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Capesize The market staged an impressive recovery over the course of the week, reversing Monday’s subdued sentiment to finish on a firmly bullish note. What began with thin cargo volumes, cautious trading and limited miner participation gradually evolved into a broad-based rally, underpinned by improving activity and growing owner confidence across both the Pacific and ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-end-the-week-on-firm-note/
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-end-the-week-on-firm-note/India imported nearly 13% less coal in April than a year ago, even as electricity demand rose. The government said better domestic coal supplies reduced the need for imports, although coking coal imports for the steel sector edged up due to limited domestic availability. India’s coal imports fell 12.95% year-on-year in April 2026 to 21.13 ...
https://www.hellenicshippingnews.com/india-imports-less-coal-despite-higher-power-demand/
https://www.hellenicshippingnews.com/india-imports-less-coal-despite-higher-power-demand/The second quarter of 2026 saw coal flows accelerate as Arabian Gulf supply disruptions redirected Asian power demand, while iron ore held flat and bauxite continued its steady climb. Global seaborn iron ore flows stayed flat y/y, at 440.5mt in 2026 Q2 Global seaborn coal flows surged to 353.1mt, up 6% y/y in 2026 Q2 ...
https://www.hellenicshippingnews.com/signal-ocean-major-bulk-look-back-2026-q2/
https://www.hellenicshippingnews.com/signal-ocean-major-bulk-look-back-2026-q2/Dry bulk demand could be impacted by the steadily falling Chinese coal imports. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-May 2026, global seaborne coal loadings increased by +2.3% yo-y to 527.6 mln t (excluding cabotage), based on vessel tracking data from AXS Marine. In Jan-May 2026, exports from Indonesia declined ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-chinas-coal-imports-keep-declining/
https://www.hellenicshippingnews.com/dry-bulk-shipping-chinas-coal-imports-keep-declining/Today, Friday, July 03 2026, the Baltic Dry Index climbed 67 points, reaching 2717 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-2717-up-67-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2717-up-67-points/French oil and gas major TotalEnergies has sold its 85% interest in Block 2E offshore Malaysia, representing a net interest of 8.5% in the Marjoram gas field, to Inpex for $350m. Through this transaction, TotalEnergies has realised the full value of its minority interest in a non-operated gas project, enabling it to focus on its …
https://splash247.com/totalenergies-pockets-350m-from-malaysia-asset-sale/
https://splash247.com/totalenergies-pockets-350m-from-malaysia-asset-sale/Norwegian unions representing workers on drilling rigs and floating production platforms have struck a wage deal with employers, avoiding a strike that would have affected more than 600 people on key offshore assets. The last-minute deal was reached on Thursday evening, close to the midnight deadline, the Norwegian Shipowners’ Association said, which represented employers in …
https://splash247.com/last-minute-pay-deal-averts-norwegian-rig-workers-strike/
https://splash247.com/last-minute-pay-deal-averts-norwegian-rig-workers-strike/Regional maritime security states have issued an urgent appeal for international action as conditions deteriorate aboard the Palau-flagged tanker Honour 25, whose 17 crew have been held captive for more than two months. The vessel was hijacked on April 24 and remains under pirate control. According to the latest communication from the master, all crew …
https://splash247.com/piracy-hostages-face-worsening-conditions-off-somalia/
https://splash247.com/piracy-hostages-face-worsening-conditions-off-somalia/PSA Vietnam has signed an agreement to invest in Lach Huyen Port Investment Joint Stock Company to jointly develop and operate four deepsea container berths at Lach Huyen Port in Haiphong. The project, being developed with Lach Huyen International Logistics & Industrial Park, will have annual handling capacity of 4.5m teu once fully completed, strengthening …
https://splash247.com/psa-to-invest-in-new-deepsea-container-hub-in-northern-vietnam/
https://splash247.com/psa-to-invest-in-new-deepsea-container-hub-in-northern-vietnam/Canada has moved closer to opening a major new crude export route to Asia, advancing plans for a Pacific Coast pipeline that could add more than 1m barrels per day of tanker-loading capacity from southern British Columbia. Prime minister Mark Carney and Alberta premier Danielle Smith unveiled the proposed route this week, saying the line …
https://splash247.com/canada-pipeline-plan-points-to-bigger-pacific-tanker-trade/
https://splash247.com/canada-pipeline-plan-points-to-bigger-pacific-tanker-trade/