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The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, snapped a six-day losing run on Tuesday, rising about 0.4% to 2,501 points, supported by the larger vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, went up 0.3% to 3,548 points, after ...
https://www.hellenicshippingnews.com/baltic-dry-index-halts-6-day-decline/
https://www.hellenicshippingnews.com/baltic-dry-index-halts-6-day-decline/Skyborn Renewables, a German offshore wind developer of BlackRock’s Global Infrastructure Partners, has become the sole owner of the Nordergründe offshore wind farm in Germany. Before the transaction, Skyborn owned a 30% stake in Nordergründe, with the remaining 70% being held by other investors. Commissioned in 2017 and located in the German North Sea, the …
https://splash247.com/skyborn-takes-full-control-of-german-offshore-wind-farm/
https://splash247.com/skyborn-takes-full-control-of-german-offshore-wind-farm/Investment fund Triton Partners has entered into exclusive negotiations to acquire Bureau Veritas’ fuel testing and inspection services arm. Triton said that the transaction, based on an enterprise value of €470m ($535.5m), to acquire Bureau Veritas’ Oil & Petrochemicals and Coal (BVF) business, is subject to customary regulatory approvals and is expected to close in …
https://splash247.com/bureau-veritas-agrees-sale-of-fuel-testing-division-to-triton-partners/
https://splash247.com/bureau-veritas-agrees-sale-of-fuel-testing-division-to-triton-partners/South Korea’s offshore wind push has moved ahead after a consortium led by Korea Hydro & Nuclear Power (KHNP) was picked as the preferred bidder for the 800MW Jeonbuk Southwestern Offshore Wind Expansion Complex Phase 1 project. The award comes after a tender run by Jeonbuk State and puts the KHNP-led group in line to …
https://splash247.com/khnp-led-group-secures-preferred-bidder-role-for-korean-offshore-wind-project/
https://splash247.com/khnp-led-group-secures-preferred-bidder-role-for-korean-offshore-wind-project/French tubing manufacturer Vallourec has been awarded a contract by Azule Energy for the Greater PAJ offshore development project in Angola. Under this contract, Vallourec will supply more than 26,000 tons of seamless carbon steel line pipes, representing approximately 210 km of pipeline, including advanced solutions with heavy thermal insulation coating. Deliveries associated with this …
https://splash247.com/vallourec-joins-contractor-line-up-on-azules-5-1bn-angola-development/
https://splash247.com/vallourec-joins-contractor-line-up-on-azules-5-1bn-angola-development/Nasdaq-listed Castor Maritime has bought another modern kamsarmax bulker, taking its recent spending on the segment to close to $80m. The Petros Panagiotidis-led company has acquired the 2024-built Magic Saturn for $41.9m from an unaffiliated third party. The vessel was delivered to Castor on June 29. The same day, Castor also took delivery of the …
https://splash247.com/castor-adds-second-modern-kamsarmax-in-a-week/
https://splash247.com/castor-adds-second-modern-kamsarmax-in-a-week/Oman's Asyad Group and France's CMA CGM Group have signed a framework agreement to develop, manage and operate a multipurpose logistics terminal in Sohar, establishing a strategic partnership aimed at boosting maritime connectivity and opening new regional trade corridors.The agreement…
https://www.marinelink.com/news/asyad-cma-cgm-partner-m-logistics-540755
https://www.marinelink.com/news/asyad-cma-cgm-partner-m-logistics-540755Maritime software provider Veson Nautical has launched the Veson Platform, a unified platform that combines its IMOS operating system, CoCaptain artificial intelligence tools, communication capabilities and new data products under a single interface.The company said the new platform integrates IMOS…
https://www.marinelink.com/news/veson-nautical-launches-aipowered-540761
https://www.marinelink.com/news/veson-nautical-launches-aipowered-540761Classification society ClassNK has introduced what it said is the world's first notation to indicate that greenhouse gas emissions generated during ship construction have been calculated and undergone third-party verification.The new notation…
https://www.marinelink.com/news/classnk-introduces-worlds-first-notation-540770
https://www.marinelink.com/news/classnk-introduces-worlds-first-notation-540770The world's oil tanker fleet is behaving as if the Strait of Hormuz is reopening — even as the waterway itself remains only partially navigable and politically contested. From ship tracking data to freight rates, the signals are clear: owners…
https://www.marinelink.com/news/hormuz-halfopen-halfclosed-tanker-rates-540773
https://www.marinelink.com/news/hormuz-halfopen-halfclosed-tanker-rates-540773