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Capesize The Capesize market endured a challenging week, marked by persistent negativity across both the Pacific and Atlantic regions. The week commenced sluggishly, with the BCI 5TC dropping by $1,133 on Monday, setting a negative tone. Conditions generally deteriorated in both regions, with decreased rates and limited activity, reflecting softer market sentiment. However, the level ...
https://www.hellenicshippingnews.com/dry-bulk-market-negativity-engulfs-larger-bulkers/
https://www.hellenicshippingnews.com/dry-bulk-market-negativity-engulfs-larger-bulkers/d’Amico International Shipping S.A. subsidiary d’Amico Tankers D.A.C. signed a shipbuilding contract with Jiangsu New Yangzi ShipbuildingCo., China, for the purchase of two (2) new Long Range (LR1 – 75,000 DWT) product tanker vessels at a contract price of $ 55.4 million each.
https://www.marinelink.com/news/damico-orders-two-product-tankers-m-513268
https://www.marinelink.com/news/damico-orders-two-product-tankers-m-513268Paris 2024 Olympics organizers on Friday, April 26, received the Games' flame in a handover ceremony in Athens ahead of a 68-day torch relay that will end with the opening ceremony on July 26.The flame arrived at the central Athens' Panathenaic stadium…
https://www.marinelink.com/news/olympic-flame-ride-masted-belem-french-513269
https://www.marinelink.com/news/olympic-flame-ride-masted-belem-french-513269As Russia's war in the Ukraine drags on now into its third year, NATO today launched one of its biggest naval deployments since February 2022, with French aircraft carrier the Charles de Gaulle under the command of the alliance for the first…
https://www.marinelink.com/news/french-carrier-joins-nato-drills-russian-513271
https://www.marinelink.com/news/french-carrier-joins-nato-drills-russian-513271Three missiles were sighted approximately 15 nautical miles southwest of Yemen's Mokha, British security firm Ambrey said on Friday, and the United Kingdom Maritime Trade Operations (UKMTO) said that one vessel was damaged."The Master has reported two attacks.
https://www.marinelink.com/news/tanker-enroute-russia-india-hit-missile-513272
https://www.marinelink.com/news/tanker-enroute-russia-india-hit-missile-513272The Austal USA Board of Directors has elected Michelle Kruger as Austal USA President. She has been serving as interim president since August 2023.Kruger joined Austal USA in 2022 as the vice president of global services and support. In that…
https://www.marinelink.com/news/kruger-named-president-austal-usa-513273
https://www.marinelink.com/news/kruger-named-president-austal-usa-513273The Baltic Exchange’s main sea freight index declined on Friday, marking a weekly drop on the back of weaker demand in the larger vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell by 22 points, or 1.3%, to 1,721 points, its lowest level in over two weeks. ...
https://www.hellenicshippingnews.com/baltic-index-marks-weekly-dip-on-larger-vessel-weakness/
https://www.hellenicshippingnews.com/baltic-index-marks-weekly-dip-on-larger-vessel-weakness/Italian product tanker owner and operator d’Amico International Shipping (DIS) has bolstered its orderbook at Jiangsu New Yangzi Shipbuilding with two additional LR1 tankers. The Milan-listed firm is paying $56.2m per ship, with deliveries expected in July and December 2027. DIS currently boasts a fleet of 34 double-hulled product tankers of which 26 are owned. …
https://splash247.com/damico-doubles-down-on-lr1-newbuilds/
https://splash247.com/damico-doubles-down-on-lr1-newbuilds/Yemen’s Houthi militants claimed an attack on an MSC containership in the Gulf of Aden on Thursday. The Liberian-flagged MSC Darwin VI was targeted by a number of missiles and drones, a spokesperson for the Houthis said in a televised address yesterday. The British military’s United Kingdom Maritime Trade Operations centre said a captain from …
https://splash247.com/msc-ship-fired-on-by-houthis/
https://splash247.com/msc-ship-fired-on-by-houthis/Sweden-based construction and development company Skanska has signed the final contract award, worth $612 million, for the upgrade of the South Brooklyn Marine Terminal (SBMT) in New York, which will serve as an offshore wind hub.The project…
https://www.marinelink.com/news/skanska-set-south-brooklyn-marine-513258
https://www.marinelink.com/news/skanska-set-south-brooklyn-marine-513258