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FREIGHT MARKET OVERVIEW The Baltic Dry Index is approaching the 3,000-point threshold, supported by sustained gains across all major vessel segments, with the Capesize market continuing to lead the rally at +149% year-on-year. Current index levels represent the strongest performance recorded since 2023, reflecting a marked improvement in freight market sentiment, particularly in the Capesize ...
https://www.hellenicshippingnews.com/dry-bulk-vessel-crossings-in-the-strait-falling-to-zero/
https://www.hellenicshippingnews.com/dry-bulk-vessel-crossings-in-the-strait-falling-to-zero/Seaborne coal cargoes from Australia are finding new destinations, as China’s share during the first quarter of 2026 has shrunk. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Mar 2026, global seaborne coal loadings declined by -1.7% y-o-y to 303.9 mln t (excluding cabotage), based on vessel tracking data from AXS Marine. ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-australian-coal-exports-on-the-rise-but-chinas-share-diminishing/A new offshore vessel operator has emerged in Brazil following the sale and rebranding of the former Maersk Supply Service business in the country. The operation, previously known as Maersk Supply Service Brazil, will now operate under the name Navvik after being acquired by a consortium formed by ASM Texas Corp and FV Star One. …
https://splash247.com/maersk-supply-services-brand-disappears-in-brazil-as-navvik-launches/
https://splash247.com/maersk-supply-services-brand-disappears-in-brazil-as-navvik-launches/MISC Group (MISC) named two new generation Liquefied Natural Gas (LNG) carriers, Seri Dian and Seri Dayang, on May 7, 2026. The addition of these vessels further strengthens its long-standing partnership with SeaRiver Maritime LLC (SRM), a wholly…
https://www.marinelink.com/news/misc-names-lng-carrier-vessel-pair-538968
https://www.marinelink.com/news/misc-names-lng-carrier-vessel-pair-538968Descartes Systems Group has released its May Global Shipping Report which found that U.S. container imports decreased by 3.2% in April 2025, as trade uncertainty and geopolitical risks persist.In April 2026, U.S. container import volumes decreased by 3.2% over March to 2…
https://www.marinelink.com/news/us-container-imports-fall-april-descartes-538969
https://www.marinelink.com/news/us-container-imports-fall-april-descartes-538969UTC Overseas and Transoceanic Development have launched UTC Transoceanic (UTC Transo), a joint venture aimed at supporting the growing logistics needs of energy, power and industrial infrastructure projects along the U.S. Gulf Coast.Headquartered in New Orleans…
https://www.marinelink.com/news/utc-overseas-transoceanic-launch-us-gulf-538970
https://www.marinelink.com/news/utc-overseas-transoceanic-launch-us-gulf-538970Ta San Shang Marine (TSSM), a joint venture between Mitsui O.S.K. Lines (MOL) and Taiwan’s Ta Tong Marine, has taken delivery of a new commissioning service operation vessel (CSOV), the TSS Cruiser, which is now ready to support offshore wind…
https://www.marinelink.com/news/tss-cruiser-csov-ready-support-taiwans-538972
https://www.marinelink.com/news/tss-cruiser-csov-ready-support-taiwans-538972Lloyd’s Register (LR) has granted an Approval in Principle (AiP) to Wison New Energies for a harsh-environment floating production storage and offloading (FPSO) design featuring an internal turret mooring system.The FPSO concept is aimed at offshore developments in demanding metocean conditions…
https://www.marinelink.com/news/lloyds-register-approves-wisons-internal-538974
https://www.marinelink.com/news/lloyds-register-approves-wisons-internal-538974ABS and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) signed a memorandum of understanding to cooperate on digital technologies to strengthen safety and performance in shipbuilding.The agreement establishes a framework for the organizations to collaborate on Digital Threads…
https://www.marinelink.com/news/abs-hd-ksoe-collaborate-digital-538977
https://www.marinelink.com/news/abs-hd-ksoe-collaborate-digital-538977The guidebooks and river cruise itinerary for the Nile River cruise were studied and neatly packed for my trip, but nothing really preparedme for what surely is a once-in-a-lifetime chance to savor firsthand and physically close some of the…
https://www.marinelink.com/news/first-person-exploring-nile-river-538981
https://www.marinelink.com/news/first-person-exploring-nile-river-538981