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The cargo ship Dali knocked down three main truss spans, constructed with connected steel elements forming triangles, on the Francis Scott Key Bridge just seconds after crashing into one of the bridge piers early on Tuesday morning, March 26…
https://www.marinelink.com/news/dali-hit-key-bridge-force-heavy-trucks-512842
https://www.marinelink.com/news/dali-hit-key-bridge-force-heavy-trucks-512842Bourbon Mobility on Tuesday announced it has ordered six new crewboats from shipbuilder PIRIOU for scheduled delivery in 2025.These new Surfer-type vessels will enhance the fleet operating in West Africa, offering customers a balance between modularity…
https://www.marinelink.com/news/bourbon-orders-six-crewboats-piriou-512844
https://www.marinelink.com/news/bourbon-orders-six-crewboats-piriou-512844Mazda Motor will probably have to temporarily move shipments to another port from Baltimore to avoid delays, the automaker's CEO said in a CNBC interview.The Port of Baltimore ranks first in the U.S. for volume of autos and light trucks and…
https://www.marinelink.com/news/mazda-may-temporarily-reroute-baltimore-512846
https://www.marinelink.com/news/mazda-may-temporarily-reroute-baltimore-512846Somerset, Mass. shipyard Gladding-Hearn Shipbuilding, Duclos Corporation, announced it has delivered the first of the Boston Pilots’ two Chesapeake-class pilot boats undergoing a comprehensive refit.“The vessels are well used and well maintained.
https://www.marinelink.com/news/gladdinghearn-refits-boston-pilots-vessel-512848
https://www.marinelink.com/news/gladdinghearn-refits-boston-pilots-vessel-512848China's Cosco Shipping confirmed that investment in Peru's Chancay port continues and that it expects a quick resolution to a pending question over exclusivity rights to the facility, a local executive told reporters on Tuesday.Carlos Tejada, the company's general manager in Peru, made the announcem
https://www.marinelink.com/news/cosco-shipping-sees-quick-resolution-peru-512849
https://www.marinelink.com/news/cosco-shipping-sees-quick-resolution-peru-512849Electronic Fuel Management Systems (EFMS) company Fueltrax reports it has opened a Vessel Operations Center in Kuala Lumpur, Malaysia.This is Fueltrax’s second such center and the first outside of the company’s headquarters in the U.S. It provides…
https://www.marinelink.com/news/fueltrax-opens-vessel-operations-center-512850
https://www.marinelink.com/news/fueltrax-opens-vessel-operations-center-512850Iron ore futures prices extended gains to a second straight session on Tuesday, underpinned by mounting hopes of improving demand for the key steelmaking ingredient in top consumer China in the coming weeks. The most-traded September iron ore on China’s Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade up 5.63% at 815.5 yuan ($112.73) per ...
https://www.hellenicshippingnews.com/iron-ore-extends-rally-on-hopes-of-improved-demand-in-china/
https://www.hellenicshippingnews.com/iron-ore-extends-rally-on-hopes-of-improved-demand-in-china/The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a fourteenth consecutive session on Tuesday as rates for the larger vessel segments slipped. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell by 24 points, or 1.5%, to 1,570 points, its ...
https://www.hellenicshippingnews.com/baltic-index-extends-decline-as-larger-vessel-rates-dip/
https://www.hellenicshippingnews.com/baltic-index-extends-decline-as-larger-vessel-rates-dip/China’s coal industry says it doesn’t expect imports to increase this year, but the evidence from the first quarter is that the appetite of the world’s biggest buyer remains ravenous. China’s imports of all grades of coal from the seaborne market were 97.43 million metric tons in the first quarter of 2024, up 16.9% from ...
https://www.hellenicshippingnews.com/chinas-first-quarter-coal-imports-surge-defying-gloomy-forecasts/The dry bulk fleet has aged as a result of minimal scrapping activity of late. In its latest weekly report, shipbroker Xclusiv said that “during Q1 2024, a total of 1.77 million DWT of bulk carriers and tankers were demolished. This is increased compared to Q4 of 2023, when a mere 1.16 million DWT were ...
https://www.hellenicshippingnews.com/bulker-fleet-ageing-as-demolition-activity-slows-down/
https://www.hellenicshippingnews.com/bulker-fleet-ageing-as-demolition-activity-slows-down/