-barges-launches-526115
https://www.marinelink.com/news/first-fleet-dwt-hopper-barges-launches-526115