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Toro Corp has struck another related-party deal, selling one of its LPG carriers to an affiliate of chairman Petros Panagiotidis for $20m. The Nasdaq-listed owner is offloading the 2020-built, 4,700 cu m Dream Terrax to a subsidiary of Robin Energy, another Panagiotidis-controlled Nasdaq-listed vehicle. The sale, reviewed and cleared by independent directors on both companies’ …
https://splash247.com/petros-panagiotidis-firms-up-second-lpg-swap-between-toro-and-robin/
https://splash247.com/petros-panagiotidis-firms-up-second-lpg-swap-between-toro-and-robin/Oilfield services giant Baker Hughes has signed a multi-year agreement with Petrobras to extend the deployment of two stimulation vessels. The award, which followed an open tender, also includes the provision of associated chemicals and services. The 2008-built Blue Marlin and the 2013-built Blue Orca will deliver advanced chemical treatments to stimulate wells, maximising production …
https://splash247.com/baker-hughes-secures-petrobras-contract-extension-for-vessel-duo/
https://splash247.com/baker-hughes-secures-petrobras-contract-extension-for-vessel-duo/OceanWings has received a Type Approval Design Certificate (TADC) from DNV, marking a major milestone in the industrial validation of the company’s automated wingsail propulsion system.The certificate confirms that the design of the rigid OceanWings system…
https://www.marinelink.com/news/dnv-certifies-oceanwings-wind-assisted-530110
https://www.marinelink.com/news/dnv-certifies-oceanwings-wind-assisted-530110Offshore vessel operator Astro Offshore, an Adani Group company, has acquired five offshore vessels en bloc, raising its fleet size to 49 ships and strengthening its presence in West Africa.The deal includes four platform supply vessels (PSVs)…
https://www.marinelink.com/news/astro-offshore-expands-fleet-five-new-530111
https://www.marinelink.com/news/astro-offshore-expands-fleet-five-new-530111Offshore wind services firm Empire Energy and logistics giant Kuehne+Nagel have entered into a partnership to provide integrated solutions for offshore wind developers and OEMs, combining project delivery with global logistics capabilities.The…
https://www.marinelink.com/news/empire-energy-finds-offshore-wind-530113
https://www.marinelink.com/news/empire-energy-finds-offshore-wind-530113Baker Hughes has signed a multi-year contract with Petrobras to extend deployment of its Blue Marlin and Blue Orca stimulation vessels, supporting offshore oil and gas production in Brazil’s post and pre-salt fields.The award, which followed an open tender…
https://www.marinelink.com/news/baker-hughes-inks-multiyear-petrobras-530115
https://www.marinelink.com/news/baker-hughes-inks-multiyear-petrobras-530115The Maritime Just Transition Task Force (MJTTF) has released frameworks designed to facilitate the development of training programs for seafarers working on ships powered by ammonia, methanol and hydrogen.The training frameworks address the…
https://www.marinelink.com/news/mjttf-launches-seafarer-training-530116
https://www.marinelink.com/news/mjttf-launches-seafarer-training-530116Committed to minimizing such risks and creating a safe and seamless shipping experience for its customers, Emirates Shipping Line (ESL) has joined the World Shipping Council’s (WSC) recently launched Cargo Safety Program.The occurrence of ship fires continues on an upward trend…
https://www.marinelink.com/news/esl-joins-world-shipping-councils-cargo-530117
https://www.marinelink.com/news/esl-joins-world-shipping-councils-cargo-530117The Switch, a supplier of permanent magnet shaft generators, celebrates its 500th shaft generator order. This milestone underscores the company’s pivotal role in supporting the maritime industry’s transition to cleaner, more efficient shipping.Shaft…
https://www.marinelink.com/news/switch-celebrates-shaft-generator-orders-530118
https://www.marinelink.com/news/switch-celebrates-shaft-generator-orders-530118Today, Tuesday, September 16 2025, the Baltic Dry Index climbed by 01 points, reaching 2154 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-2154-up-01-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2154-up-01-points/