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The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, retreated for a fourth straight session on Thursday, falling about 1% to a new low since January 26 at 1,936 points. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, decreased by 1.4% to 2,951 points; ...
https://www.hellenicshippingnews.com/baltic-dry-index-extends-slide-into-4th-day/
https://www.hellenicshippingnews.com/baltic-dry-index-extends-slide-into-4th-day/Japan’s Nippon Yusen Kaisha (NYK), together with Norwegian shipleasing player Ocean Yield, has locked in long-term charter contracts for a series of new liquefied natural gas carriers with US LNG heavyweight Cheniere. The fixture confirms market talk that emerged in December when NYK and Ocean Yield revealed plans for a firm quartet of LNG carrier …
https://splash247.com/nyk-and-ocean-yield-clinch-lng-carrier-deal-with-cheniere/
https://splash247.com/nyk-and-ocean-yield-clinch-lng-carrier-deal-with-cheniere/AD Ports Group is expanding its regional port footprint, signing a 30-year concession with Aqaba Development Corporation to manage and operate Jordan’s Aqaba multipurpose port. Under the deal, AD Ports will take a 70% stake in a new joint venture, with Aqaba Development Corporation holding the remaining 30%. The Abu Dhabi-listed group has committed AED …
https://splash247.com/ad-ports-secures-30-year-concession-to-run-aqaba-multipurpose-terminal/
https://splash247.com/ad-ports-secures-30-year-concession-to-run-aqaba-multipurpose-terminal/An explosion and subsequent fire have hit the MSC-operated container ship MSC Giada III while the vessel was approaching St Petersburg in Russia’s Neva Bay, according to vessel tracking data and regional response activity. The 2,732 teu, Liberia-flagged ship was en route from Belgium to St Petersburg when the blast occurred in the engine room, …
https://splash247.com/explosion-knocks-out-msc-boxship-near-st-petersburg/
https://splash247.com/explosion-knocks-out-msc-boxship-near-st-petersburg/MacGregor has been selected to supply a substantial 400-tonne Active Heave Compensated (AHC) subsea crane for a new 127-meter Floating Wind Farm Construction Vessel (FWCV).Purpose-built for the burgeoning floating offshore wind market, the new…
https://www.marinelink.com/news/macgregor-nets-ahc-subsea-crane-floating-535316
https://www.marinelink.com/news/macgregor-nets-ahc-subsea-crane-floating-535316Global operator of roll-on/roll-off carriers Sallaum Lines has taken delivery of the MV Ocean Legacy, a pure car and truck carrier (PCTC) that has joined its Ocean Class fleet.The delivery follows the recent entry into service of the MV Ocean…
https://www.marinelink.com/news/sallaum-lines-adds-lngfueled-pctc-fleet-535318
https://www.marinelink.com/news/sallaum-lines-adds-lngfueled-pctc-fleet-535318Maritime design and engineering consultancy Longitude has launched a new compact platform supply vessel (PSV) design D-Flex, aimed at improving cost efficiency for shipowners.The D-Flex PSV is the second design in Longitude’s IMT Isca series…
https://www.marinelink.com/news/longitude-unveils-compact-psv-design-535321
https://www.marinelink.com/news/longitude-unveils-compact-psv-design-535321Congressman Chuck Fleischmann (R-TN), Chairman of the House Energy and Water Development and Related Agencies Appropriations Subcommittee, was presented with Waterways Council, Inc.’s (WCI) 23rd Annual Leadership Service Award on February 4…
https://www.marinelink.com/news/wci-confers-leadership-awards-535326
https://www.marinelink.com/news/wci-confers-leadership-awards-535326Damen Shipyards Group announced the completion of sea trials for the latest Island Class ferry for BC Ferries. The seventh Island Class vessel in a series of ten undertook trials during weeks 49 and 50 last year in the Black Sea.Damen is currently…
https://www.marinelink.com/news/latest-bc-ferries-island-class-vessel-535328
https://www.marinelink.com/news/latest-bc-ferries-island-class-vessel-535328Fincantieri has signed a strategic agreement with Italian deep-tech company WSense to jointly develop and commercialize advanced wireless technologies for underwater applications, strengthening the shipbuilder’s position in subsea monitoring…
https://www.marinelink.com/news/fincantieri-wsense-partner-underwater-535331
https://www.marinelink.com/news/fincantieri-wsense-partner-underwater-535331