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Capesize The Capesize market endured a notably weaker week overall, with the BCI 5TC shedding more than $4,000 before closing at $23,160, aided by a $742 uptick today. The Pacific struggled from the outset, with the lack of consistent miner presence weighing on sentiment and pushing C5 rates below $9.00 by midweek. The week, however, ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-fall-to-1-month-low/
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-fall-to-1-month-low/MV Lochmor, the first of two new vessels for the Little Minch routes, was launched August 23, 2025 at Cemre Marin Endustri shipyard in Yalova, Turkey.MV Hebrides, the new ferry along with sister vessel, MV Claymore, will provide a two-vessel service to the routes between Uig on Skye…
https://www.marinelink.com/news/little-minch-ferry-launched-turkish-529242
https://www.marinelink.com/news/little-minch-ferry-launched-turkish-529242Cadeler announced that it has signed a firm contract with Synera Renewable Energy (SRE) for the transportation and installation (T&I) of 35 Siemens Gamesa 14MW wind turbines at the Formosa 4 Offshore Wind Farm in Taiwan. The project will be…
https://www.marinelink.com/news/cadeler-signs-firm-contract-synera-529223
https://www.marinelink.com/news/cadeler-signs-firm-contract-synera-529223The construction of the Finnish Border Guard’s two multipurpose offshore patrol vessels, ordered from Meyer Turku, has proceeded to the traditional christening ceremony carried out in equipping stage. On Friday, August 22, 2025, the first vessel was christened Karhu.
https://www.marinelink.com/news/meyer-turku-christens-finnish-border-529224
https://www.marinelink.com/news/meyer-turku-christens-finnish-border-529224Sanmar has launched a new tugboat for Ultratug Mexico, which will operate at Lazaro Cardenas Port on Mexico’s Pacific coast. The vessel, temporarily designated as Boğaçay LXXIX, is currently under construction at Sanmar’s purpose-built shipyard…
https://www.marinelink.com/news/sanmar-launches-new-tugboat-ultratugs-529225
https://www.marinelink.com/news/sanmar-launches-new-tugboat-ultratugs-529225The Bureau of Ocean Energy Management (BOEM) announced the Gulf of America Regional Outer Continental Shelf Oil and Gas Lease Sales and Post-Lease Activities Final Programmatic Environmental Impact Statement, a milestone in advancing the Trump administration’s American Energy Dominance agenda.
https://www.marinelink.com/news/boem-finalizes-environmental-review-gulf-529226
https://www.marinelink.com/news/boem-finalizes-environmental-review-gulf-529226Russian oil supplies to Hungary and Slovakia could be suspended for at least five days after a Ukrainian strike on a facility in Russia, Hungarian and Slovakian officials said on Friday, in a widening of the fallout of Russia's war in Ukraine.Russia…
https://www.marinelink.com/news/russian-oil-supplies-hungary-slovakia-529228
https://www.marinelink.com/news/russian-oil-supplies-hungary-slovakia-529228Maersk’s port operating arm, APM Terminals, has signed a memorandum of understanding with India’s Andhra Pradesh Maritime Board to invest 9,000 crore (around $1.1bn) in the development of three key ports in the state. The agreement, inked in the presence of chief minister N Chandrababu Naidu, covers the upgrading of the Ramayapatnam, Machilipatnam and Mulapeta …
https://splash247.com/apm-terminals-seals-1bn-ports-deal-in-india/
https://splash247.com/apm-terminals-seals-1bn-ports-deal-in-india/Le Groupe ALMACO, the Canadian subsidiary of Finland-based ALMACO Group, won a CAD 100 million+ contract by Chantier Davie Canada Inc. to deliver the outfitting of the Canadian Coast Guard’s Polar Max icebreaker. The project, part of the National Shipbuilding Strategy (NSS)…
https://www.marinelink.com/news/ccgs-polar-max-icebreaker-taps-almaco-529215
https://www.marinelink.com/news/ccgs-polar-max-icebreaker-taps-almaco-529215Earlier this week Marine News was afforded – thanks to a ‘press tour’ organized by the Waterways Council – a behind the scenes look at the United States Army Corp of Engineers (USACE) effort to build new the Montgomery Locks, one part of a bigger…
https://www.marinelink.com/news/infrastructure-project-focus-montgomery-529217
https://www.marinelink.com/news/infrastructure-project-focus-montgomery-529217