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Ordering of alternative-fueled vessels is continuing to grow in 2025, despite a slowdown in the overall newbuild market. According to data from DNV’s Alternative Fuels Insight (AFI) platform, new orders for alternative-fueled vessels reached…
https://www.marinelink.com/news/alternative-fuel-vessels-orders-continue-527506
https://www.marinelink.com/news/alternative-fuel-vessels-orders-continue-527506Today, Tuesday, July 1 2025, the Baltic Dry Index decreased by 31 points, reaching 1458 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-1458-down-31-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1458-down-31-points/The UK Crown Estate, which manages King Charles’ public property, has reported an annual net profit of £1.15bn ($1.57bn), with most of it coming from the offshore wind farm leasing tender Round 4. This year’s profit brings the total contribution from the Crown Estate to the Treasury to £5bn ($6.9bn) over the past decade. Of …
https://splash247.com/crown-estate-rakes-in-over-1-5bn-in-profits-thanks-to-offshore-wind/
https://splash247.com/crown-estate-rakes-in-over-1-5bn-in-profits-thanks-to-offshore-wind/Wolfgang Lehmacher and Mikael Lind discuss the recent launch of project44’s Movement platform. It is not every day that a supply chain technology heavyweight announces a new game. But that is what happened when Chicago-based project44 introduced its latest platform, the next-generation Movement. The press release promised a “Decision Intelligence Platform” that would automate and …
https://splash247.com/why-the-future-of-shipping-platforms-lies-in-collaboration-not-control/
https://splash247.com/why-the-future-of-shipping-platforms-lies-in-collaboration-not-control/China’s Winning Shipping is pushing ahead with its fleet expansion plans, seemingly unshaken by the Guinean government’s recent crackdown on foreign operators. The world’s largest bauxite carrier has just added its first newcastlemax of the year, acquiring the 204,000 dwt Ocean Prometheus from Mitsui OSK Lines, Splash can reveal. The 2007-built ship, constructed at Japan’s …
https://splash247.com/winning-shipping-acquires-a-newcastlemax/
https://splash247.com/winning-shipping-acquires-a-newcastlemax/The handysize sale-and-purchase market roared to life in June, racking up the strongest sales tally of the year so far. More than 10 ships hanged hands last month, with four deals inked just last week. Japanese-built tonnage continues to command a premium, with buyers shrugging off age in favour of build pedigree, engine spec, and …
https://splash247.com/japanese-built-handysizes-rule-as-sp-market-heats-up/
https://splash247.com/japanese-built-handysizes-rule-as-sp-market-heats-up/Famous names in local shipping circles such as Caravel’s Angad Banga, SeaKapital’s Sabrina Chao, Bjorn Hojgaard from Anglo-Eastern, Valles Steamship’s Wellington Koo and Alan Tung from Island Navigation are board members on the brand new Hong Kong Maritime and Port Development Board (HKMPDB), which launched today, the latest initiative from the Chinese city to reassert …
https://splash247.com/hong-kongs-new-maritime-board-eyes-a-comeback/
https://splash247.com/hong-kongs-new-maritime-board-eyes-a-comeback/Starting today, it will be illegal for cargo ships to discharge toilet wastewater, sulphuric wash water, and scrubber sludge into Finnish coastal waters, marking a global first in maritime environmental regulation. The new rules, approved by Finland’s parliament in December 2024, put the Nordic nation at the forefront of marine pollution control, building on earlier …
https://splash247.com/finland-bans-ship-waste-discharges-in-first-for-maritime-environmental-law/
https://splash247.com/finland-bans-ship-waste-discharges-in-first-for-maritime-environmental-law/Gianluigi Aponte’s Mediterranean Shipping Co (MSC) is pressing ahead with megamax containership fleet expansion through a new shipbuilding deal in China. The Swiss-based liner giant has ordered up to six 22,000 teu newbuilds from China Merchants Heavy Industries’ Haimen shipyard. Shipbuilding sources estimate each LNG dual-fuel ship at more than $200m, with deliveries expected to …
https://splash247.com/msc-ramps-up-megamax-expansion-with-1-2bn-shipbuilding-deal-in-china/
https://splash247.com/msc-ramps-up-megamax-expansion-with-1-2bn-shipbuilding-deal-in-china/One of the most famous names in French shipping has been sold to private equity. The Louis-Dreyfus family, shareholder of Louis Dreyfus Armateurs (LDA), has sold an 80% stake in the shipowner to Paris-headquartered InfraVia Capital Partners for an undisclosed sum in a deal that was first discussed in public in February. The Louis-Dreyfus family …
https://splash247.com/louis-dreyfus-armateurs-sold-to-private-equity/
https://splash247.com/louis-dreyfus-armateurs-sold-to-private-equity/