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Capesize The Capesize market surrendered all of last week’s gains, extending its decline despite a firmer finish to the week. The BCI 182 5TC fell $2,796 from Monday’s opening level, although it recovered $296 on Friday to close at $45,731. Sentiment softened across all key regions with weakness evident in both basins during the early ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesize-market-sentiment-gradually-improving/Shipping’s extraordinary earnings boom powered further into uncharted territory on Friday, with Clarksons Research’s cross-sector ClarkSea Index jumping another 14% to $75,658 a day, its fourth consecutive all-time high. The index has now surged 73% in a month, while its year-to-date average is up 66% year on year and stands 84% above its 10-year trend. …
https://splash247.com/shipping-markets-hit-new-highs-across-multiple-sectors/
https://splash247.com/shipping-markets-hit-new-highs-across-multiple-sectors/When talk turns to revitalizing the U.S. maritime industrial base, many of the conversations come back to the critical nature of maritime missions and U.S. economic and national security. The U.S. Navy’s Military Sealift Command is a critical part of this national security equation…
https://www.marinelink.com/news/seafarers-wanted-msc-nicholson-touts-543415
https://www.marinelink.com/news/seafarers-wanted-msc-nicholson-touts-543415The Baltic Exchange’s dry bulk freight index increased on Friday for the second day in a row, driven by stronger capesize rates, though the index recorded an 8.1% decline for the week. The main Baltic index, which measures rates for capesize, panamax and supramax vessels, added 8 points, or 0.3%, to reach 3,148 points. The ...
https://www.hellenicshippingnews.com/baltic-dry-bulk-freight-index-edges-up-on-capesize-gains/
https://www.hellenicshippingnews.com/baltic-dry-bulk-freight-index-edges-up-on-capesize-gains/Ocean Network Express is consolidating its Asian regional management in Singapore, folding its Hong Kong-based East Asia headquarters into a new Asia Pacific operation from April 1, 2027. The Japanese containerline said the new Asia Pacific regional headquarters will combine its current East Asia operation in Hong Kong with the South Asia headquarters already based …
https://splash247.com/one-folds-hong-kong-regional-hq-into-singapore/
https://splash247.com/one-folds-hong-kong-regional-hq-into-singapore/Anthony Inglessis-led Carlova Maritime has ordered two 114,000 dwt aframax tankers at Imabari Shipbuilding, marking the Greek owner’s first newbuilding contracts in Japan since emerging from the break-up of Samos Steamship. Carlova’s newly updated fleet list shows the ships scheduled for delivery in the fourth quarter of 2029 and first quarter of 2030. Contract prices …
https://splash247.com/carlova-returns-to-japan-with-imabari-aframax-pair/
https://splash247.com/carlova-returns-to-japan-with-imabari-aframax-pair/Japanese shipping giant Mitsui OSK Lines (MOL) will operate two 210,000-dwt ore carriers for Vale under a 25-year contract, introducing tri-fuel propulsion to the long-haul iron ore trade. MOL Ocean Bulk, the group’s Singapore-based capesize bulker operator, signed the agreement with Vale International for vessels scheduled to enter service in 2030. The ships will primarily …
https://splash247.com/mol-lands-vale-charter-for-two-tri-fuel-ore-carriers/
https://splash247.com/mol-lands-vale-charter-for-two-tri-fuel-ore-carriers/UK oilfield services specialist EnerMech has secured a five-year extension to its non-destructive testing contract with Chevron Australia, retaining the inspection and asset-integrity work until the end of 2031. The Aberdeen-headquartered services company first won the assignment in 2017. The renewed agreement covers inspection and integrity support across Chevron Australia’s operations, including major LNG assets …
https://splash247.com/chevron-extends-australia-asset-integrity-deal-with-enermech/
https://splash247.com/chevron-extends-australia-asset-integrity-deal-with-enermech/Norwegian offshore vessel owner DOF has received a letter of intent to hire an I-class vessel in 2028. The scope of work includes DOF’s in-house project management and engineering, procurement, and logistics support services. DOF expects to confirm the full contract award by mid-November 2026. If the contract is awarded, the vessel will begin work …
https://splash247.com/dof-secures-preliminary-award-for-2028-project/
https://splash247.com/dof-secures-preliminary-award-for-2028-project/Golden Energy Offshore Services (GEOS) has secured two new charter contracts for its large platform supply vessel (PSV) Energy Swan with a combined estimated firm value of about $8.7 million.The first contract has a firm duration of about one month…
https://www.marinelink.com/news/golden-energys-psv-gets-two-new-charters-543424
https://www.marinelink.com/news/golden-energys-psv-gets-two-new-charters-543424