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Oil prices fell to a two-week low on Tuesday as prospects for Gulf supplies improved, with Iran signaling it could reopen the Strait of Hormuz within seven days and Saudi Arabia set to resume exports from its Red Sea port of Yanbu.The Brent crude futures LCOc1 November contract was down $2.11…
https://www.marinelink.com/news/oil-drops-hormuz-reopening-prospects-ease-543149
https://www.marinelink.com/news/oil-drops-hormuz-reopening-prospects-ease-543149Crowley and Junior Achievement Americas (JAA) are expanding career opportunities for students in Puerto Rico, helping connect young people with careers in maritime transportation, logistics and supply chain management vital to the island's economy.The…
https://www.marinelink.com/news/crowley-expands-career-opportunities-543153
https://www.marinelink.com/news/crowley-expands-career-opportunities-543153Today, Tuesday, September 22 2026, the Baltic Dry Index climbed 33 points, 3432 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 a ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-3432-up-33-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-3432-up-33-points/HD Hyundai Heavy Industries, GTT and Lloyd’s Register have launched a project to develop what would be the largest vessel concept yet for the ethane carrier market. The three companies have signed a joint development project covering a 150,000 cu m ultra-large ethane carrier (ULEC) equipped with GTT’s Mark III Slim cargo containment system. The …
https://splash247.com/ultra-large-ethane-carrier-project-gets-underway/
https://splash247.com/ultra-large-ethane-carrier-project-gets-underway/Emirates Shipping Line (ESL) will stop accepting plastic waste shipments from October 1, becoming only the second ocean carrier to impose a blanket ban on the trade. The Dubai-based carrier said it would no longer take bookings for plastic waste cargoes under HS Code 3915, citing its commitment to protecting marine ecosystems and biodiversity. The …
https://splash247.com/emirates-shipping-line-bans-plastic-waste-cargoes/
https://splash247.com/emirates-shipping-line-bans-plastic-waste-cargoes/Cruise and container giant Mediterranean Shipping Co (MSC) is in talks over a possible investment in German shipyard Meyer Werft. Bloomberg and multiple German media have reported MSC is negotiating for a possible acquisition of the 80% stake in Meyer Werft currently held by Germany’s federal government and the state of Lower Saxony. The Meyer …
https://splash247.com/msc-eyes-meyer-werft/
https://splash247.com/msc-eyes-meyer-werft/More than four in 10 seafarers either do not feel safe raising a serious concern at sea or are unsure whether they could do so without repercussions, according to a new five-year review of crew welfare standards. The finding is among the starkest in Five Years into the Code of Conduct: What’s Changed for Seafarers?, …
https://splash247.com/four-in-10-seafarers-unwilling-to-report-serious-safety-concerns/
https://splash247.com/four-in-10-seafarers-unwilling-to-report-serious-safety-concerns/The seaborne coal trade is throwing up an increasingly important paradox for dry bulk shipping: headline demand from China is weakening, but changes in where the coal comes from are helping to keep vessel demand surprisingly resilient. Recent research from Greece’s Ursa Shipbrokers notes that total Chinese coal imports actually rose 3.4% year-on-year to 310.2m …
https://splash247.com/coals-shrinking-tonnes-are-travelling-further/
https://splash247.com/coals-shrinking-tonnes-are-travelling-further/Marseille-based liner Marfret has signed for two feeder containerships at China’s Hubei Guangji Green Energy Shipbuilding, handing the recently commissioned Yangtze yard another overseas order. The contract covers two 480 teu ships. Pricing and delivery dates have not been disclosed. Shanghai Merchant Ship Design and Research Institute (SDARI) is behind the design, with the vessels …
https://splash247.com/marfret-orders-boxship-pair-at-chinese-newcomer-yard/
https://splash247.com/marfret-orders-boxship-pair-at-chinese-newcomer-yard/Turkey has pushed back the planned departure of the Osman Gazi floating production platform from Filyos Port to late October, delaying its deployment to the Sakarya gas field in the Black Sea. Energy and Natural Resources Minister Alparslan Bayraktar had previously said the unit would leave Filyos at the end of September and enter service …
https://splash247.com/turkey-delays-black-sea-fpu-deployment/
https://splash247.com/turkey-delays-black-sea-fpu-deployment/