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“Between January and April 2025, dry bulk ship recycling has fallen 24% y/y, reaching a 17-year low despite a 35% y/y drop in the Baltic Dry Index (BDI). While weaker freight rates typically encourage the recycling of older and less profitable ships, high uncertainty over the demand outlook could be delaying recycling decisions,” says Filipe ...
https://www.hellenicshippingnews.com/dry-bulk-ship-recycling-falls-24-to-17-year-low/
https://www.hellenicshippingnews.com/dry-bulk-ship-recycling-falls-24-to-17-year-low/The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose to a more than one-week peak on Thursday on higher rates for capesize vessels. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was up 38 points, or 3%, to 1,305, its ...
https://www.hellenicshippingnews.com/baltic-index-hits-over-one-week-peak-on-higher-capesize-vessel-rates/Liner executives are reporting a dramatic pick-up in box bookings between China and the US this week as a 90-day mini-reprieve in the tariff war between the world’s two largest economies gets underway. The busier liner bookings have yet to translate into an immediate rate surge, but analysts are confident carriers will make strong profits …
Nasdaq-listed Greek dry bulk giant Star Bulk Carriers has confirmed sales of five older supramax vessels. The Athens-based company revealed in its first-quarter earnings report it had sold the 2005-built Star Omicron and the 2006-built Strange Attractor. Both ships have already been delivered and renamed Fu Chang and Ocean Melody, respectively. In addition, Star Bulk …
https://splash247.com/star-bulk-clears-out-five-ageing-supramaxes/
https://splash247.com/star-bulk-clears-out-five-ageing-supramaxes/Two weeks after the successful load out, the steel topside for the Hollandse Kust (west Beta) substation platform is ready to leave the port of Hoboken near Antwerp in the Netherlands for its final North Sea destination.The topside is schedule to leave the Dutch port on May 17…
https://www.marinelink.com/news/topside-hollandse-kust-west-beta-525773
https://www.marinelink.com/news/topside-hollandse-kust-west-beta-525773“Between January and April 2025, dry bulk ship recycling has fallen 24% y/y, reaching a 17-year low despite a 35% y/y drop in the Baltic Dry Index (BDI). While weaker freight rates typically encourage the recycling of older and less profitable ships…
https://www.marinelink.com/news/dry-bulk-ship-breaking-skids-year-low-525774
https://www.marinelink.com/news/dry-bulk-ship-breaking-skids-year-low-525774With approval from the Danish Emergency Management Agency, DanPilot and Danelec are now initiating a test program for remote pilotage—the first of its kind in the world. The approval marks a significant step towards a technological paradigm shift…
https://www.marinelink.com/news/denmark-launches-datadriven-remote-525782
https://www.marinelink.com/news/denmark-launches-datadriven-remote-525782In recognition of the International Day for Women in Maritime on May 18, 2025, Interferry is proud to spotlight Mrs. Supapan Pichaironarongsongkram, board member of Interferry and Chairperson of Chao Phraya Express Boat Co., Ltd., Bangkok, Thailand…
https://www.marinelink.com/news/interferry-spotlights-thai-maritime-525783
https://www.marinelink.com/news/interferry-spotlights-thai-maritime-525783Navantia UK has today appointed Donato Martínez as the company's new Chief Executive Officer. Mr Martinez succeeds Juan Ignacio de la Cueva, under whose leadership Navantia UK has accomplished the first steps of the integration of Harland & Wolff…
https://www.marinelink.com/news/navantia-uk-announces-new-ceo-525786
https://www.marinelink.com/news/navantia-uk-announces-new-ceo-525786The UK is not on track to meet its Clean Power 2030 target of between 43 and 51GW of offshore wind capacity, so the upcoming allocation round needs to be the most ambitious auction round yet. In its 2025 Offshore Wind Insight, Offshore Energies UK (OEUK) said the country would fall short of meeting its …
https://splash247.com/uk-needs-record-offshore-wind-round-to-maintain-green-energy-hopes/
https://splash247.com/uk-needs-record-offshore-wind-round-to-maintain-green-energy-hopes/