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The Executive Board of Everllence has appointed Stefan Eefting as its new Head of Americas. Eefting commences his position from July 1st, succeeding Mahesh Joshi who is leaving the company for a well-deserved retirement. Originally educated as a marine engineer in Bremerhaven…
https://www.marinelink.com/news/everllence-taps-eefting-head-americas-527563
https://www.marinelink.com/news/everllence-taps-eefting-head-americas-527563NYK has donated USD$7,000 (1 million yen) to support the reconstruction of a fisheries hatchery run by Daisen City in Akita Prefecture, Japan, continuing the company’s support from last year. On July 2, Tatsuya Shimomura, general manager of NYK’s Akita branch…
https://www.marinelink.com/news/nyk-donates-salmon-hatchery-527568
https://www.marinelink.com/news/nyk-donates-salmon-hatchery-527568Today, Wednesday, July 2 2025, the Baltic Dry Index decreased by 15 points, reaching 1443 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-1443-down-15-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1443-down-15-points/Denmark-based Cadeler has received a notice of termination from compatriot utility Ørsted for a long-term agreement for one of its wind farm installation newbuilds. The newbuild was booked to install turbine foundations at Ørsted’s Hornsea Three offshore wind farm, commencing in 2026. The vessel then won a deal in April for work on the Hornsea …
https://splash247.com/orsted-terminates-deal-for-cadelers-newbuild/
https://splash247.com/orsted-terminates-deal-for-cadelers-newbuild/Iranian logistics and shipping firm Nasim Bahr Kish has submitted a formal bid to acquire full ownership of Russia’s Astrakhan port, including a 25% stake currently held by the Russian state. The proposed RBL437.5m ($5.6m) deal would give the Tehran-based firm complete control over one of the Caspian Sea’s most critical transhipment terminals, as Iran …
https://splash247.com/iran-seeks-to-take-over-russias-astrakhan-port/
https://splash247.com/iran-seeks-to-take-over-russias-astrakhan-port/Mitsui E&S has been selected for a subsidy from Japan’s New Energy and Industrial Technology Development Organization (NEDO) to accelerate development of a hydrogen refuelling system tailored for next-generation cargo handling equipment, a step toward decarbonising port operations and scaling up the adoption of hydrogen-powered machinery at container terminals. The project will see Mitsui E&S …
https://splash247.com/mitsui-es-presses-ahead-with-hydrogen-powered-port-equipment-project/
https://splash247.com/mitsui-es-presses-ahead-with-hydrogen-powered-port-equipment-project/South Korean carrier HMM has submitted a letter of intent to expand its terminal in Algeciras, Spain. The plan, lodged with the Algeciras Port Authority, outlines an €150m ($177m) expansion project. HMM itself will invest €35m, with the remainder funded by CMA CGM, the terminal’s second-largest shareholder, along with external financing. The terminal, TTIA, is …
https://splash247.com/hmm-moves-to-expand-algeciras-terminal/
https://splash247.com/hmm-moves-to-expand-algeciras-terminal/Pierre Aury discusses all things nuclear shipping. The first wind-powered boats were sailing more than 5,000 years ago. Wind propulsion reached a golden age of sail in the mid-19th century, and the last commercial ocean-going sailing ship was the Pamir, which sank off the Azores in 1957. Built in 1905, she was 114 m long …
https://splash247.com/has-shipping-painted-itself-in-a-co2-corner/
https://splash247.com/has-shipping-painted-itself-in-a-co2-corner/BHP has signed five-year charter contracts with COSCO Shipping Bulk for two ammonia dual-fuelled newcastlemax bulk carriers. The two 210,000 dwt vessels, expected to be delivered from 2028, will primarily transport iron ore from Western Australia to Northeast Asia. BHP vice president of maritime and supply chain excellence, Emma Roberts, said: “We believe this investment …
https://splash247.com/bhp-signs-charters-with-cosco-for-ammonia-powered-newcastlemax-newbuilds/
https://splash247.com/bhp-signs-charters-with-cosco-for-ammonia-powered-newcastlemax-newbuilds/Taiwan’s TS Lines has bolstered its newbuilding programme through a new deal with a Chinese shipyard, Huangpu Wenchong Shipbuilding The intra-Asia focused carrier has commissioned five firm and five optional 5,000 teu vessels, each priced at about $62.5m and scheduled for delivery in 2028, according to shipbroking sources. The Guangzhou-based yard has become a key …
https://splash247.com/ts-lines-locks-in-up-to-10-newbuilds-at-huangpu-wenchong/
https://splash247.com/ts-lines-locks-in-up-to-10-newbuilds-at-huangpu-wenchong/