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Capesize The Capesize market gained notable momentum this week following a slow start largely due to Monday’s UK bank holiday. The Pacific basin was particularly active, supported by solid cargo flow from the miners and a tightening tonnage list, which pushed C5 rates up from $8.25 to $8.85 by week’s end. The Atlantic, especially the ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-gains-strength/
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-gains-strength/Chinese purchases of U.S. ethane, a key petrochemical feedstock, face fresh uncertainty after the Commerce Department told exporters to seek licences to export to China, according to trade sources and shipping data.Washington ordered a broad swathe of companies to stop shipping goods…
https://www.marinelink.com/news/us-ethane-exports-china-face-license-526337
https://www.marinelink.com/news/us-ethane-exports-china-face-license-526337A Singapore government-appointed company will develop a subsea interconnector with Singa Renewables, a joint venture between Royal Golden Eagle (RGE) and France's TotalEnergies for low-carbon electricity imports from Indonesia.Singapore Energy Interconnections (SGEI), a company appointed by the Sing
https://www.marinelink.com/news/singapore-totalenergies-collaborate-526338
https://www.marinelink.com/news/singapore-totalenergies-collaborate-526338India's diesel exports to Southeast Asia for May are expected to be the highest in at least four years, according to shiptrackers and three trade sources, as traders eyed higher profits in Asia and as higher freight costs deterred shipments to Europe.Increased diesel exports from India…
https://www.marinelink.com/news/india-diesel-exports-southeast-asia-may-526340
https://www.marinelink.com/news/india-diesel-exports-southeast-asia-may-526340Russia expects a 50% rise in voyages by foreign vessels using the Northern Sea Route (NSR) along its Arctic coast this year, which Moscow sees as an alternative to the Suez Canal, state-controlled nuclear energy firm Rosatom told Reuters on…
https://www.marinelink.com/news/rosatom-expects-boom-foreign-vessels-526345
https://www.marinelink.com/news/rosatom-expects-boom-foreign-vessels-526345Finland-based Danfoss Drives is supplying variable-speed AC drives for the propulsion systems of the Finnish Navy’s four Pohjanmaa-class multi-role corvettes. Part of the Finnish Defense Squadron 2020 project, these corvettes are under construction…
https://www.marinelink.com/news/danfoss-delivers-ac-drives-finnish-navy-526351
https://www.marinelink.com/news/danfoss-delivers-ac-drives-finnish-navy-526351Fincantieri and TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises, celebrated the launch of “Mein Schiff Flow” at the Monfalcone shipyard. The vessel is the second of two next-generation InTUItion class cruise ships, designed for dual-fuel operation (Liquefied Natural Gas…
https://www.marinelink.com/news/mein-schiff-flow-dualfuel-vessel-launched-526352
https://www.marinelink.com/news/mein-schiff-flow-dualfuel-vessel-launched-526352Finnøy Gear & Propeller has signed a contract to deliver complete propulsion systems for a new series of eight cargo vessels being built for the Norwegian shipping company Wilson ASA. The vessels will be constructed at Udupi Cochin Shipyard Ltd.
https://www.marinelink.com/news/finny-deliver-propulsion-systems-wilson-526355
https://www.marinelink.com/news/finny-deliver-propulsion-systems-wilson-526355Aker Solutions has signed a contract with Dragados Offshore to deliver the steel substructure for the 2GW HVDC converter station for the BalWin2 offshore wind grid connection system in Germany, developed by Amprion Offshore GmbH. Reference is…
https://www.marinelink.com/news/aker-solutions-awarded-contract-balwin-526356
https://www.marinelink.com/news/aker-solutions-awarded-contract-balwin-526356