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Today, Thursday, October 02 2025, the Baltic Dry Index decreased by 71 points, reaching 1909 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-falls-to-1909-down-71-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1909-down-71-points/Swiss-based offshore drilling giant Transocean has announced contract fixtures for two of its ultra-deepwater drillships. In the US Gulf of Mexico, supermajor BP has exercised a 365-day option for the 2022-built Deepwater Atlas in direct continuation of its firm contract. The program is expected to contribute approximately $232m in backlog. Currently, the rig is working …
https://splash247.com/transocean-rakes-in-243m-in-new-drillship-deals/
https://splash247.com/transocean-rakes-in-243m-in-new-drillship-deals/The closing session of last week’s Maritime CEO Forum, held at the historic Fullerton Hotel in Singapore, turned its focus to the outlook for the dry bulk trades, bringing together a heavyweight panel of operators and charterers. Moderated by Elaine Yu, senior chartering manager at miner South32, the discussion probed where the sector sits in …
The London Court of International Arbitration (LCIA) has ruled that Djibouti’s 2018 seizure of the Doraleh Container Terminal (DCT) from DP World was unlawful, confirming the validity of the Dubai operator’s 50-year concession agreement. The decision closes the arbitration case between DP World and Port de Djibouti SA (PDSA), but wider disputes with the Djibouti …
French authorities have detained the captain and first mate of the Boracay, a shadow fleet tanker blacklisted by the European Union, amid suspicions it was involved in last week’s mysterious drone incursions over Denmark. The pair were taken into custody after French naval forces boarded the 244 m long, Benin-flagged aframax off Saint-Nazaire over the …
Maersk, the world’s second-largest containerline, has revealed details of a major retrofitting exercise it is carrying out on its time-chartered fleet involving 50 different shipowners, and around 200 vessels. The main aim of the programme is to reduce the slot cost by improving fuel efficiency and cargo-carrying capacity leading to a decrease in both cost …
https://splash247.com/maersk-teams-with-50-owners-on-massive-retrofit-blitz/
https://splash247.com/maersk-teams-with-50-owners-on-massive-retrofit-blitz/Saudi shipowner Bahri has firmed up an order for six geared ultramax bulk carriers at International Maritime Industries (IMI), marking the first bulk carrier newbuilding deal for the Ras Al-Khair yard. The company said in a Tadawul filing that the 62,823 dwt vessels will cost around $203m in total, with deliveries due between 2028 and …
https://splash247.com/bahri-orders-six-ultramaxes-at-imi/
https://splash247.com/bahri-orders-six-ultramaxes-at-imi/French military personnel have boarded the oil tanker Boracay, which is suspected of belonging to the so-called shadow fleet involved in the Russian oil trade, French media reported on Wednesday.French authorities have been tight-lipped about the vessel…
https://www.marinelink.com/news/french-military-board-suspected-shadow-530640
https://www.marinelink.com/news/french-military-board-suspected-shadow-530640U.S. LNG exports hit a record in September at 9.4 million metric tons, beating their previous record of 9.3 million MT in August, according to preliminary data from financial firm LSEG.The increase was fueled by strong sales to Europe and Asia…
https://www.marinelink.com/news/us-lng-exports-hit-record-high-530641
https://www.marinelink.com/news/us-lng-exports-hit-record-high-530641The Netherlands called on the EU on Wednesday to sanction Yemen's Houthis as a terrorist group, after the organisation claimed responsibility for an attack on the Dutch-flagged general cargo ship Minervagracht in the Gulf of Aden.The Iran-aligned group has launched numerous assaults on vessels in th
https://www.marinelink.com/news/netherlands-calls-eu-sanction-houthis-530642
https://www.marinelink.com/news/netherlands-calls-eu-sanction-houthis-530642