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Today, Friday, June 27 2025, the Baltic Dry Index decreased by 32 points, reaching 1521 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1521-down-32-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1521-down-32-points/Mitsui O.S.K. Lines, Ltd. yesterday announced that on June 26, it refueled its operated coal carrier HOKULINK (Note 1) with biofuel at Yeosu Port in South Korea. The HOKULINK, which transports coal for Hokuriku Electric Power Company (President: Koji Matsuda; Head Office: Toyama-shi, Toyama Prefecture), then began technical trial voyages using biofuel. The biofuel used ...
https://www.hellenicshippingnews.com/1st-for-a-japanese-electric-power-company-mol-conducts-technical-trial-voyage-using-biofuel-b30-on-coal-carrier-serving-hokuriku-electric-power/Capesize The Capesize market experienced a marked decline this week, with sentiment steadily weakening amid persistently low activity across both the Atlantic and Pacific basins. A key factor was the prolonged absence of all major C5 miners in the Pacific, which led to mounting vessel supply and further dampened sentiment. As a result, C5 fell ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-declined-last-week/
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-declined-last-week/China's oil imports from Iran surged in June as shipments accelerated before the recent conflict between Israel and Iran and demand from independent refineries improved, analysts said.The world's top oil importer and biggest buyer of Iranian…
https://www.marinelink.com/news/chinese-oil-imports-iran-surge-june-527404
https://www.marinelink.com/news/chinese-oil-imports-iran-surge-june-527404DOF Group ASA is pleased to announce two new contracts in Brazil.Skandi Logger, an AHTS with 250t bollard pull built in 2009, has been contracted for a 4-year engagement with Petrobras, following the same competitive AHTS tender process that resulted in the contracts of Skandi Iguaçu…
https://www.marinelink.com/news/dof-group-asa-awarded-two-longterm-527407
https://www.marinelink.com/news/dof-group-asa-awarded-two-longterm-527407Hanwha Ocean has added a comprehensive financing deal to its proposal to sell Poland submarines, the South Korean shipbuilder said on Friday, as it battles rival European bidders.Poland is seeking to buy three submarines under its "Orka" programme…
https://www.marinelink.com/news/hanwha-ocean-adds-financing-deal-poland-527412
https://www.marinelink.com/news/hanwha-ocean-adds-financing-deal-poland-527412Germany is considering changing its foreign trade law to prevent the company running the Nord Stream 2 pipelines from being taken over, a document showed on Friday, as part of Berlin's efforts to prevent any resumption of Russian gas imports.For decades Germany relied on cheap Russian gas…
https://www.marinelink.com/news/germany-considers-foreign-trade-reform-527413
https://www.marinelink.com/news/germany-considers-foreign-trade-reform-527413Iron ore futures rose on Friday, posting their largest weekly gain since May 16 on falling iron ore and steel inventories, outweighing Taiwan’s anti-dumping duties. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.99% higher at 716.5 yuan ($99.95) a metric ton. The contract gained 1.64% this week, ...
https://www.hellenicshippingnews.com/iron-ore-posts-largest-weekly-gain-in-six-on-falling-inventories/Chinese firms have booked the first soymeal cargo from Argentina since Beijing approved Argentine imports in 2019, as China’s animal feed industry looks to broaden its supply options to mitigate potential disruptions from the U.S.-China trade war. Several Chinese feed makers have jointly signed the deal to purchase 30,000 metric tons of Argentine soymeal for ...
https://www.hellenicshippingnews.com/china-signs-first-argentine-soymeal-deal-under-threat-of-us-trade-war-disruptions/This week’s Market Monitor highlights a notable shift in thermal coal trade flows, particularly in the evolving import strategies of China and India. According to the latest dry bulk flow data, Indonesia continues to account for 48% of global thermal coal exports, with Taboneo and Muara Berau remaining the most active origin terminals. However, Chinese ...
https://www.hellenicshippingnews.com/dry-bulk-weekly-monitor-spotlight-on-indonesian-thermal-coal-shipments/