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Today, Tuesday, October 6 2026, the Baltic Dry Index decreased by 68 points, reaching 3002 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-3002-down-68-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-3002-down-68-points/The Baltic Exchange’s dry bulk freight index dropped to its lowest point in six weeks on Tuesday, pulled down by declining capesize rates. The main Baltic index, which monitors rates for capesize, panamax and supramax vessels, fell 68 points, or 2.2%, to 3,002 points. This marks the index’s weakest level since August 25. The capesize ...
https://www.hellenicshippingnews.com/baltic-dry-bulk-freight-index-hits-six-week-low/
https://www.hellenicshippingnews.com/baltic-dry-bulk-freight-index-hits-six-week-low/Today, Tuesday, October 6 2026, the Baltic Dry Index decreased by 68 points, reaching 3002 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-3002-down-68-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-3002-down-68-points/Taiwan’s U-Ming Marine Transport has committed up to $312m on six more bulkers in China, adding four ultramaxes and firming another pair of Newcastlemaxes as it presses ahead with plans to build a 100-ship fleet. Two separate Taiwan exchange disclosures from U-Ming’s Singapore subsidiary put the combined investment at between $296m and $312m. The larger …
https://splash247.com/u-ming-doubles-down-in-china-with-six-ship-bulker-spend/
https://splash247.com/u-ming-doubles-down-in-china-with-six-ship-bulker-spend/Singapore shipyard group Seatrium has secured a contract from Karpowership to convert an LNG carrier into the FSRU LNGT Akdeniz, extending a partnership that has produced seven delivered units since 2018. The work is scheduled to begin in the first quarter of 2027. LNGT Akdeniz will be the ninth FSRU conversion awarded by Karpowership to …
https://splash247.com/seatrium-bags-ninth-karpowership-fsru-conversion/
https://splash247.com/seatrium-bags-ninth-karpowership-fsru-conversion/Geneva-based Advantage Tankers has added two LR2 product tankers at Dalian Shipbuilding Industry Corporation and expanded its MR newbuilding programme at Guangzhou Shipyard International from four ships to six. The latest move gives the Nazlı Williams-controlled owner another four ships beyond the MR quartet Splash uncovered last month. Chief executive Tuğrul Tokgöz has confirmed the …
https://splash247.com/advantage-tops-up-china-tanker-spree-with-lr2s-and-extra-mrs/
https://splash247.com/advantage-tops-up-china-tanker-spree-with-lr2s-and-extra-mrs/Shipping markets rarely announce the top with any clarity. More often, the argument about whether the peak has arrived only really starts when freight rates are still climbing, asset values are making less and less conventional sense and owners are sufficiently confident to keep buying ships at prices that would have looked ridiculous a few …
https://splash247.com/how-close-is-shipping-to-the-top/
https://splash247.com/how-close-is-shipping-to-the-top/Shipments of iron ore from U.S. ports on the Great Lakes decreased 1.2 percent from last year to 4.6 million tons in September. Shipments were below the month’s 5-year average by 11.4 percent.Year-to-date, the iron ore trade stands at 32.2 million tons, a 2.4 percent increase compared to 2025.
https://www.marinelink.com/news/september-trade-great-lakes-iron-ore-543462
https://www.marinelink.com/news/september-trade-great-lakes-iron-ore-543462Wooden sailing vessel Batavia was successfully transported to and installed at its final resting place in Lelystad on Oct 2. The 1995-delivered, full-scale reconstruction of the 1628 Dutch East India Company ship had been prepared for its final voyage at Damen Shiprepair Amsterdam.
https://www.marinelink.com/news/batavia-vessel-transported-successfully-543463
https://www.marinelink.com/news/batavia-vessel-transported-successfully-543463Ongoing fleet renewal by niche player Cool Carriers indicates continuing competitiveness at scale of the specialized, pallet-optimized reefership.Not so long ago, it seemed that the unrelenting march of containerization and ever-widening influence…
https://www.marinelink.com/news/reefer-ships-resilient-link-cold-chain-543464
https://www.marinelink.com/news/reefer-ships-resilient-link-cold-chain-543464