The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth consecutive session on Thursday, pressured by lower rates for the larger vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell by 31 points, or 1.8%, to 1,743 points. ...
https://www.hellenicshippingnews.com/baltic-index-down-for-4th-day-as-larger-vessel-rates-dip/
...See moreAfter a break of more than two weeks, the Houthis from Yemen struck back at ships yesterday. The militants took aim at the Maersk Yorktown and an American destroyer in the Gulf of Aden, as well as firing at the MSC Veracruz in the Indian Ocean. There were no reports of any of attacks actually …
https://splash247.com/houthis-resume-attacks-on-shipping/
...See moreIn one of the largest potential mining mergers in more than a decade, London-listed Anglo American has confirmed it has received an “unsolicited, non-binding and highly conditional” proposal from Australia’s BHP, the world’s largest mining company. Anglo said that as part of any deal BHP was proposing spin-offs of two Anglo units in South Africa— …
https://splash247.com/bhp-bids-for-anglo-american/
...See moreAn investigation is underway in Japan with overtones of the famous Volkswagen emissions scandal. More than 4,000 ship engines could be affected. The transport ministry sent inspectors to two factories belonging to IHI Corp today after the Japanese manufacturing giant admitted it had falsified fuel economy data for ship and railway engines for at …
https://splash247.com/more-than-4000-ship-engines-caught-up-in-japanese-fuel-data-scandal/
...See moreFrench liner CMA CGM and French public sector investment bank Bpifrance have launched a €200m ($214.5m) fund to push forward the French maritime industry’s energy transition. Of the €200m, €20m will go to help decarbonise fleets of French shipping firms, €110m and €50m will be assigned to grants and equity investments, respectively, for maritime decarbonisation …
https://splash247.com/cma-cgm-reveals-details-of-214m-french-shipping-decarbonisation-fund/
...See moreAvenir LNG has returned to China’s Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) for a pair of 20,000 cu m LNG bunker vessel newbuilds. The London-based outfit did not reveal the value of the contract but said the newbuilds would be delivered in the fourth quarter of 2026 and the first quarter of 2027. …
https://splash247.com/avenir-lng-back-at-cimc-soe-for-lng-bunker-newbuild-brace/
...See moreNew York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Bulk Trading for one of its ultramax dry bulk vessels. Bulk Trading hired the 2017-built, 60,456 dwt bulker DSI Phoenix. The gross charter rate is $16,500 per day, minus a 5% commission paid to third parties, for a period until …
https://splash247.com/diana-shipping-fixes-out-ultramax-to-bulk-trading/
...See moreUK-based small-scale liquefied natural gas (LNG) supplier Avenir LNG has entered into a shipbuilding contract with Nantong CIMC Sinopacific Offshore & Engineering in China, a subsidiary of CIMC Enric, for two new LNG bunker and supply vessels.The two 20…
https://www.marinelink.com/news/avenir-lng-orders-two-lng-bunker-supply-513223
...See moreDamen Shipyards has launched a Combi Freighter (CF) 3850 at the Ba Son Shipyard in Vietnam, built for German shipping company Reederei M. Lauterjung.The CF 3850 is the first in a two-vessel order from Reederei M. Lauterjung. Following this order…
https://www.marinelink.com/news/damen-launches-new-cargo-vessel-german-513224
...See moreNorwegian shipowner MPC Container Ships (MPCC) has signed a $55 million pre and post-delivery ECA covered financing agreement with Deutsche Bank and SINOSURE for its two dual-fuel methanol newbuildings.The vessels are scheduled for delivery…
https://www.marinelink.com/news/mpcc-secures-funding-two-dualfuel-513225
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