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Dry bulk tonne-days reached record highs in 2025, exceeding previous historical peaks, up around 4% year on year and close to 9% compared with 2023, highlighting the role of distance-driven demand in supporting vessel utilisation. The increase in tonne-days has been driven primarily by iron ore trade, reflecting the impact of long-haul Atlantic basin exports ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-tonne-day-developments-and-freight-market-year-end-signals/The dry bulk market ended 2025 in an “old school” way, with recovery underway. In its latest weekly report, shipbroker Xclusiv said that “dry bulk closed 2025 in a very “old-school” way: not through a demand explosion, but through utilisation tightening, timing and just enough friction to turn small shifts into big rate moves. The ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-an-old-school-end-to-the-year/
https://www.hellenicshippingnews.com/dry-bulk-shipping-an-old-school-end-to-the-year/London-listed liftboat operator Gulf Marine Services (GMS) has won new contracts for two of its vessels. The contracts cover the use of two Large-class vessels in Europe. It spans a total of 985 days and will see the vessels continue to support offshore operations across the region. Following this award, GMS’s contracted backlog has increased …
https://splash247.com/gulf-marine-services-wins-european-contracts-for-liftboat-pair/
https://splash247.com/gulf-marine-services-wins-european-contracts-for-liftboat-pair/Norwegian offshore vessel owner Eidesvik Offshore has secured a contract for one of its platform supply vessels (PSV). The company won a contract with DNO Norge, and its partners Sval Energi and Wellesley Petroleum, for the use of the 2012-built Viking Princess PSV. The deal covers a campaign alongside the Deepsea Yantai drilling rig. Estimated …
https://splash247.com/eidesvik-offshore-lands-psv-contract-with-dno/
https://splash247.com/eidesvik-offshore-lands-psv-contract-with-dno/Offshore engineering and services player Subsea7 has won a deal from US exploration and production company LLOG Exploration for work on the Buckskin South Expansion project. The scope of work includes the transportation and installation of a subsea umbilical and a rigid flowline in water depths of up to 2,100 m. Project management and engineering …
https://splash247.com/llog-awards-installation-work-on-us-gulf-of-mexico-field-to-subsea7/
https://splash247.com/llog-awards-installation-work-on-us-gulf-of-mexico-field-to-subsea7/Norwegian offshore vessel owner DOF bags two new contracts in the Asia-Pacific region. The first deal is a three-year frame agreement for the provision of subsea inspection, maintenance, and repair services with associated assets in the APAC region. A call-off under the contract has also been confirmed and will utilise the 2011-built DSV Skandi Singapore …
https://splash247.com/dof-lines-up-new-apac-gigs-for-vessel-tandem/
https://splash247.com/dof-lines-up-new-apac-gigs-for-vessel-tandem/The North Sea Boulevard and Maasvlakte Boulevard are reopened to traffic as TenneT's cables for connecting two offshore wind farms are now buried in the seabed along the road. The high-voltage cables for the future IJmuiden Ver Beta and IJmuiden…
https://www.marinelink.com/news/north-sea-boulevard-reopens-tennet-533831
https://www.marinelink.com/news/north-sea-boulevard-reopens-tennet-533831BP has agreed to sell a 65% stake in its Castrol lubricants business to infrastructure investor Stonepeak at an enterprise value of about $10 billion, as the energy major presses ahead with its divestment program and balance sheet repair.The…
https://www.marinelink.com/news/bp-sells-majority-stake-castrol-stonepeak-533843
https://www.marinelink.com/news/bp-sells-majority-stake-castrol-stonepeak-533843Two vessels from CMA CGM, the world's third-largest container shipping line, have travelled through the Suez Canal, the authority that runs the waterway said on Tuesday, in a sign the disruptions linked to the Gaza war could be easing.While…
https://www.marinelink.com/news/cma-cgm-vessels-navigate-suez-canal-533830
https://www.marinelink.com/news/cma-cgm-vessels-navigate-suez-canal-533830The North Sea Boulevard and Maasvlakte Boulevard are reopened to traffic as TenneT's cables for connecting two offshore wind farms are now buried in the seabed along the road. The high-voltage cables for the future IJmuiden Ver Beta and IJmuiden…
https://www.marinelink.com/news/north-sea-boulevard-maasvlakte-reopens-533831
https://www.marinelink.com/news/north-sea-boulevard-maasvlakte-reopens-533831