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Tanker freight rates for shipping Urals crude from Russia’s western ports to India rose further in late September and early October, tracking a sharp increase in loadings last month, industry sources said.Indian refiners continue to buy Russian oil despite punitive U.S.
https://www.marinelink.com/news/tanker-freight-rates-russian-crude-india-530852
https://www.marinelink.com/news/tanker-freight-rates-russian-crude-india-530852A crew member of the Dutch cargo ship that was attacked by Houthis in the Gulf of Aden last week has died of his injuries, the vessel's Amsterdam-based operator Spliethoff said in a statement Monday evening.The company did not release further details about the deceased crew member…
https://www.marinelink.com/news/minervagracht-crew-member-dies-530853
https://www.marinelink.com/news/minervagracht-crew-member-dies-530853In the October update of "Global Trade Outlook and Statistics", WTO economists provide new analysis on the build-up in inventories in 2025 and the robust trade in artificial intelligence-related goods such as semiconductors, servers, and telecommunications…
https://www.marinelink.com/news/ai-goods-frontloading-lift-world-trade-530854
https://www.marinelink.com/news/ai-goods-frontloading-lift-world-trade-530854Today, Tuesday, October 07 2025, the Baltic Dry Index climbed by 15 points, reaching 1947 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-1947-up-15-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1947-up-15-points/The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged up on Tuesday, supported by higher capesize and panamax vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 15 points to 1,947 points. The capesize index rose 57 points ...
https://www.hellenicshippingnews.com/baltic-edges-up-on-stronger-capesize-and-panamax-vessel-rates/
https://www.hellenicshippingnews.com/baltic-edges-up-on-stronger-capesize-and-panamax-vessel-rates/Demand for second hand dry bulk carriers was high last week. In its latest weekly report, shipbroker Xclusiv noted that “this week saw heightened activity across most dry segments, led by strong appetite for modern tonnage. On the Newcastlemax front, the “Mineral Shougang International” – 206K/2019 Qingdao was sold to Chinese buyers Zhenjiang Shipping for ...
https://www.hellenicshippingnews.com/second-hand-bulkers-in-high-demand/
https://www.hellenicshippingnews.com/second-hand-bulkers-in-high-demand/As the US focuses on domestic oil and gas to reduce reliance on China, its offshore wind industry is suffering from halted projects, tax rollbacks, and inflation. The side effect of this is the overwhelming takeover of offshore wind by Asia’s largest nation. Despite such unfavourable conditions in the US, Rystad Energy research shows new …
https://splash247.com/china-surges-ahead-in-offshore-wind-as-us-policy-reversals-stall-growth/
https://splash247.com/china-surges-ahead-in-offshore-wind-as-us-policy-reversals-stall-growth/Commissioning service operation vessel (CSOV) owner Integrated Wind Solutions has deals for two of its vessels. The first contract is a 75-day fixed charter contract for the IWS Sunwalker CSOV with an existing client. The company said that the charter end date aligns well with a pre-existing commitment set to begin in the first quarter …
https://splash247.com/integrated-wind-solutions-secures-fresh-work-for-two-csovs/
https://splash247.com/integrated-wind-solutions-secures-fresh-work-for-two-csovs/Compliance doesn’t come cheap when it comes to FuelEU Maritime, warns Philippos Ioulianou, the managing director of EmissionLink. With the EU ETS reporting deadline passed and FuelEU Maritime enforcement fast approaching, ‘pooling’ has become the buzzword in compliance conversations. Unsurprisingly, most of the debate has been about cost: Who offers the cheapest pool? What’s the …
https://splash247.com/why-pooling-shouldnt-be-a-bargain-hunt/
https://splash247.com/why-pooling-shouldnt-be-a-bargain-hunt/Dubai-based Turkish owner Densay Shipping is strengthening its push into the tanker sector, adding two more MR newbuildings at China’s Wuhu Shipyard. Shipbroking sources said the latest 50,000 dwt vessels, set for delivery in 2027, are optional units from the four-tanker order Densay placed at the end of 2024. The original batch — conventionally fuelled …
https://splash247.com/densay-expands-tanker-newbuild-drive-in-china/
https://splash247.com/densay-expands-tanker-newbuild-drive-in-china/