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Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD), the largest U.S. dredging contractor, reported third-quarter 2025 earnings that topped profit estimates but came in just shy of revenue expectations, reflecting steady operations amid a cooling…
https://www.marinelink.com/news/great-lakes-dredge-dock-q-profit-revenue-532017
https://www.marinelink.com/news/great-lakes-dredge-dock-q-profit-revenue-532017Today, Tuesday, November 04 2025, the Baltic Dry Index climbed by 13 points, reaching 1958 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-1958-up-13-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1958-up-13-points/Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with MOL Ocean Bulk Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v Los Angeles. The gross ...
https://www.hellenicshippingnews.com/diana-shipping-inc-announces-time-charter-contract-for-m-v-los-angeles-with-mol-and-direct-continuation-of-time-charter-contract-for-m-v-dsi-aquarius-with-bunge/Iron ore futures eased on Tuesday, extending losses into a third consecutive session, as slowing factory activity and weak steel demand in top consumer China weighed on market sentiment. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! was down 1.71% at 775.5 yuan($108.87) a metric ton. The benchmark December iron ...
https://www.hellenicshippingnews.com/iron-ore-extends-losses-on-weak-china-demand-slow-factory-activity/The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Tuesday, supported by higher rates for capesize vessels. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, rose 13 points, or 0.7%, to 1,958 points. The capesize index gained 59 points, or 2%, ...
https://www.hellenicshippingnews.com/baltic-index-rises-on-firmer-capesize-rates/
https://www.hellenicshippingnews.com/baltic-index-rises-on-firmer-capesize-rates/More Capesizes have been added to the global orderbook over the past week, according to shipbroker reports. In its latest one, shipbroker Banchero Costa said that “in the bulk sector, China’s Taizhou Kouan Shipbuilding secured an order for 2 x 210,000 DWT Newcastlemax vessels from China Huarong Financial. Since the order is between two Chinese ...
https://www.hellenicshippingnews.com/more-capesizes-added-to-the-global-orderbook/
https://www.hellenicshippingnews.com/more-capesizes-added-to-the-global-orderbook/Greece’s Latsco Shipping has firmed up its move into container shipping, exercising options for two additional 1,900 teu vessels at China’s Huangpu Wenchong Shipbuilding. According to brokers, the Paris Kassidokostas-Latsis-led owner has confirmed the extra pair, with delivery scheduled for June and August 2028. The decision follows an initial order placed earlier this year for …
https://splash247.com/latsco-firms-up-boxship-brace-at-huangpu-wenchong/
https://splash247.com/latsco-firms-up-boxship-brace-at-huangpu-wenchong/Greek dry bulk owner Diana Shipping has sealed a fresh charter deal with MOL Ocean Bulk and extended another with Bunge, adding up to around $12.5m in gross revenue for the two vessels. The New York-listed company said it fixed its 2012-built 206,104 dwt newcastlemax Los Angeles to MOL at $24,000 per day, less 5% …
https://splash247.com/diana-shipping-nets-12-5m-from-fresh-mol-and-bunge-charters/
https://splash247.com/diana-shipping-nets-12-5m-from-fresh-mol-and-bunge-charters/Chinese bulker owner Fujian Guohang Ocean Shipping has scrapped plans to build two 73,800 dwt bulk carriers at Jiangsu Haitong Offshore Engineering Equipment, saying the ships no longer fit its strategic direction. The Beijing Stock Exchange-listed company’s board approved the decision to terminate the construction contract, which was part of a four-plus-two series originally signed …
https://splash247.com/fujian-guohang-drops-two-bulker-orders-at-jiangsu-haitong/
https://splash247.com/fujian-guohang-drops-two-bulker-orders-at-jiangsu-haitong/Greek tanker owner Performance Shipping has signed a fresh two-year charter deal for its 2013-built aframax P Long Beach with ExxonMobil’s shipping arm, SeaRiver Maritime. The 105,408 dwt vessel will start the new employment at a daily rate of $30,500 upon redelivery from its current charterer, expected around mid-December 2025. The agreement adds about $21.35m …
https://splash247.com/performance-shipping-aframax-lands-two-year-exxonmobil-charter/
https://splash247.com/performance-shipping-aframax-lands-two-year-exxonmobil-charter/