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The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose to over a one-week high on Friday and registered a weekly gain on higher rates across all vessel segments. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, rose 83 points, or ...
https://www.hellenicshippingnews.com/baltic-index-posts-weekly-gain-on-higher-rates-across-all-segments/Ahead of Sunday’s International Women in Maritime Day, a new, giant survey jointly conducted by the International Maritime Organization (IMO) and the Women’s International Shipping & Trading Association (WISTA) shows how shipping remains a male-dominated industry, with women making up just 19% of the total workforce sampled. At sea, that figure drops to just 1%. …
https://splash247.com/less-than-one-in-five-working-in-maritime-today-are-women/
https://splash247.com/less-than-one-in-five-working-in-maritime-today-are-women/OEG has made a major investment in its first-ever fleet of cryogenic ISO tanks in North America, now located at its Houston facility.This milestone marks the company’s official expansion of its cryogenic tank division into the region, strengthening its ability to meet rising demand for safe…
https://www.marinelink.com/news/oeg-expands-cryogenic-tank-division-us-525814
https://www.marinelink.com/news/oeg-expands-cryogenic-tank-division-us-525814A new Lloyd's Register report outlines the upcoming changes to mandatory statutory regulations and instruments. A comprehensive suite of new International Maritime Organization (IMO) and International Labour Organization (ILO) regulations come into force over the next few months…
https://www.marinelink.com/news/new-lloyds-register-report-outlines-525824
https://www.marinelink.com/news/new-lloyds-register-report-outlines-525824ZeroNorth and Veracity by DNV have partnered to launch a fully integrated emissions reporting and verification service for the maritime industry. Teekay is the first customer that will be implementing the service across its fleet, following…
https://www.marinelink.com/news/zeronorth-veracity-dnv-launch-emissions-525825
https://www.marinelink.com/news/zeronorth-veracity-dnv-launch-emissions-525825Vitol has started supplying bunkers by barge to the West Africa region, with initial deliveries of VLSFO and MGO and plans to expand to offer the full spectrum of marine fuels.Bunkering by barge offers flexibility of location, taking place wherever there is a need…
https://www.marinelink.com/news/vitol-brings-bunkering-barge-west-africa-525826
https://www.marinelink.com/news/vitol-brings-bunkering-barge-west-africa-525826India’s coal imports witnessed a sharp decline of 9.2 per cent during the April 2024 to February 2025 period, totaling 220.3 million tonnes (MT), down from 242.6 MT in the same period the previous fiscal year. This significant reduction translated into foreign exchange savings of approximately USD 6.93 billion (RS 53,137.82 crore), signaling a major ...
https://www.hellenicshippingnews.com/india-cuts-coal-imports-by-over-9-in-fy25-saving-usd-6-93-billion-in-forex/Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the first quarter of 2025 and the amendment of its dividend policy to pay a minimum quarterly dividend of $0.05 per share. Unless ...
https://www.hellenicshippingnews.com/star-bulk-carriers-corp-reports-net-profit-of-0-5-million-for-the-first-quarter-of-2025-and-declares-quarterly-dividend-of-0-05-per-share/Offshore support vessel owner Tidewater has bagged a charter deal for its platform supply vessel Troms Lyra in Norway. Offshore shipbrokers stated the 2013 Vard-built PSV won a fixture for around 100 days with Spirit Energy. It will provide supply duties for the plug and abandonment jackup rig Well-Safe Protector. Well-Safe Solutions was awarded two contracts …
https://splash247.com/tidewater-scores-psv-work-with-spirit-energy/
https://splash247.com/tidewater-scores-psv-work-with-spirit-energy/