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Nearly 12 years after Malaysia Airlines Flight MH370 vanished with 239 people on board, the mystery remains unresolved. Later this month, a new seabed search is scheduled to begin in the southern Indian Ocean, renewing hopes that long-awaited…
https://www.marinelink.com/news/find-fee-search-mh-commence-533899
https://www.marinelink.com/news/find-fee-search-mh-commence-533899Product tankers shipowner d’Amico International Shipping S.A. said its operating subsidiary d’Amico Tankers D.A.C. (Ireland) signed a shipbuilding contract with Guangzhou Shipyard International Company Limited (China) for two new Medium Range 1 (MR1 – 40…
https://www.marinelink.com/news/damico-orders-pair-eco-design-vessels-533900
https://www.marinelink.com/news/damico-orders-pair-eco-design-vessels-533900Today, Wednesday, December 24 2025, the Baltic Dry Index decreased by 12 points, reaching 1877 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-1877-down-12-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1877-down-12-points/London-listed liftboat operator Gulf Marine Services (GMS) has won a new contract for one of its E-class vessels in the Middle East. The contract for an unnamed large-class vessel will last for two years, including options to extend the deal further. Financial details and the client were left undisclosed. GMS has four E-class self-propelled, self-elevating …
https://splash247.com/gulf-marine-services-secures-new-middle-east-liftboat-charter/
https://splash247.com/gulf-marine-services-secures-new-middle-east-liftboat-charter/Norway-based Deep Value Driller has won an extension of the bareboat charter for a seventh-generation drillship of the same name from Italian offshore engineering and construction giant Saipem. Saipem has extended the charter of the 2014-built drillship Deep Value Driller, formerly known as Bolette Dolphin, for a firm period of 31 days until July 31, 2026. The two …
https://splash247.com/saipem-extends-drillship-charter-and-300m-purchase-option-deadline/
https://splash247.com/saipem-extends-drillship-charter-and-300m-purchase-option-deadline/China is dominating the secondhand capesize market this year, and Winning is topping the buyer table. Winning Shipping is closing in on double-digit capesize purchases in 2025, emerging as the buyer of its six-vintage newcastlemax deals in as many months. The latest addition is an 18-year-old heavyweight, purchased for an undisclosed fee. The Chinese owner …
https://splash247.com/winning-in-lead/
https://splash247.com/winning-in-lead/Iron ore futures edged up on Friday as China announced that it would continue with its export licensing plans, but ultimately ended the week lower as inventories grow and demand cools. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) traded up 0.71% at 783 yuan($111.74) a metric ton. The contract was ...
https://www.hellenicshippingnews.com/iron-ore-ends-the-week-lower-due-to-lower-demand-stockpile-build-up/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, inched lower on Wednesday, but logged its best year since 2016. The Baltic report will not be published until January 2, 2026 due to post-Christmas and New Year holidays. The main index which factors in rates for capesize, ...
https://www.hellenicshippingnews.com/baltic-index-logs-best-year-since-2016/
https://www.hellenicshippingnews.com/baltic-index-logs-best-year-since-2016/Oil prices fell by more than $1 a barrel on Friday as investors weighed a looming global supply glut, while also keeping an eye on a potential Ukraine peace deal ahead of talks this weekend between Ukrainian President Volodymyr Zelenskiy and U.S.
https://www.marinelink.com/news/oil-prices-fall-looming-supply-glut-533875
https://www.marinelink.com/news/oil-prices-fall-looming-supply-glut-533875Norwegian Car Carriers (NOCC) has added another ship to its growing car carrier programme in China, signing up for a fourth dual-fuel newbuilding at CIMC Raffles. The Oslo-based owner, controlled by a company advised by JP Morgan, has ordered a 7,000 ceu vessel capable of running on LNG. Chief executive Olav Sollie confirmed the deal …
https://splash247.com/jp-morgan-backed-nocc-tops-up-china-car-carrier-orderbook/
https://splash247.com/jp-morgan-backed-nocc-tops-up-china-car-carrier-orderbook/