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China’s state stockpiler Sinograin bought 10 U.S. soybean cargoes this week, three traders told Reuters on Tuesday, as the world’s top buyer continues purchasing from the United States following a late October trade truce. The cargoes, totalling around 600,000 metric tons, are for shipment between March and May, the traders said, which is the peak ...
https://www.hellenicshippingnews.com/china-buys-more-us-soybeans-total-purchases-approach-10-million-tons/Today, Friday, January 09 2026, the Baltic Dry Index decreased by 30 points, reaching 1688 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-1688-down-30-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1688-down-30-points/Turkey’s state-owned energy company, Turkish Petroleum (TPAO), has signed a memorandum of understanding with a subsidiary of US supermajor ExxonMobil for collaboration on oil and natural gas exploration in the Black Sea and Mediterranean regions. Turkey’s energy and natural resources minister, Alparslan Bayraktar, said the country looks to combine its technical expertise in deepwater exploration …
https://splash247.com/turkey-expands-offshore-push-as-tpao-signs-exploration-pact-with-exxonmobil/
https://splash247.com/turkey-expands-offshore-push-as-tpao-signs-exploration-pact-with-exxonmobil/Alex Ledovas gives his take on what we can expect in the coming 12 months. Freight markets have always been driven by fragmented information. Rates, vessel supply, cargo demand and congestion rarely exist in one structured dataset, while some of the most valuable commercial intelligence still lives in emails and informal conversations across platforms such …
https://splash247.com/shipping-technology-and-dry-bulk-in-2026/
https://splash247.com/shipping-technology-and-dry-bulk-in-2026/Singapore-based Greta Shipping has taken its first step into vessel ownership, snapping up the 3,534 teu Rio Kobe in a deal reported at around $30m, according to Alphaliner. The 2009-built ship is currently controlled by Marlow Navigation and is on charter to Maersk until early 2028, Alphaliner data shows, giving the buyer long-term earnings visibility …
https://splash247.com/greta-shipping-buys-first-boxship/
https://splash247.com/greta-shipping-buys-first-boxship/One of the best known names in ship finance is stepping aside.ING has confirmed that Stephen Fewster will leave the bank at the end of the second quarter of 2026 after more than four decades in banking and 23 years shaping ING’s maritime franchise. Fewster will remain involved during a transition period as executive chair …
https://splash247.com/ings-stephen-fewster-steps-aside/
https://splash247.com/ings-stephen-fewster-steps-aside/China’s COSCO is strengthening its foothold in northern Europe, tabling a bid to take an 80% stake in German stevedore and logistics operator Zippel in Hamburg. Zippel, known for its multipurpose cargo handling and barge services in Hamburg’s port ecosystem, gives COSCO enhanced local handling capability and greater flexibility in combined sea-inland transport flows. COSCO …
https://splash247.com/cosco-moves-to-acquire-hamburg-stevedore/
https://splash247.com/cosco-moves-to-acquire-hamburg-stevedore/Svend Andersen, widely regarded as one of the most influential commercial figures in the modern heavylift and project cargo shipping sector, has passed away. Over several decades, he helped professionalise and consolidate a niche segment of shipping. Andersen was a recognised heavylift and multipurpose shipping veteran, having started in the industry as a trainee in …
https://splash247.com/heavylift-legend-passes-away/
https://splash247.com/heavylift-legend-passes-away/The tanker market grappled with fresh uncertainty all week after the arrest of Venezuelan president Nicolás Maduro in a dramatic US military operation over the weekend, an event that has effectively frozen the country’s oil exports and reinforced Washington’s hardline approach to maritime enforcement. The Trump administration on Wednesday announced it is withdrawing from 66 …
https://splash247.com/splash-wrap-us-incursion-into-venezuela-dominates-coverage/
https://splash247.com/splash-wrap-us-incursion-into-venezuela-dominates-coverage/In a sign of the sweeping upgrades in maritime infrastructure across the coastlines of the world’s most populous nation, Adani’s Mundra port has this week berthed a fully laden VLCC – a first for India, and something that promises to alter the global seaborne tanker trading map. The giant 318,926 dwt New Renown, owned by …
https://splash247.com/india-receives-first-fully-laden-vlcc-at-mundra/
https://splash247.com/india-receives-first-fully-laden-vlcc-at-mundra/