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Today, Wednesday, January 28 2026, the Baltic Dry Index climbed by 17 points, reaching 2016 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-climbs-to-2016-up-17-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2016-up-17-points/Denmark-based offshore wind vessel player Cadeler has signed a preferred supplier agreement with an undisclosed client for the transportation and installation of monopiles and transition pieces at a large European offshore wind farm. The installation campaign is expected to commence in the first half of 2028 and to be executed using two of Cadeler’s wind …
https://splash247.com/cadeler-strengthens-offshore-wind-pipeline-with-2028-campaign/
https://splash247.com/cadeler-strengthens-offshore-wind-pipeline-with-2028-campaign/A federal judge in Boston has dealt another blow to the Trump administration’s offshore wind crackdown, granting Vineyard Wind a preliminary injunction to resume construction of the 806MW project. US District Judge Brian Murphy ruled that the 95% complete Vineyard Wind, which is already producing electricity and feeding it to the New England grid, showed …
https://splash247.com/fourth-us-offshore-wind-project-beats-trumps-construction-halt/
https://splash247.com/fourth-us-offshore-wind-project-beats-trumps-construction-halt/Nippon Yusen Kaisha (NYK) and Stolt-Nielsen have taken direct stakes in low‑carbon fuel start‑up XFuel, backing a $20m Series A that aims to push waste‑based drop‑in bunkers from lab to commercial scale. The Mallorca‑based company confirmed it has closed a $20m equity round – including a recent extension – with NYK and Stolt Ventures, the …
https://splash247.com/nyk-and-stolt-nielsen-back-spanish-alternative-fuel-developer/
https://splash247.com/nyk-and-stolt-nielsen-back-spanish-alternative-fuel-developer/In a tripartite collaboration, Vinssen, a maritime specialist in hydrogen fuel cells and integrated system solutions, Samsung Heavy Industries (SHI), and Amogy, an ammonia-to-power solutions provider, have signed a joint development project agreement to develop and commercialise an ammonia-to-power pack for ships. The system is designed to replace conventional marine diesel generators. It converts ammonia …
The secondhand tanker market has delivered yet another exceptionally active week, with VLCCs once again drawing strong interest from buyers. One noticeable shift is the tightening availability of modern VLCCs, following Sinokor’s aggressive move to secure tonnage over the past eight weeks. Market sources tell Splash that a five-year-old Chinese-owned VLCC, CSSC Liaoning—built by Dalian Shipbuilding …
https://splash247.com/five-year-old-vlcc-fetches-112m/
https://splash247.com/five-year-old-vlcc-fetches-112m/UK-based VLCC pool operator Tankers International has officially pushed into the suezmax market, broadening its platform as crude trades and trading patterns continue to shift. The move marks a significant expansion for the company, long known as a VLCC specialist, and comes with the formation of a dedicated suezmax pool. As part of the launch, …
https://splash247.com/tankers-international-steps-beyond-vlccs-with-suezmax-pool-launch/
https://splash247.com/tankers-international-steps-beyond-vlccs-with-suezmax-pool-launch/As the Year of the Horse approaches, optimism is running through parts of the shipping industry — but so are concerns about the pace and scale of change now hitting the sector. For Captain John Lloyd, chief executive of the Nautical Institute, opportunity and risk are closely linked. New technology, fresh regulation and alternative fuels …
https://splash247.com/nautical-institute-shippings-future-still-hinges-on-people-not-just-tech/
https://splash247.com/nautical-institute-shippings-future-still-hinges-on-people-not-just-tech/The International Chamber of Shipping (ICS) has published its latest annual flag state performance table, accessible here, giving the shipping industry a clear overview of which registers to avoid. The study provides an objective, data-driven assessment of performance based on criteria such as Port State Control statistics and ratification of International Maritime Organization (IMO) and …
https://splash247.com/ics-flag-table-names-and-shames/
https://splash247.com/ics-flag-table-names-and-shames/Veson Nautical has published its annual rankings of the top 10 shipowning nations with landlocked Switzerland noticeably climbing the ranks. Switzerland entered the top 10 list last year, in ninth spot, largely down to the Aponte family’s Mediterranean Shipping Co (MSC), the world’s largest containerline and a giant brand in cruise shipping. Switzerland now ranks …
https://splash247.com/apontes-propel-switzerland-higher-up-the-shipowning-ranks/
https://splash247.com/apontes-propel-switzerland-higher-up-the-shipowning-ranks/