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The U.S. Navy on Friday announced it has placed a $6.75 billion order with San Diego shipbuilder General Dynamics NASSCO for up to eight John Lewis Class (TAO-205) Fleet Replenishment Oilers. The ships are scheduled for delivery through January 2035.The Navy…
https://www.marinelink.com/news/us-navy-awards-billion-contract-eight-new-517053
https://www.marinelink.com/news/us-navy-awards-billion-contract-eight-new-517053The operation has started to tow a Greek-registered oil tanker stranded in the Red Sea after an attack by Houthi militants last month, a shipping source told Reuters on Saturday.Towing the 900-foot (274.2-metre) MV Sounion to safety is the first…
https://www.marinelink.com/news/salvors-begin-towing-stricken-tanker-517055
https://www.marinelink.com/news/salvors-begin-towing-stricken-tanker-517055Today, Monday, September 09 2024, the Baltic Dry Index climbed by 17 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-17-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1958-up-17-points/Russia’s coal exports to China fell 8% in the first half of the year from a year earlier to 45.5 million metric tons, Russia’s Energy Minister Sergei Tsivilev told TASS state news agency in remarks published on Monday. “We are currently at a plateau, and no sharp growth is expected,” TASS cited Tsivilev as saying. ...
https://www.hellenicshippingnews.com/russias-coal-exports-to-china-down-8-y-y-in-h1-tass-reports/
https://www.hellenicshippingnews.com/russias-coal-exports-to-china-down-8-y-y-in-h1-tass-reports/Iron ore futures prices rose on Monday after six days of losses, as hopes of fresh stimulus from top consumer China following a batch of tepid economic data lifted market sentiment. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 0.44% higher at 685 yuan ($96.35) a metric ton. ...
https://www.hellenicshippingnews.com/iron-ore-snaps-six-day-losing-streak-on-hopes-of-china-stimulus/The Baltic Exchange’s main sea freight index extended gains on Monday to touch its highest in close to two months, buoyed by higher rates for the capesize vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, added 17 points, or 0.9%, to 1,958. The index hit its best since ...
https://www.hellenicshippingnews.com/baltic-index-hits-near-two-month-peak-on-higher-capesize-rates/
https://www.hellenicshippingnews.com/baltic-index-hits-near-two-month-peak-on-higher-capesize-rates/Today, Tuesday, September 10 2024, the Baltic Dry Index decreased by 17 points, reaching 1941 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-1941-down-17-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1941-down-17-points/China’s coal imports rose 3% in August as utilities continued to stock up amid record-breaking hot weather, but rising renewable power generation appears to be slowly dampening the pace of import gains. August shipments stood at 45.84 million metric tons, data from the General Administration of Customs showed on Tuesday. However, that was down from ...
https://www.hellenicshippingnews.com/chinas-august-coal-imports-rise-3-as-heat-waves-spur-power-demand/China’s iron ore imports in August fell 1.38% from July and slipped 4.73% from a year earlier, customs data showed on Tuesday, as falling steel prices and a gloomy demand outlook dampened buyers’ appetite. China, the world’s largest iron ore consumer, brought in 101.39 million metric tons of the key steelmaking ingredient last month, according ...
https://www.hellenicshippingnews.com/china-august-iron-ore-imports-slide-on-steel-rout-soft-demand-outlook/The Baltic Exchange’s main sea freight index retreated on Tuesday after hitting its highest in nearly two months in the previous session, pressured by a dip in the capesize vessel segment. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 17 points, or 0.9%, to 1,941. The index hit ...
https://www.hellenicshippingnews.com/baltic-index-retreats-as-capesize-rates-dip-2/
https://www.hellenicshippingnews.com/baltic-index-retreats-as-capesize-rates-dip-2/