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Today, Tuesday, October 20 2026, the Baltic Dry Index climbed 47 points, 2593 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 a ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2593-up-47-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2593-up-47-points/The tanker market has entered such extraordinary territory that independent owners could be making an additional $400m a day above their original earnings expectations, a windfall that, if sustained for a year, would almost match the entire container shipping industry’s profits during its pandemic-era boom. In its latest weekly report, broker Hartland estimates that independent …
https://splash247.com/tanker-earnings-defy-all-historical-comparisons/
https://splash247.com/tanker-earnings-defy-all-historical-comparisons/German shipowner and manager Reederei Nord has reshuffled its Hamburg leadership, promoting two long-serving executives to senior management roles as chief executive Kurt Klemme shifts more of his attention to shipping investments and new projects. John Wessel has been named chief financial officer, while Pit Neubert takes over as chief operating officer. Both will serve …
https://splash247.com/reederei-nord-reshuffles-top-team/
https://splash247.com/reederei-nord-reshuffles-top-team/Mediterranean Shipping Co (MSC) has been confirmed as a joint buyer of Romania’s bankrupt Mangalia shipyard, teaming up with German defence giant Rheinmetall in a €138m deal to revive one of Europe’s largest shipbuilding facilities. As Splash reported last week, Rheinmetall secured the Black Sea yard at auction, but today’s announcement confirms that the Aponte-controlled …
https://splash247.com/msc-joins-rheinmetall-in-e138m-romanian-shipyard-takeover/
https://splash247.com/msc-joins-rheinmetall-in-e138m-romanian-shipyard-takeover/Vietnamese shipowner Hai An Transport and Stevedoring has approved an investment of up to $70m in two feeder containerships at a Chinese shipyard, adding another pair of vessels to its expanding newbuilding programme. The Ho Chi Minh Stock Exchange-listed company has outlined plans for two 1,928 teu vessels at Guangzhou Wenchong Shipyard, with China Shipbuilding …
https://splash247.com/hai-an-lines-up-70m-feeder-newbuild-investment/
https://splash247.com/hai-an-lines-up-70m-feeder-newbuild-investment/In an industry where a position list is a competitive weapon, the question is no longer just how to comply—but where carbon decisions are made and who controls the data behind them, said Argyris Zafeiropoulos, principal advisor at Resilience & Compliance Advisory. With the EU Emissions Trading System fully phased into shipping and FuelEU Maritime …
https://splash247.com/who-owns-shippings-carbon-decisions/
https://splash247.com/who-owns-shippings-carbon-decisions/Viking Yacht Company is evaluating WhaleSpotter, an artificial intelligence (AI) whale detection system, aboard its new Viking 70 Convertible demonstration vessel. The technology uses thermal imaging and AI to identify whales ahead of moving vessels…
https://www.marinelink.com/news/viking-yachts-tests-ai-whale-detection-543768
https://www.marinelink.com/news/viking-yachts-tests-ai-whale-detection-543768Crowley has accepted delivery of Venture, a new chartered tug that will provide ship assist and escort operations in the ports of Los Angeles and Long Beach. The addition of the vessel expands Crowley’s capability to serve customers calling on the Southern California gateway…
https://www.marinelink.com/news/tug-venture-delivered-crowley-543770
https://www.marinelink.com/news/tug-venture-delivered-crowley-543770Mitsubishi Heavy Industries (MHI) has signed an agreement with Shimonoseki City in Japan's Yamaguchi Prefecture to acquire industrial land on the artificial island of Choshu Dejima, supporting a major expansion of its shipbuilding capacity.The project…
https://www.marinelink.com/news/mhi-invest-m-japan-shipbuilding-expansion-543772
https://www.marinelink.com/news/mhi-invest-m-japan-shipbuilding-expansion-543772U.S. Representative Salud Carbajal (D-CA-24) has called on the Department of Homeland Security (DHS) to explain its oversight of Jones Act waivers following reports that foreign-flagged vessels transported more than $40 million in petroleum products between U.S.
https://www.marinelink.com/news/carbajal-questions-dhs-oversight-jones-543773
https://www.marinelink.com/news/carbajal-questions-dhs-oversight-jones-543773