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In recent days, two ships have now been attacked in the Red Sea. One has sunk and the other has suffered extensive damage. These vessels have been attacked with callous disregard for the lives of innocent civilian seafarers and as an inevitable but terrible consequence…
https://www.marinelink.com/news/joint-statement-red-sea-attacks-ics-bimco-527791
https://www.marinelink.com/news/joint-statement-red-sea-attacks-ics-bimco-527791American Cruise Lines christened American Patriot in Newport, Rhode Island last week—celebrating the holiday and simultaneously marking the countdown to the country’s 250th birthday on July 4, 2026. American Patriot is the first ship in the…
https://www.marinelink.com/news/american-cruise-lines-christens-american-527792
https://www.marinelink.com/news/american-cruise-lines-christens-american-527792The Sofia city prosecutor's office said on Wednesday it had conducted an investigation into a 2023 gas deal between Turkish state gas company Botas and Bulgaria's Bulgargaz and searched the home of a former energy minister.Bulgargaz and Botas signed a 13-year deal in 2023…
https://www.marinelink.com/news/bulgaria-investigates-gas-deal-turkish-527796
https://www.marinelink.com/news/bulgaria-investigates-gas-deal-turkish-527796Four Seasons and Marc-Henry Cruise Holdings Ltd., Joint Owner and Operator of Four Seasons Yachts, announce the appointment of Ben Trodd as Chief Executive Officer of Marc-Henry Cruise Holdings Ltd., effective July 1, 2025. A trusted leader with global experience in luxury hospitality…
https://www.marinelink.com/news/four-seasons-yachts-appoints-new-chief-527798
https://www.marinelink.com/news/four-seasons-yachts-appoints-new-chief-527798Iron ore futures prices rose for a second straight session on Wednesday, aided by falling shipments and resilient demand, although mixed factory data in top consumer China curbed the gains. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.68% higher at 736.5 yuan ($102.59) a metric ton. The ...
https://www.hellenicshippingnews.com/iron-ore-extends-gain-on-falling-shipments-but-mixed-china-data-caps-gain/The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, slipped on Wednesday, pressured by lower rates for capesize vessels. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, dropped 8 points, or 0.6%, to 1,423 points. The contract hit its lowest level since June ...
https://www.hellenicshippingnews.com/baltic-index-slips-on-lower-capesize-vessel-rates/
https://www.hellenicshippingnews.com/baltic-index-slips-on-lower-capesize-vessel-rates/“During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large markets. Cargo loadings headed to China and advanced economies slowed considerably, partly due to stronger electricity generation from renewables and to weaker steel production,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. In recent years, China has ...
https://www.hellenicshippingnews.com/china-drives-6-drop-in-global-coal-shipments/
https://www.hellenicshippingnews.com/china-drives-6-drop-in-global-coal-shipments/Brokers’ sources tell Splash that Japanese owner Nissen Shipping has let go of one of its many modern capes, selling the 2020-built Bulk Ginza—a 182,900 dwt, Imabari-built cape—for just under $64m. The ship is noted to have been sold on a forward delivery basis and will be delivered to its new owner at the end …
https://splash247.com/genco-tied-to-nissen-cape-acquisition/
https://splash247.com/genco-tied-to-nissen-cape-acquisition/US president Donald Trump has signed an executive order to eliminate subsidies for green energy sources, more precisely wind and solar power, as he makes another step on his warpath against renewable energy. The order directs the secretary of the treasury to terminate the clean electricity production and investment tax credits for wind and solar …
https://splash247.com/trump-wipes-out-subsidies-for-wind-and-solar-power/
https://splash247.com/trump-wipes-out-subsidies-for-wind-and-solar-power/South Korean shipowner Sinokor Merchant Marine has placed an order with compatriot shipbuilder HD Hyundai, securing four containerships in a deal valued at KRW 834.8bn ($611m). HD Korea Shipbuilding & Offshore Engineering, the holding company of HD Hyundai, revealed the contract in a stock exchange filing, without disclosing the counterparty, but shipbuilding sources have named …
https://splash247.com/sinokor-books-four-boxships-at-hd-hyundai-yards/
https://splash247.com/sinokor-books-four-boxships-at-hd-hyundai-yards/