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Today, Friday, September 25 2026, the Baltic Dry Index decreased by 47 points, reaching 3426 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-3426-down-47-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-3426-down-47-points/Shipping spent another week discovering that the same forces making it extraordinarily profitable are also storing up the ingredients for its next downturn. The headline number came from Clarksons. Its cross-sector ClarkSea Index reached $64,569 a day, 27% above the previous all-time high set during the feverish markets of 2007. Unlike many historic shipping booms, …
https://splash247.com/splash-wrap-the-boom-and-the-bill/
https://splash247.com/splash-wrap-the-boom-and-the-bill/Trafigura-backed Volare Shipping has completed a $500m equity raise ahead of its planned Oslo listing, putting a post-money value of around NOK11.5bn ($1.2bn) on the newly created VLCC owner. The Singapore-incorporated company allocated 30.7m new shares at NOK154 apiece in a private placement that was significantly oversubscribed, drawing in shipping industry investors, family offices and …
https://splash247.com/volare-hits-1-2bn-valuation-after-500m-raise/
https://splash247.com/volare-hits-1-2bn-valuation-after-500m-raise/Panama’s long retreat from the top of the global ship registry rankings has reached another milestone, with the once dominant flag now overtaken by the Marshall Islands to fall into third place. The latest Clarksons Research data, dated September 1, shows the Marshall Islands fleet at 212.7m gt, comfortably ahead of Panama on 196m gt. …
https://splash247.com/panama-slips-to-third-in-global-flag-rankings/
https://splash247.com/panama-slips-to-third-in-global-flag-rankings/Shipping companies have been forced to rethink how they plan, invest and manage risk as the industry moves deeper into an era of overlapping geopolitical, technological and regulatory disruption, senior executives told nearly 300 delegates attending the opening Big Issues session at Splash Singapore yesterday. Splash editor Sam Chambers framed the discussion around a decade …
https://splash247.com/how-the-resilience-premium-is-reshaping-shipping/
https://splash247.com/how-the-resilience-premium-is-reshaping-shipping/Some 80 countries demanded the urgent reopening of the Strait of Hormuz on Thursday and condemned Iran and its Houthi allies for attacks in the region and disruption to international trade and energy security."Iran's actions in the Strait of Hormuz continue to threaten international security and nav
https://www.marinelink.com/news/countries-demand-hormuz-reopening-un-543248
https://www.marinelink.com/news/countries-demand-hormuz-reopening-un-543248The cost of insuring an oil tanker loaded from Saudi Arabia's main Red Sea port has tripled in recent weeks, industry sources told Reuters, adding to the major crude producer's struggles to find a viable channel for its exports.Saudi Arabia…
https://www.marinelink.com/news/oil-tanker-insurance-triples-amidst-543249
https://www.marinelink.com/news/oil-tanker-insurance-triples-amidst-543249The US Senate is nearing a deal to reform laws to speed up permitting of large infrastructure projects after the White House compromised on how renewable energy is treated, though a vote is uncertain before the midterm elections, a top Senate Democrat said on Thursday.Senators Sheldon Whitehouse, th
https://www.marinelink.com/news/us-senate-nears-completion-energy-543250
https://www.marinelink.com/news/us-senate-nears-completion-energy-543250There were eight suicide attempts among US sailors on board the Abraham Lincoln carrier strike group during its extended 286 consecutive-day deployment at sea, the Pentagon told a lawmaker in a written response to questions.The nuclear-powered Lincoln…
https://www.marinelink.com/news/eight-suicide-attempts-recorded-during-543251
https://www.marinelink.com/news/eight-suicide-attempts-recorded-during-543251Russia plans to raise more than 200 billion roubles ($2.35 billion) from exporters to finance the construction of icebreakers for its Arctic sea route, according to a draft government decree published this week.Russia is seeking additional sources…
https://www.marinelink.com/news/russia-raise-b-arctic-icebreaker-543252
https://www.marinelink.com/news/russia-raise-b-arctic-icebreaker-543252