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Today, Wednesday, August 20 2025, the Baltic Dry Index decreased by 37 points, reaching 1927 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-1927-down-37-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1927-down-37-points/Today, Thursday, August 21 2025, the Baltic Dry Index decreased by 34 points, reaching 1893 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-1893-down-34-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1893-down-34-points/Subsea well construction and intervention services provider AKOFS Offshore has won a contract for one of its multipurpose service vessels (MPSV) with Brazilian state-owned giant Petrobras. The company’s 2009-built vessel AKOFS Santos, previously known as the Skandi Santos, was selected for a four-year MPSV contract by which is expected to begin in the third quarter …
https://splash247.com/brazilian-giant-hires-akofs-offshore-mpsv/
https://splash247.com/brazilian-giant-hires-akofs-offshore-mpsv/Norwegian offshore vessel owner DOF has secured additional work with Brazilian state-owned oil and gas giant Petrobras. A new contract was awarded to the 2009-built subsea construction vessel Skandi Salvador. It is contracted on a four-year charter with the Brazilian firm. The value of the contract is approximately $165m. The vessel will operate with two …
https://splash247.com/dof-scores-165m-scv-contract-with-petrobras/
https://splash247.com/dof-scores-165m-scv-contract-with-petrobras/Malaysia’s Lianson Fleet Group (LFG) is broadening its presence in shipping with the acquisition of a 2012-built supramax bulk carrier, moving beyond its traditional offshore support vessel (OSV) base. The Bursa Malaysia-listed company, formerly known as Icon Offshore, announced that its unit Kangsar Corporation has agreed to purchase the Moana Baq from LT Princess Shipping …
https://splash247.com/lianson-fleet-adds-supramax-as-it-expands-beyond-offshore/
https://splash247.com/lianson-fleet-adds-supramax-as-it-expands-beyond-offshore/Oceanbird, the wind propulsion technology joint venture between Alfa Laval and Wallenius, has appointed Amrit Kaur Bhullar as its new chief executive. She will take up the role on January 1 2026, as the company moves from early-stage development to full commercialisation. Bhullar, who grew up in London and has spent the last 15 years …
https://splash247.com/new-leadership-for-oceanbird/
https://splash247.com/new-leadership-for-oceanbird/An LNG tanker targeted by U.S. sanctions berthed at Russia's Arctic LNG 2 on Thursday, shiptracking data from LSEG and Kpler showed, the fifth such tanker to stop at the project this year.Loadings resumed late in June at the Arctic LNG 2 project…
https://www.marinelink.com/news/sanctioned-lng-carrier-berths-arctic-lng-529169
https://www.marinelink.com/news/sanctioned-lng-carrier-berths-arctic-lng-529169Zelim, a leader in AI-driven maritime safety and security systems, has signed a Cooperative Research and Development Agreement (CRADA) with the U.S. Navy’s Naval Undersea Warfare Center (NUWC), Division Newport to trial ZOE for the detection…
https://www.marinelink.com/news/zelim-signs-crada-us-navy-trial-maritime-529177
https://www.marinelink.com/news/zelim-signs-crada-us-navy-trial-maritime-529177A relatively new entrant to container shipping is scaling back. CStar Line, founded two years ago in Dubai, has focused on servicing Russian, Asian and Turkish ports. Container analytics firm eeSea is reporting the carrier is suspending one Asia – Europe and three Asia – Middle East services this month. The carrier continues participation in …
https://splash247.com/dubais-cstar-line-scales-back/
https://splash247.com/dubais-cstar-line-scales-back/Panels are beginning to coalesce for next April’s Geneva Dry, the world’s premier commodities shipping conference. As in past editions, the two-day event will close with a very high level session on iron ore, the largest shipped dry bulk commodity, with the 2026 line-up for this well attended session looking genuinely stellar. Moderated once again …