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GTT announced that it has received, during the third quarter of 2025, a new order from the Korean shipyard Hanwha Ocean for the tank design of two new Liquefied Natural Gas Carriers (LNGCs) on behalf of the ship-owner Hanwha Shipping, an entity…
https://www.marinelink.com/news/gtt-receives-order-hanwha-ocean-lng-529581
https://www.marinelink.com/news/gtt-receives-order-hanwha-ocean-lng-529581Today, Wednesday, September 03 2025, the Baltic Dry Index decreased by 46 points, reaching 1940 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-1940-down-46-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1940-down-46-points/Prices of iron ore futures climbed for a second straight session on Wednesday, as Goldman Sachs raised its average price forecast for the fourth quarter of this year to $95 a metric ton from $90 a ton previously. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.71% higher ...
https://www.hellenicshippingnews.com/iron-ore-extends-gain-as-goldman-sachs-lifts-fourth-quarter-price-forecast/This week we take a closer look at the shifting grain flows of 2025, as U.S.–China trade tensions continue to dominate global perspectives. Agriculture remains at the core of these frictions, with China’s move away from U.S. soybeans becoming increasingly evident and Brazil solidifying its role as the leading supplier. As highlighted in our July ...
https://www.hellenicshippingnews.com/china-shifts-to-south-american-soy-u-s-corn-rises-to-japan/
https://www.hellenicshippingnews.com/china-shifts-to-south-american-soy-u-s-corn-rises-to-japan/The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to a near two-week low on Wednesday, pressured by lower rates for capesize and panamax vessels. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell by 46 points to 1,940 points, ...
https://www.hellenicshippingnews.com/baltic-index-hits-near-two-week-low-as-larger-vessel-rates-fall/Saudi Arabia’s ADES has signed a multi-year contract extension with QatarEnergy for its jackup rig Aquamarine Driller, marking its second long-term award in Qatar this year. The deal secures the rig for a firm period of four years, with three additional one-year options. If fully exercised, the contract would run to 2032. The extension takes …
https://splash247.com/ades-scores-multi-year-jackup-extension-deal-in-qatar/
https://splash247.com/ades-scores-multi-year-jackup-extension-deal-in-qatar/Malaysia’s Nam Cheong has terminated a charter deal for one of its offshore support vessels with an offshore wind farm contractor in Japan after the charterer failed to meet its obligations. The Singapore-listed company said the contract collapsed following the cancellation of the charterer’s downstream agreement with its end-user, leaving it unable to perform under …
https://splash247.com/nam-cheong-pulls-plug-on-japan-osv-contract/
https://splash247.com/nam-cheong-pulls-plug-on-japan-osv-contract/French OSV owner Bourbon has strengthened its long-standing relationship with ExxonMobil in Angola with a five-year charter for newbuild crew transfer vessels. The deal will see Bourbon Mobility deliver tailor-made 34-m crewboats to shuttle personnel between Soyo and Block 15, located around 80 miles offshore. The new units will replace 32-m vessels currently in service …
https://splash247.com/bourbon-lines-up-newbuilds-for-exxonmobil-in-angola/
https://splash247.com/bourbon-lines-up-newbuilds-for-exxonmobil-in-angola/German owner TB Marine and Sweden’s Ektank have signed up for 22,000 dwt methanol-ready chemical carriers to join the IceChem Tankers pool. The Danish pool operator said four ships have been contracted, with the first newbuild due in autumn 2026, and subsequent units arriving every three months until summer 2027. IceChem, established in 2018, currently …
https://splash247.com/tb-marine-and-ektank-sign-for-chemical-tanker-newbuilds/
https://splash247.com/tb-marine-and-ektank-sign-for-chemical-tanker-newbuilds/French offshore services provider Bourbon has signed a five-year charter contract with ExxonMobil to supply new 34-meter crewboats for oil and gas personnel transfers offshore Angola.The vessels will operate between Soyo and Block 15, about 80 miles offshore…
https://www.marinelink.com/news/bourbon-deliver-nextgen-crewboats-529560
https://www.marinelink.com/news/bourbon-deliver-nextgen-crewboats-529560