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Malaysia-based offshore support vessel (OSV) builder Nam Cheong has secured shipbuilding contracts worth $64.5 million from a UAE-based global energy maritime logistics company for the construction of four offshore support vessels, marking its…
https://www.marinelink.com/news/nam-cheong-hooks-m-deal-build-four-osvs-536063
https://www.marinelink.com/news/nam-cheong-hooks-m-deal-build-four-osvs-536063Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has shipped the first ammonia fuel supply system (AFSS) and ammonia gas abatement system (AGAS) for Japan Engine Corporation.The systems are designed for J-ENG’s first…
https://www.marinelink.com/news/mitsubishi-delivers-first-ammonia-fuel-536064
https://www.marinelink.com/news/mitsubishi-delivers-first-ammonia-fuel-536064Spanish shipbuilder C.N.P. Freire has signed a contract with the Swedish Defence Materiel Administration (FMV) to construct four naval support vessels.The 47-meter vessels will be designed for naval support missions and built to operate in harsh weather and ice conditions.
https://www.marinelink.com/news/freire-signs-deal-swedens-fmv-four-naval-536065
https://www.marinelink.com/news/freire-signs-deal-swedens-fmv-four-naval-536065V., the global ship manager and marine services provider, has announced a new partnership with Greek shipowner Silk Searoad Maritime S.A for the technical management of their bulk and tanker fleet of eight vessels. Through the partnership, Silk…
https://www.marinelink.com/news/silk-searoad-appoints-v-bulk-tanker-fleet-536066
https://www.marinelink.com/news/silk-searoad-appoints-v-bulk-tanker-fleet-536066A total of 45 European transport organizations are joining forces and collectively urge national governments to strengthen European funding for transport under the future EU budget, particularly to increase the budget of the future Connecting…
https://www.marinelink.com/news/european-transport-groups-urge-stronger-536067
https://www.marinelink.com/news/european-transport-groups-urge-stronger-536067Kongsberg Maritime announced the signing of a Memorandum of Understanding (MoU) with PT PAL Indonesia, the country’s largest state‑owned shipyard. The signing ceremony took place at PT PAL’s headquarters in Surabaya and was attended by representatives from Kongsberg Maritime…
https://www.marinelink.com/news/kongsberg-maritime-expands-offerings-536068
https://www.marinelink.com/news/kongsberg-maritime-expands-offerings-536068Hoyer VMS Group, a global partner for power and motion solutions at sea, is expanding its Asian headquarters in Ningbo, China. The 3,800 square meters warehouse and workshop expansion enhances Hoyer VMS capabilities in supporting shipowners, fleet managers, shipyards and OEM customers across Asia.
https://www.marinelink.com/news/hoyer-vms-group-strengthens-chinese-536069
https://www.marinelink.com/news/hoyer-vms-group-strengthens-chinese-536069The Bureau of Ocean Energy announced a Record of Decision reaffirming its prior decisions regarding Gulf of America’s Outer Continental Shelf Oil and Gas Lease Sales 259 and 261. This ROD supports BOEM’s continued commitment to responsible offshore…
https://www.marinelink.com/news/boem-reaffirms-gulf-lease-sales-536070
https://www.marinelink.com/news/boem-reaffirms-gulf-lease-sales-536070The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, was up for a second session on Monday, rising 3.4% to its highest level since February 2 at 2,112 points. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, advanced by 5.2% to 3,210 points; and ...
https://www.hellenicshippingnews.com/baltic-dry-index-hits-3-week-high/
https://www.hellenicshippingnews.com/baltic-dry-index-hits-3-week-high/Today, Tuesday, February 24 2026, the Baltic Dry Index climbed by 17 points, reaching 2129 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-2129-up-17-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2129-up-17-points/