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The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, edged up 0.1% to 1,762 points on Friday, after decreasing by more than 2% in the prior day. The smaller supramax index added 7 points to 1,026 points, supporting the main index. Meanwhile, the capesize index, which typically transports 150,000-ton cargoes ...
https://www.hellenicshippingnews.com/baltic-dry-index-ticks-up-books-weekly-gain/
https://www.hellenicshippingnews.com/baltic-dry-index-ticks-up-books-weekly-gain/Search and rescue operations are continuing in the South China Sea after the Singapore-registered bulk carrier Devon Bay capsized and sank while en route to China. The Maritime and Port Authority of Singapore (MPA) said it was informed on January 23 that the 2013-built bulker had gone down while sailing towards Yangjiang. The crew had …
https://splash247.com/two-dead-four-missing-after-bulker-sinks-in-south-china-sea/
https://splash247.com/two-dead-four-missing-after-bulker-sinks-in-south-china-sea/Italian product tanker owner d’Amico International Shipping has added two MR2 product tankers to its orderbook, pressing ahead with a fleet renewal drive built around fuel efficiency and future fuels. The Milan-listed owner said its operating arm, d’Amico Tankers, has signed a shipbuilding contract with China’s Jiangsu New Yangzi Shipbuilding (YZJ) for two 50,000 dwt …
https://splash247.com/damico-doubles-down-on-mr-orders/
https://splash247.com/damico-doubles-down-on-mr-orders/Swan Defence and Heavy Industries (SDHI) has signed its first newbuild contract for six IMO Type II chemical tankers, marking a milestone for India’s commercial shipbuilding sector and the country’s first chemical tanker order placed with a domestic shipyard.The contract…
https://www.marinelink.com/news/indias-sdhi-books-m-chemical-tanker-order-534782
https://www.marinelink.com/news/indias-sdhi-books-m-chemical-tanker-order-534782Seatrium delivered FREDERICK PAUP to Manson Construction Co. Built at Seatrium’s Brownsville Texas yard, the Jones Act-compliant vessel is the largest self-propelled hopper dredger in US history.Key highlights:Largest in the U.S. – 420’ length x 81’ beam…
https://www.marinelink.com/news/largest-selfpropelled-hopper-dredger-us-534791
https://www.marinelink.com/news/largest-selfpropelled-hopper-dredger-us-534791Associated Terminals and Liebherr Maritime Cranes celebrated the christening of two CBG 500 E cranes in New Orleans, introducing the first all-electric transshipment cranes of their kind on the Lower Mississippi River. Each crane is engineered for high-volume bulk handling…
https://www.marinelink.com/news/associated-terminals-takes-a-pair-534793
https://www.marinelink.com/news/associated-terminals-takes-a-pair-534793At a general meeting of Kongsberg Gruppen on Thursday afternoon, the separation of Kongsberg Maritime was formally approved by the shareholders. The plan is to list the maritime company on the Oslo Stock Exchange on April 23.Kongsberg Gruppen ASA, as we know it today, will continue as two companies.
https://www.marinelink.com/news/kongsberg-maritime-formally-separates-534800
https://www.marinelink.com/news/kongsberg-maritime-formally-separates-534800Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of two newbuild, 82,500 dwt, dry-bulk, Chinese, Kamsarmax class vessels, with scheduled delivery dates in the third quarter of 2028 and the first quarter of 2029. The newbuild vessels are designed to ...
https://www.hellenicshippingnews.com/safe-bulkers-inc-announces-agreement-for-the-acquisition-of-two-newbuild-kamsarmax-class-dry-bulk-vessels/Today, Friday, January 23 2026, the Baltic Dry Index climbed by 01 points, reaching 1762 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-1762-up-01-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1762-up-01-points/Singaporean business magnate Michael Kum has bought a stake in offshore vessel player and shipyard Marco Polo Marine via its vehicle Halom Investments. Kum bought 150m Marco Polo Marine shares from compatriot Apricot Capital, a private investment firm owned by the Teo family. The acquisition of shares was completed on Thursday for a price of …
https://splash247.com/singapore-tycoon-michael-kum-buys-into-marco-polo-marine/
https://splash247.com/singapore-tycoon-michael-kum-buys-into-marco-polo-marine/