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Today, Thursday, March 05 2026, the Baltic Dry Index decreased by 95 points, reaching 2138 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-2138-down-95-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2138-down-95-points/Today, Friday, March 06 2026, the Baltic Dry Index decreased by 128 points, reaching 2010 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-2010-down-128-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2010-down-128-points/South Korean shipbuilding major Hanwha Ocean has been awarded the Leviathan expansion module fabrication project by US supermajor Chevron. Located offshore Israel, the Leviathan expansion project entails the fabrication of additional modules to be integrated into the currently operating platform, increasing the field’s production. Since the third quarter of 2024, Hanwha Ocean has supported Chevron …
https://splash247.com/chevron-taps-hanwha-ocean-for-leviathan-platform-expansion/
https://splash247.com/chevron-taps-hanwha-ocean-for-leviathan-platform-expansion/The Trump administration plans to scrap a Biden-era rule requiring some oil and gas companies to set aside billions of dollars in extra financial assurances for decommissioning offshore platforms. The US Department of the Interior said the rollback will save the industry $484m annually in compliance costs. The Biden administration’s 2024 rule required oil and …
https://splash247.com/trump-administration-targets-rollback-of-offshore-decom-rule/
https://splash247.com/trump-administration-targets-rollback-of-offshore-decom-rule/The port of Long Beach this week debuted Soleil the Sea Lion Explores the Green Port, a children’s book, penned by Art Marroquin, the port’s media relations manager, with illustrations from San Jose-based Michelle Dinh. Coinciding with Read Across America Week, the book was launched during an assembly held at Birney Elementary School in Long …
Romania’s Damen Shipyards Mangalia has formally entered the decisive stage of its insolvency restructuring after judicial administrator Casa de Insolvență Transilvania (CITR) submitted a reorganisation plan to the syndic judge. The Romanian yard, under insolvency since June 2024, aims to resume full activity through a business transfer to a strategic investor while preserving jobs and …
https://splash247.com/romanias-mangalia-shipyard-courts-strategic-investors/
https://splash247.com/romanias-mangalia-shipyard-courts-strategic-investors/South Korea’s Namsung Shipping and Dongyoung Shipping have turned to China for new tonnage, placing orders for four containerships at CSSC’s Huangpu Wenchong Shipbuilding. The two Korean operators have contracted the Guangzhou-based yard, together with China Shipbuilding Trading Co, for a pair of 4,300 teu containerships and two 1,900 teu feeder vessels. The deal marks …
https://splash247.com/south-korean-owners-turn-to-chinese-yard-for-new-boxship-tonnage/
https://splash247.com/south-korean-owners-turn-to-chinese-yard-for-new-boxship-tonnage/Ships under attack, oil spills, soaring tanker rates, punishing bunker bills, 20,000 stranded seafarers and 3,200 marooned vessels – just some of the takeaways from the first week of Operation Epic Fury, the Trump administration’s bid – in cooperation with Israel – to reduce the perceived threat posed by Iran. The ongoing war has led …
https://splash247.com/splash-wrap-iran-front-and-centre/
https://splash247.com/splash-wrap-iran-front-and-centre/Every year, Maritime CEO reaches out to ask the industry for what they see as the big tech developments or breakthroughs we should anticipate. Answers are carried below. As we move through 2026, the maritime industry is entering a critical maturation phase. The initial gold rush of digital adoption – where the mere act of …
https://splash247.com/how-this-year-will-define-the-future-of-shipping-technology/
https://splash247.com/how-this-year-will-define-the-future-of-shipping-technology/The US Treasury has issued a narrowly targeted, 30‑day sanctions waiver allowing Indian refiners to accept Russian‑origin crude and petroleum cargoes already loaded aboard tankers by way of helping fill the gap left by the ongoing war between Iran and the US/Israeli coaliton, which has paralysed hundreds of tankers in the Middle East. The waiver …