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According to Drewry AIS data, Capesize cargo loadings in January 2026 were the highest ever recorded for January, setting the tone for an unusually tight market. Strong demand coincided with limited fleet growth, as high delivery slippage curtailed effective supply. As a result, Capesize rates defied their usual seasonal decline. Freight rates typically soften in ...
https://www.hellenicshippingnews.com/record-capesize-loadings-in-january-defied-seasonal-weakness/
https://www.hellenicshippingnews.com/record-capesize-loadings-in-january-defied-seasonal-weakness/The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, advanced for a third session on Tuesday, rising by 0.8% to its highest since January 30 at 2,129 points. The supramax index increased 3.2% to 1,217 points; and the panamax index, which usually carries 60,000-70,000 tons of coal or grain, went ...
https://www.hellenicshippingnews.com/baltic-dry-index-up-for-3rd-day/
https://www.hellenicshippingnews.com/baltic-dry-index-up-for-3rd-day/Malaysian tanker owner and operator Orkim has entered into a time charter contract for one of its vessels with Petronas’ trading arm, PETCO Trading Labuan Company. Under the contract, the charter period is for six months commencing from the end of February 2026, with an option to extend for a further six months. According to …
https://splash247.com/orkim-secures-mr2-charter-with-petronas-trading-unit/
https://splash247.com/orkim-secures-mr2-charter-with-petronas-trading-unit/US naval forces have boarded the Cook Islands-flagged tanker Bertha within the US Indo-Pacific Command Area of Responsibility in the Indian Ocean. The US Department of War stated that forces conducted a “right-of-visit maritime interdiction and boarding” overnight without incident. The Department said on X that the 2004-built vessel was operating in defiance of “President …
https://splash247.com/us-naval-forces-board-sanctioned-iran-linked-tanker-in-indian-ocean/
https://splash247.com/us-naval-forces-board-sanctioned-iran-linked-tanker-in-indian-ocean/The UK has rolled out its largest sanctions package against Russia since the early months of the war in Ukraine, with oil tankers and LNG shipping among the main targets as London looks to squeeze Moscow’s energy revenues. Nearly 300 entities have been sanctioned in the new measures announced Tuesday, with the government focusing heavily …
https://splash247.com/uk-hits-shadow-fleet-and-lng-trades-in-fresh-russia-sanctions-push/
https://splash247.com/uk-hits-shadow-fleet-and-lng-trades-in-fresh-russia-sanctions-push/Marine insurer NorthStandard has entered a two-year partnership with behavior change specialist Signol to offer members discounted access to a crew-focused decarbonization service aimed at reducing fuel consumption and emissions.Under the agreement…
https://www.marinelink.com/news/northstandard-partners-signol-support-536061
https://www.marinelink.com/news/northstandard-partners-signol-support-536061Malaysia-based offshore support vessel (OSV) builder Nam Cheong has secured shipbuilding contracts worth $64.5 million from a UAE-based global energy maritime logistics company for the construction of four offshore support vessels, marking its…
https://www.marinelink.com/news/nam-cheong-hooks-m-deal-build-four-osvs-536063
https://www.marinelink.com/news/nam-cheong-hooks-m-deal-build-four-osvs-536063Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has shipped the first ammonia fuel supply system (AFSS) and ammonia gas abatement system (AGAS) for Japan Engine Corporation.The systems are designed for J-ENG’s first…
https://www.marinelink.com/news/mitsubishi-delivers-first-ammonia-fuel-536064
https://www.marinelink.com/news/mitsubishi-delivers-first-ammonia-fuel-536064Spanish shipbuilder C.N.P. Freire has signed a contract with the Swedish Defence Materiel Administration (FMV) to construct four naval support vessels.The 47-meter vessels will be designed for naval support missions and built to operate in harsh weather and ice conditions.
https://www.marinelink.com/news/freire-signs-deal-swedens-fmv-four-naval-536065
https://www.marinelink.com/news/freire-signs-deal-swedens-fmv-four-naval-536065V., the global ship manager and marine services provider, has announced a new partnership with Greek shipowner Silk Searoad Maritime S.A for the technical management of their bulk and tanker fleet of eight vessels. Through the partnership, Silk…
https://www.marinelink.com/news/silk-searoad-appoints-v-bulk-tanker-fleet-536066
https://www.marinelink.com/news/silk-searoad-appoints-v-bulk-tanker-fleet-536066