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Today, Monday 13 2025, the Baltic Dry Index climbed by 08 points, reaching 2025 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 hit ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2025-up-08-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2025-up-08-points/Jiangsu Dajin Heavy Industry has won an order for six 65-meter anchor handling tug and supply (AHTS) vessels. Shanghai Jiahao Marine Engineering Research and Design has been put in charge of the design and development of the vessels. All six vessels will run on electric propulsion and will be equipped with fully rotating propellers, bow …
https://splash247.com/jiangsu-dajin-heavy-industry-bags-order-for-six-ahts-vessels/
https://splash247.com/jiangsu-dajin-heavy-industry-bags-order-for-six-ahts-vessels/Houston-headquartered energy services giant Halliburton has won a contract with ConocoPhillips Skandinavia to deliver comprehensive well stimulation services. The contract, which aims to improve well performance and reservoir productivity, spans five years and includes three optional extension periods. Under the agreement, Tidewater’s vessel, North Pomor, will be transformed into an advanced stimulation vessel designed to …
https://splash247.com/halliburton-secures-north-sea-services-deal-with-conocophillips/
https://splash247.com/halliburton-secures-north-sea-services-deal-with-conocophillips/Estonia’s Enefit Green and Japan’s Sumitomo have agreed to terminate their partnership and the development of the Liivi Bay offshore wind farm project. The decision follows thorough joint discussions on the offshore wind outlook in Estonia and assessment of the current market and regulatory conditions. Enefit Green said that, despite close cooperation and significant efforts …
https://splash247.com/enefit-green-and-sumitomo-scrap-estonian-offshore-wind-project/
https://splash247.com/enefit-green-and-sumitomo-scrap-estonian-offshore-wind-project/Marine operations service and solutions provider Avangaad has sold its 1996-built FOIS Nautica Tembikai FSO for $10.5m (RM44.5m) in cash. The company said in a Bursa Malaysia filing that the vessel has a net book value of RM15.05m ($3.58m), and the sale will result in an immediate gain of RM29.4m ($7m). The sale to MTC …
https://splash247.com/malaysian-firm-sells-29-year-old-fso/
https://splash247.com/malaysian-firm-sells-29-year-old-fso/Transworld Shipping Lines, formerly known as Shreyas Shipping and Logistics, has formed a joint venture agreement with 60% partnership with BainBridge Navigation to establish a handysize bulker pool based in Dubai. Transworld’s current fleet stands at 12 vessels comprising 10 container feeder vessels and two handysize bulk vessels. The company has dabbled in pools before, …
https://splash247.com/transworld-forms-handy-pool-in-dubai/
https://splash247.com/transworld-forms-handy-pool-in-dubai/Sign-ups to next year’s Geneva Dry – the world’s premier commodities shipping summit – are pouring in with organisers finalising the session line-ups for dry bulk’s biggest annual gathering. With hundreds of delegates already confirmed for the April 28 – 29 event, the 2026 edition is already growing faster than this year’s sold-out conference. “It’s …
https://splash247.com/shippings-biggest-names-set-to-return-to-geneva-dry/
https://splash247.com/shippings-biggest-names-set-to-return-to-geneva-dry/Turkey’s Karpowership has selected Singapore-based shipyard group Seatrium to carry out new powership integrations and LNG carrier conversions as part of an expanding partnership between the two companies. Under a letter of intent, Seatrium will integrate four new-generation powerships at its Singapore yard, with an option for two more. Karpowership will provide the hulls and …
https://splash247.com/karpowership-doubles-down-on-seatrium-for-floating-power-expansion/
https://splash247.com/karpowership-doubles-down-on-seatrium-for-floating-power-expansion/Containership leasing giant Seaspan has signed a string of sale and leaseback agreements covering 19 vessels, raising nearly $2.8bn in total financing. The deals, disclosed by parent company Atlas Corp, cover 15 containerships ranging from 11,400 to 17,000 teu and four car carriers between 7,000 and 10,800 ceu. A portion of the proceeds —$775.4m —is …
https://splash247.com/seaspan-locks-in-2-78bn-in-leasebacks-across-19-ships/
https://splash247.com/seaspan-locks-in-2-78bn-in-leasebacks-across-19-ships/Danish product tanker player Torm is expanding its owned fleet significantly after exercising purchase options on 13 ships previously under sale-and-leaseback deals. The Copenhagen- and New York-listed firm said the move is part of its ongoing capital and loan management strategy. The first four ships -LR2 tankers Torm Herdis, Torm Hellerup, Torm Hannah, and Torm …
https://splash247.com/torm-takes-over-13-leaseback-tankers-as-it-sheds-older-tonnage/
https://splash247.com/torm-takes-over-13-leaseback-tankers-as-it-sheds-older-tonnage/