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Today, Friday, May 1 2026, the Baltic Dry Index climbed 44 points, reaching 2730 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 hit ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2730-up-44-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2730-up-44-points/Abu Dhabi-based HEA Energy has secured a new operations and maintenance contract in Europe, strengthening its position in the offshore wind aftermarket. The company indicated that the campaign is set to begin in summer 2026, with work to be carried out in the North Sea using its jack-up barge HEA Hercules. The vessel has already …
https://splash247.com/hea-energy-lands-fresh-north-sea-wind-contract/
https://splash247.com/hea-energy-lands-fresh-north-sea-wind-contract/US offshore player Chouest Group has completed the acquisition of the Alliance business from compatriot Helix Energy Solutions, folding the unit into its recently formed Champagne Energy Solutions (CES). The move expands Chouest’s footprint in offshore decommissioning and plug and abandonment (P&A), building out a platform aimed at late-life asset management across the offshore energy …
https://splash247.com/chouest-builds-decommissioning-platform-with-helix-alliance-buy/
https://splash247.com/chouest-builds-decommissioning-platform-with-helix-alliance-buy/Oslo-listed Hunter Group has appointed Erik Mathiesen as interim chief executive, stepping in as the company prepares for a strategic shift tied to the expiry of its current charter exposure. Mathiesen’s mandate runs through to October 31 2026, following the board’s earlier decision that Erik Frydendal would step down from the top role as the …
https://splash247.com/hunter-group-installs-interim-ceo/
https://splash247.com/hunter-group-installs-interim-ceo/Euroseas has stepped up its investment in feeder tonnage, confirming four additional newbuild orders in China and lifting its orderbook to 10 vessels worth around $500m. The Aristides Pittas-led owner confirmed contracts for two 1,800 teu ships at Nantong CIMC Sinopacific Offshore & Engineering, alongside two 2,800 teu high-reefer vessels at Huanghai Shipbuilding. The 1,800 …
https://splash247.com/euroseas-details-expanded-newbuild-programme/
https://splash247.com/euroseas-details-expanded-newbuild-programme/Ireland-based Ardmore Shipping has moved to refresh its fleet with an order for two product and chemical tankers, while keeping the door open for further expansion. The New York-listed owner said it has signed contracts with China’s Wuhu Shipyard for 40,500 dwt pair, priced at $44.9m each. The deal also includes options for two additional …
https://splash247.com/ardmore-lines-up-tanker-newbuilds-in-china/
https://splash247.com/ardmore-lines-up-tanker-newbuilds-in-china/Greek containership owner Costamare has confirmed a major newbuilding programme in China, tying up 16 vessels on long-term charters with COSCO Shipping in a deal that locks in $2.8bn of contracted revenue. At the core of the move are 12 new 9,200 teu ships, due for delivery between the third quarter of 2028 and the …
https://splash247.com/costamare-confirms-boxship-newbuild-spree-backed-by-cosco/
https://splash247.com/costamare-confirms-boxship-newbuild-spree-backed-by-cosco/Following the most successful Geneva Dry to date, organisers are now focused on delivering the same topical, lively content and debate at the inaugural Splash Singapore, due to take place at the Fairmont Hotel on September 24. Built on eight editions of the Maritime CEO Forum Singapore and organised by the team behind shipping news …
https://splash247.com/geneva-dry-high-sets-the-stage-for-splash-singapore-debut/
https://splash247.com/geneva-dry-high-sets-the-stage-for-splash-singapore-debut/President Donald Trump said on Sunday that the United States would begin an effort to free up ships stranded in the Strait of Hormuz on Monday morning.Trump, in a post on his Truth Social site, gave few details about the operation, including whether the U.S. Navy would be involved.
https://www.marinelink.com/news/trump-us-help-free-ships-stranded-strait-538721
https://www.marinelink.com/news/trump-us-help-free-ships-stranded-strait-538721Capesize The market began the week lacking clear momentum, with sentiment broadly flat and activity unevenly distributed across the basins. The Pacific provided the main source of liquidity, supported by consistent miner presence and a steady flow of coal and tender cargoes. Despite this, rates remained constrained, with C5 trading within a relatively narrow range ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesize-market-lacking-momentum/
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesize-market-lacking-momentum/