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How brokers will evolve, and what owners and charterers will seek out of their broking houses in the years ahead formed much of the debate in the Chartering Spotlight panel at last week’s Geneva Dry summit. Torbjørn Gjervik, CEO of Norway’s Western Bulk, told delegates he felt the future of chartering would involve people who …
https://splash247.com/how-the-business-of-chartering-is-evolving/
https://splash247.com/how-the-business-of-chartering-is-evolving/Danish liner giant Maersk has lowered its global container market forecast for this year due to increased macroeconomic and geopolitical uncertainty. Maersk has issued a fresh prognosis for market development in 2025, ranging from a 1% dip to a 4% increase, compared to the 4% rise projected earlier this year. The Vincent Clerc-led company said …
https://splash247.com/maersk-slashes-2025-global-container-projections/
https://splash247.com/maersk-slashes-2025-global-container-projections/ARO Drilling, a joint venture of New York-listed offshore driller Valaris, has signed extensions for five jackup rigs with Saudi giant Aramco. The extensions, all for five years, were signed for the Valaris 250, Valaris 116, Valaris 146, Valaris 140, and Valaris 141 or as ARO Drilling referred to them in its statement, the Bob …
https://splash247.com/aro-drilling-agrees-extensions-for-five-jackups-with-saudi-aramco/
https://splash247.com/aro-drilling-agrees-extensions-for-five-jackups-with-saudi-aramco/Dutch surveyor Fugro has been awarded a contract to perform comprehensive geotechnical surveys for the eastern array of the Dogger Bank South (DBS) offshore wind farms. The initiative is led by RWE and Masdar to develop one of the UK’s most powerful offshore wind energy projects. The detailed surveys will provide data on subsurface conditions …
https://splash247.com/fugro-gets-more-survey-work-on-uk-offshore-wind-farm/
https://splash247.com/fugro-gets-more-survey-work-on-uk-offshore-wind-farm/New York-listed Greek owner Costamare has continued the trend of offloading smaller bulkers with another handysize set to exit the fleet. The Konstantinos Konstantakopoulos-led company is shipping out the 2010-built 31,775 dwt Resource, with delivery to an undisclosed new owner expected during the second quarter. Costamare bought the ship in July 2021 for about $12.6m …
https://splash247.com/costamare-ships-out-15-year-old-handy/
https://splash247.com/costamare-ships-out-15-year-old-handy/Danish product tanker owner and operator Torm has continued the disposal of older tonnage with the sale of one of its two oldest LR2 vessels. The New York and Copenhagen Nasdaq-listed company has revealed the sale of an unnamed 2008-built LR2 unit with delivery to new owners expected during the second quarter of this year. …
https://splash247.com/torm-sells-off-ageing-lr2/
https://splash247.com/torm-sells-off-ageing-lr2/Evangelos Marinakis-backed Capital Clean Energy Carriers (CCEC) has secured long-term employment for two of its LNG carriers under construction in South Korea. The Nasdaq-listed company has fixed the 174,000 cu m at vessels to be named Athlos and Archon for five and seven years, respectively, with a five-year extension option for each ship. The charters …
https://splash247.com/capital-clean-energy-carriers-lands-long-term-fixtures-for-lng-newbuilds/
https://splash247.com/capital-clean-energy-carriers-lands-long-term-fixtures-for-lng-newbuilds/Ocean services provider DeepOcean, with its joint venture partners Solstad Offshore and Østensjø Rederi, has taken delivery of a newbuild uncrewed surface vessel (USV), which will be used for subsea survey, inspection, maintenance and repair…
https://www.marinelink.com/news/newbuild-usv-challenger-getting-ready-525495
https://www.marinelink.com/news/newbuild-usv-challenger-getting-ready-525495Fincantieri, newcleo and Pininfarina have unveiled the look of the next-generation sustainable nuclear generator for maritime applications.The look of newcleo’s fourth-generation lead-cooled fast reactor has been revelated at International Architecture…
https://www.marinelink.com/news/industry-partners-showcase-nextgen-525512
https://www.marinelink.com/news/industry-partners-showcase-nextgen-525512Today, Tuesday, May 06 2025, the Baltic Dry Index decreased by 15 points, reaching 1406 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-1406-down-15-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1406-down-15-points/