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Today, Monday, April 27 2026, the Baltic Dry Index climbed 1 points, reaching 2666 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 ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2666-up-1-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2666-up-1-points/Norwegian offshore seismic vessel player Shearwater Geoservices has entered into an agreement to sell one of its vessels. Shearwater disclosed that it would sell its 2012-built vessel, SW Baret, to an undisclosed party for conversion to a dedicated source vessel. According to the company, the agreed sales price for the vessel and associated equipment exceeds …
https://splash247.com/shearwater-trims-fleet-with-disposal-of-idle-vessel/
https://splash247.com/shearwater-trims-fleet-with-disposal-of-idle-vessel/Norwegian offshore service provider Archer has been awarded a three-year contract extension by Equinor to provide wireline and intervention services on the Norwegian Continental Shelf. The contract extension builds on the integrated wireline contract originally awarded to Archer in 2021, under which Archer, together with its alliance partners, has delivered services across key Equinor assets. …
https://splash247.com/archer-secures-320m-equinor-contract-extension/
https://splash247.com/archer-secures-320m-equinor-contract-extension/A flaw in the ice-class calculation methodology used under FuelEU Maritime has left compliant shipping operators facing potential penalties running into tens of millions of euros – through no fault of their own. The error, which was embedded in the European Maritime Safety Agency’s (EMSA) Thetis compliance system and widely adopted by third-party verifiers, affected …
Greek owner Enesel Group has returned to the dry bulk market, with two capesize vessels at China’s Hengli Shipbuilding. The move on the 181,500 dwt newbuilds marks a re-entry into the segment for the Lemos family-controlled company, led by Andonis and Filippos Lemos, after stepping back from bulk shipping in recent years. The units are …
https://splash247.com/enesel-pivots-back-to-bulk-with-capesize-newbuilds-in-china/
https://splash247.com/enesel-pivots-back-to-bulk-with-capesize-newbuilds-in-china/A bitter boardroom battle between Genco Shipping & Trading and Diana Shipping has escalated further, with both sides trading accusations over governance, timing and control of the US-listed bulker owner. The latest flashpoint came after Genco filed its preliminary proxy statement for its 2026 annual general meeting, urging shareholders to back its existing board. The …
https://splash247.com/genco-and-diana-lock-horns-over-meeting-timing-as-takeover-battle-heats-up/
https://splash247.com/genco-and-diana-lock-horns-over-meeting-timing-as-takeover-battle-heats-up/Twenty thousand seafarers aboard 1,600 vessels remain stranded in the Persian Gulf, and the men and women keeping global trade moving say the world has forgotten them. International Maritime Organization secretary-general Arsenio Dominguez has given voice to their despair. “I spoke to a seafarer who had been trapped in the Persian Gulf for more than …
https://splash247.com/trapped-and-forgotten-seafarers-endure-mounting-toll-in-gulf-stand-off/
https://splash247.com/trapped-and-forgotten-seafarers-endure-mounting-toll-in-gulf-stand-off/Container shipping appears to be suffering from long covid. New data from Danish consultancy Sea-Intelligence shows that the continuing lack of vessel reliability has created a new baseline for vessel capacity absorption, at a level two to three times higher than the pre-pandemic normality. Capacity absorption due to low reliability during the pandemic at the …
https://splash247.com/container-shippings-long-covid-reshapes-capacity/
https://splash247.com/container-shippings-long-covid-reshapes-capacity/Somali piracy is back in the spotlight after four attacks in as many days, including two vessel hijackings, prompting authorities to raise the threat level for the region and warn commercial shipping to exercise extreme caution. The United Kingdom Maritime Trade Operations (UKMTO) reported yesterday that a cargo ship located six nautical miles northeast of …
https://splash247.com/piracy-resurges-in-somali-waters-amid-wider-regional-shipping-crisis/
https://splash247.com/piracy-resurges-in-somali-waters-amid-wider-regional-shipping-crisis/Qatar’s LNG export machine has suffered its most severe disruption in more than two decades, with analysts warning that while flows could partially recover within months, a full return to pre-war levels may take years. Data compiled by tanker and gas analyst Nikolas Zannikos at AXSMarine shows just how sharp the drop has been. After …
https://splash247.com/qatar-lng-faces-long-road-back-after-unprecedented-disruption/
https://splash247.com/qatar-lng-faces-long-road-back-after-unprecedented-disruption/