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Athens-based pool operator and shipmanager Heidmar has announced its first-ever vessel acquisition, marking a strategic shift in the Nasdaq-listed company’s evolution from pure-play management to asset-backed operations. The Pankaj Khanna-led outfit has struck a deal to buy the 2008-built 1,702 teu feeder containership A Obelix for $25.25m. The vessel, acquired from Evangelos Marinakis’ Capital Ship …
https://splash247.com/heidmar-enters-ownership-space-with-first-boxship-acquisition/
https://splash247.com/heidmar-enters-ownership-space-with-first-boxship-acquisition/With a new compact and versatile marine engine room pump design, Svanehøj aims to optimize onboard liquid handling. Because of its lower weight, fewer components, and just a single wear part, the new NCM pump will enhance efficiency, simplify system integration…
https://www.marinelink.com/news/svanehj-unveils-new-marine-engine-room-527691
https://www.marinelink.com/news/svanehj-unveils-new-marine-engine-room-527691Low water levels following a drought and heatwave in western Europe are hindering traffic on the Rhine river in Germany after weekend rain caused only a moderate rise in water levels, commodity traders said on Monday.Low water is hampering shipping all along the river south of Duisburg and Cologne…
https://www.marinelink.com/news/low-water-levels-impede-rhine-river-527693
https://www.marinelink.com/news/low-water-levels-impede-rhine-river-527693McCullough Engineering Services (MES) announced the successful completion of restoration efforts on the Stuyvesant, a trailing suction hopper dredge owned by The Dutra Group. The vessel suffered significant fire damage on November 2, 2024, and…
https://www.marinelink.com/news/mccullough-helps-dredger-stuyvesant-527696
https://www.marinelink.com/news/mccullough-helps-dredger-stuyvesant-527696Dutch maritime solar innovator Wattlab has delivered a solar energy system for HGK Shipping’s inland shipping cargo vessel Blue Marlin. The vessel’s 192 solar panels will provide power to both the onboard and propulsion systems, making the Blue…
https://www.marinelink.com/news/wattlab-hgk-shipping-collaborate-worlds-527697
https://www.marinelink.com/news/wattlab-hgk-shipping-collaborate-worlds-527697Two crew were injured and two others missing on a Liberia-flagged bulk carrier that was attacked with skiffs and drones 49 nautical miles southwest of Yemen's Red Sea port of Hodeidah, British maritime security firm Ambrey said on Monday.Ambrey…
https://www.marinelink.com/news/two-crew-injured-two-missing-magic-seas-527701
https://www.marinelink.com/news/two-crew-injured-two-missing-magic-seas-527701Yemen’s Iran-aligned Houthis said on Monday that a cargo ship they struck with gunfire, rockets and explosive-laden remote-controlled boats had sunk in the Red Sea, after their first known attack on the high seas this year.The ship's Greek operator…
https://www.marinelink.com/news/houthis-claim-magic-seas-cargo-ship-527702
https://www.marinelink.com/news/houthis-claim-magic-seas-cargo-ship-527702The Baltic Exchange’s dry bulk sea freight index was unchanged on Monday as gains in the panamax and supramax segments countered a decline in capesize rates. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, held steady at 1,436 points. The capesize index fell 30 points, or about 1.6%, to 1,825. ...
https://www.hellenicshippingnews.com/baltic-index-steady-as-gains-in-smaller-vessels-offset-weaker-capsize/
https://www.hellenicshippingnews.com/baltic-index-steady-as-gains-in-smaller-vessels-offset-weaker-capsize/The Philippine government sought to introduce a ban on nickel ore exports from 2030 to enhance domestic processing capabilities and advance up the value chain. This decision was rescinded in mid-June, and this insight will look into the effects this will have on freight in the region. Why did the Philippines propose a nickel ore ...
https://www.hellenicshippingnews.com/philippine-nickel-ore-ban-reversed-what-are-the-impacts/
https://www.hellenicshippingnews.com/philippine-nickel-ore-ban-reversed-what-are-the-impacts/China’s coal import policy is shifting and this could impact the dry bulk market. In its latest weekly report, shipbroker Intermodal said that “after setting an all-time high for coal imports in 2024, China appears to be entering a new phase of recalibration. Preliminary data for 2025 points to a significant deceleration in seaborne coal ...
https://www.hellenicshippingnews.com/dry-bulk-market-chinas-coal-imports-could-keep-declining/
https://www.hellenicshippingnews.com/dry-bulk-market-chinas-coal-imports-could-keep-declining/