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Today, Thursday, June 25 2025, the Baltic Dry Index climbed by 16 points, reaching 1665 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-climbs-to-1665-up-16-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1665-up-16-points/Norwegian offshore seismic vessel player Shearwater Geoservices has been awarded a 3D marine seismic acquisition contract by French energy major TotalEnergies in Sao Tome & Principe. The two-month exploration survey on the STP-02 Block off the coast of West Africa will commence early in the third quarter of 2025, utilising the SW Empress. TotalEnergies entered …
https://splash247.com/totalenergies-taps-shearwater-for-3d-survey-off-sao-tome-and-principe/
https://splash247.com/totalenergies-taps-shearwater-for-3d-survey-off-sao-tome-and-principe/The US Bureau of Ocean Energy Management (BOEM) has announced a proposed notice of sale for an upcoming oil and gas lease sale in the Gulf of Mexico. Lease Sale 262 will offer approximately 15,000 unleased blocks located between five and 370 km offshore across the Gulf’s Western, Central, and Eastern Planning Areas. Covering roughly …
https://splash247.com/us-offering-15000-blocks-in-upcoming-offshore-lease-sale/
https://splash247.com/us-offering-15000-blocks-in-upcoming-offshore-lease-sale/The Israeli Ministry of Energy and Infrastructure has allowed the restart of production from two offshore projects following a temporary suspension caused by the escalation of conflicts with Iran. On June 14, the Ministry ordered the temporary suspension of production and activities on the Energean Power FPSO and Chevron’s Leviathan field. Now that the hostilities …
https://splash247.com/two-projects-off-israel-restart-production-amid-shaky-ceasefire-with-iran/
https://splash247.com/two-projects-off-israel-restart-production-amid-shaky-ceasefire-with-iran/Energy supermajor Shell has adamantly stated that it has made no bid for rival BP, and that such a move is not being considered. Different media outlets reported that Shell was in talks to acquire BP in a deal worth £60bn ($82.3bn). However, this is not new as similar stories have been doing the rounds …
https://splash247.com/shell-dismisses-reports-of-82bn-bp-takeover/
https://splash247.com/shell-dismisses-reports-of-82bn-bp-takeover/As the industry comes together this week to shine a spotlight on bullying and harassment for the Day of the Seafarer with the theme ‘My Harassment-Free Ship, prejudice against LGBTQ+ seafarers remains an ongoing issue. LGBTQ+ clinical psychologists Luca Hütter and Angelo Tenorio, along with OneCare’s Marinos Kokkinis and Gisa Paredes from WellAtSea have penned …
https://splash247.com/shipping-and-pride-month/
https://splash247.com/shipping-and-pride-month/The world’s first ship-to-ship offloading of liquefied carbon dioxide (LCO₂) captured directly from a containership has been achieved at Shanghai’s Yangshan Port. The operation involved Evergreen’s 2014-built 13,800 teu Ever Top, retrofitted with an onboard carbon capture and storage (OCCS) system in 2024. The vessel transferred the captured CO2 to the barge Dejin while docked …
https://splash247.com/ship-to-ship-co2-transfer-makes-debut-in-china/
https://splash247.com/ship-to-ship-co2-transfer-makes-debut-in-china/Harry Banga-led Caravel Group has confirmed it has become the leading shareholder in Pacific Basin, but has denied rumours it is looking at a possible takeover of the dry bulk giant. In a release sent to the Hong Kong Stock Exchange, Caravel revealed it now controls 16% of the total issued share capital of Pacific …
https://splash247.com/caravel-group-emerges-as-pacific-basins-largest-shareholder/
https://splash247.com/caravel-group-emerges-as-pacific-basins-largest-shareholder/Suicide cases accounted for more deaths at sea than fatal injury incidents according to a major new survey looking at the fleet insured by Norway’s Gard. Gard’s second crew claims report, published yesterday, outlines trends and developments in seafarer injuries, illnesses and fatalities worldwide drawing on claims data from 3,000 cases last year as well …
The U.S. sent letters to Enterprise Products and Energy Transfer on Wednesday informing the companies they could load ethane on vessels destined for China but could not unload the ethane in China without authorization, according to a person…
https://www.marinelink.com/news/us-allows-ethane-shipped-china-not-527316
https://www.marinelink.com/news/us-allows-ethane-shipped-china-not-527316