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The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell on Friday, marking its second consecutive weekly decline, pressured by a drop in capesize vessel rates. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was down 32 points, or 2.1%, at 1,521, hitting ...
https://www.hellenicshippingnews.com/baltic-dry-index-posts-weekly-loss-as-capesize-rates-fall/
https://www.hellenicshippingnews.com/baltic-dry-index-posts-weekly-loss-as-capesize-rates-fall/China’s iron ore imports have been dropping so far in 2025, based on the latest data. In its latest weekly report, shipbroker Banchero Costa said that “2024 was another positive year for global seaborne iron ore trade. In Jan-Dec 2024, global loadings of iron ore increased by +2.3% y-o-y to 1,669.2 mln tonnes, based on ...
https://www.hellenicshippingnews.com/china-iron-ore-imports-on-the-weaker-side-this-year/
https://www.hellenicshippingnews.com/china-iron-ore-imports-on-the-weaker-side-this-year/Starting today, Splash will be bringing readers a weekly wrap to digest the important shipping news of the past few days. This complements Daily Splash, our free newsletter published Monday through Friday, as well as Splash Extra, our monthly digest. Conflict with Iran dominated the headlines in the earlier part of the week, with extreme …
https://splash247.com/splash-weekly-wrap-iran-dominates-the-headlines/
https://splash247.com/splash-weekly-wrap-iran-dominates-the-headlines/A new cybersecurity solution from Hanwha Ocean to protect critical infrastructure and operations on board floating production storage and offloading (FPSO) units received approval in principle (AiP) from American Bureau of Shipping (ABS).Hanwha Ocean…
https://www.marinelink.com/news/hanwha-oceans-fpso-cybersecurity-concept-527382
https://www.marinelink.com/news/hanwha-oceans-fpso-cybersecurity-concept-527382The liquefied natural gas (LNG) carrier LNG Barka, operated and managed by an NYK Group company, along with the bulk carrier Lily Fortune, operated by NYK, was honored with the "Best Quality Ship 2024" award sponsored by the Japan Federation of Pilots' Associations.
https://www.marinelink.com/news/japan-pilots-tap-nyk-vessel-pair-lng-527385
https://www.marinelink.com/news/japan-pilots-tap-nyk-vessel-pair-lng-527385Rates for shipping cargo containers from China to the U.S. have dropped by more than half since earlier this month, as imports rebounded less than expected after the slump that followed President Donald Trump slapping 145% tariffs on China.Trump quickly reversed course by lowering the rate to 30%.
https://www.marinelink.com/news/container-shipping-rates-plunge-step-us-527386
https://www.marinelink.com/news/container-shipping-rates-plunge-step-us-527386The contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and fundamental changes to global crude supply, suggesting that Middle East politics will no longer be the dominant force in oil…
https://www.marinelink.com/news/wars-rage-middle-easts-waning-influence-527388
https://www.marinelink.com/news/wars-rage-middle-easts-waning-influence-527388Imabari Shipbuilding Co., Ltd., JFE Holdings, Inc. and IHI Corporation reached an agreement under which Imabari Shipbuilding will acquire a portion of the shares of Japan Marine United Corporation owned by JFE and IHI.Imabari Shipbuilding and…
https://www.marinelink.com/news/imbari-shipbuilding-seals-deal-japan-527389
https://www.marinelink.com/news/imbari-shipbuilding-seals-deal-japan-527389U.K. based energy firm Centrica and Thai state-owned oil and gas giant PTT Group have signed heads of agreement for a long-term liquefied natural gas (LNG) supply deal.Under the agreement, PTT will supply LNG to Centrica for a 10-year period across a range of destinations in Asia…
https://www.marinelink.com/news/centrica-thailands-ptt-ink-longterm-lng-527393
https://www.marinelink.com/news/centrica-thailands-ptt-ink-longterm-lng-527393On March 5, 2025, the United States Senate passed an important bill to authorize funding for our United States Coast Guard, after failing to do so in the previous Congress. S. 524, the Coast Guard Authorization Act of 2025, would if enacted…
https://www.marinelink.com/news/proposed-transfer-regulatory-authority-527399
https://www.marinelink.com/news/proposed-transfer-regulatory-authority-527399