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Today, Friday, October 24 2025, the Baltic Dry Index decreased by 66 points, reaching 1991 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-1991-down-66-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1991-down-66-points/US owner Otto Candies has expanded its fleet with the acquisition of four multipurpose support vessels (MPSVs) from Harvey Gulf International Marine, marking one of the largest offshore support transactions in the US Gulf in recent years. The deal includes the Harvey Blue-Sea, Harvey Sub-Sea, Harvey Deep-Sea, and Harvey Intervention, all built between 2012 and …
https://splash247.com/otto-candies-snaps-up-harvey-gulf-mpsv-fleet/
https://splash247.com/otto-candies-snaps-up-harvey-gulf-mpsv-fleet/US LNG developer Delfin Midstream has awarded South Korean shipbuilder Samsung Heavy Industries a contract for its first floating LNG (FLNG) vessel, marking a key step toward a final investment decision expected in November this year. The agreement grants Delfin exclusive rights to SHI’s dock for the construction of the first FLNG vessel for the …
https://splash247.com/delfin-heads-to-south-korea-for-its-first-us-flng-unit/
https://splash247.com/delfin-heads-to-south-korea-for-its-first-us-flng-unit/US president Donald Trump unveiled sweeping sanctions on Russia’s top oil producers, Rosneft and Lukoil, this week in his most extensive energy crackdown since returning to office. Aimed at forcing Moscow toward peace talks, the measures cut the companies off from US banking and dollar systems. The move is expected to halt Russian crude exports …
https://splash247.com/splash-wrap-sanctions-shadow-fleets-and-shifting-tides/
https://splash247.com/splash-wrap-sanctions-shadow-fleets-and-shifting-tides/Mikael Lind and Wolfgang Lehmacher map the new language of logistics. Transport reliability continues to frustrate the logistics sector. Despite massive investments in digital platforms, data lakes, and dashboards, performance across modes still depends on how well independent actors coordinate. The problem isn’t technology. It’s coordination. When a ship misses a berth window, a truck …
The world’s three largest containerlines are reflagging ships to the Indian register to take advantage of local cabotage laws and growing business around the shorelines of the world’s most populous nation. France’s CMA CGM was the first global liner to make the move this year, registering four vessels in India following on from a visit …
https://splash247.com/msc-and-maersk-join-cma-cgm-in-moving-tonnage-to-india/
https://splash247.com/msc-and-maersk-join-cma-cgm-in-moving-tonnage-to-india/South Korea’s Samsung Heavy Industries (SHI) has signed a memorandum of understanding (MoU) with compatriot Rainbow Robotics for the development and commercialisation of shipbuilding robots. The two companies plan to expand their cooperation, starting with the development of AI-equipped welding robots based on collaborative robots, and extending to mobile dual-arm robots and quadruped robots. Under …
https://splash247.com/samsung-heavy-readies-shipbuilding-robots/
https://splash247.com/samsung-heavy-readies-shipbuilding-robots/BOXBAY, a joint venture high-bay storage system between SMS Group and DP World originally installed in Dubai, is coming to Europe for the first time, signing a contract worth around $100m to build a facility at DP World’s London Gateway port. The 27,000 teu BOXBAY installation will be dedicated to empty container handling, stacking containers …
https://splash247.com/boxbay-brings-vertical-thinking-to-london-gateway/
https://splash247.com/boxbay-brings-vertical-thinking-to-london-gateway/UK-headquartered Zodiac Maritime has achieved another shipbuilding first, becoming the first client of Samsung Heavy Industries’ newly controlled Vietnam shipyard, committing to three firm conventionally fuelled suezmax tankers with options, priced at $80m per unit and delivering in 2028. Each vessel, with a capacity of approximately 157,000 dwt, will be constructed by Samsung Heavy at …
https://splash247.com/zodiac-maritime-takes-the-plunge-with-suezmax-orders-in-vietnam/
https://splash247.com/zodiac-maritime-takes-the-plunge-with-suezmax-orders-in-vietnam/Taylor Maritime has remained one of the most active sellers in the geared bulker segment. The London-listed outfit has now sold 50 ships since 2023, as the Ed Buttery-led owner continues to streamline its fleet in a buoyant secondhand market. The latest disposals include four completed sales during and just after the third quarter, generating …
https://splash247.com/taylor-maritime-hits-50-vessel-sales-milestone/
https://splash247.com/taylor-maritime-hits-50-vessel-sales-milestone/