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Flour millers in Asia have ramped up imports of U.S. wheat in recent weeks, driven by competitive prices from American suppliers and delays in shipments from the Black Sea, according to grain traders at an international conference. Indonesian importers have finalised deals for around 500,000 tons, while buyers in Bangladesh secured about 250,000 tons and ...
https://www.hellenicshippingnews.com/asia-millers-buy-more-us-wheat-on-competitive-prices-black-sea-delays/Today, Thursday, September 18 2025, the Baltic Dry Index climbed by 25 points, reaching 2205 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-climbs-to-2205-up-25-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2205-up-25-points/The summer lull is firmly behind us, with bulk carrier sales soaring. Buyers from Greece, Turkey, Indonesia, and Thailand have stepped in aggressively—outbidding their Chinese counterparts, who had dominated the market over the summer. Among the most active names this week is Lou and George Kollakis’ Chartworld Shipping. The Athens-based owner is poised to lift …
https://splash247.com/chartworld-pounces-for-japanese-capes/
https://splash247.com/chartworld-pounces-for-japanese-capes/AD Ports Group has contracted Baku Shipyard in Azerbaijan to build two shallow-draft 780 teu container vessels that will serve trade routes across the Caspian Sea. The ships will be delivered towards the end of 2027. No price has been revealed. “These shallow-draft vessels, specifically designed for use within the Caspian Sea, will play a …
https://splash247.com/ad-ports-orders-pair-of-boxships-at-baku-shipyard/
https://splash247.com/ad-ports-orders-pair-of-boxships-at-baku-shipyard/Newport-based Pangaea Logistics Solutions has confirmed a leadership transition with CEO Mark Filanowski stepping down at the turn of the year after more than a decade at the helm. Chief operating officer Mads Petersen will take over as president and CEO from January 1, 2026. Filanowski, who joined Pangaea in 2014 and became chief executive …
https://splash247.com/leadership-handover-at-pangaea-as-long-serving-ceo-filanowski-retires/
https://splash247.com/leadership-handover-at-pangaea-as-long-serving-ceo-filanowski-retires/NatPower Marine and Peel Ports Group are set to commence installation of shore power at Heysham port this month, with the first plug live in the initial phase and expansion to four across all berths, by 2026. This will enable all Heysham routes within the Irish Sea to operate with zero emissions while at berth …
https://splash247.com/uk-to-debut-an-electric-shipping-route/
https://splash247.com/uk-to-debut-an-electric-shipping-route/Pierre Aury issues some principle disapprovals over some new LNG ship designs he’s come across recently. A few weeks ago, two pieces of information caught our attention. The first one is about Mitsui OSK Lines (MOL) obtaining an approval in principle from Lloyd’s Register (LR) for a new design of a membrane-type LNG carrier equipped …
https://splash247.com/new-gas-carrier-designs-make-no-sense/
https://splash247.com/new-gas-carrier-designs-make-no-sense/With less than four weeks until the US hikes port fees for China-linked tonnage, COSCO, the world’s fourth largest containerline, has moved to reassure clients it will maintain a stable coverage on the transpacific. COSCO conceded in a note to clients that the new fees from the US Trade Representative (USTR) may pose certain operational …
https://splash247.com/cosco-pledges-stable-transpac-coverage-as-us-fee-regime-nears/
https://splash247.com/cosco-pledges-stable-transpac-coverage-as-us-fee-regime-nears/Nippon Yusen Kabushiki Kaisha (NYK) has purchased carbon dioxide removal credits that will be enabled by 1PointFive’s Direct Air Capture (DAC) technology.This marks NYK’s second purchase of credits from 1PointFive intended to address NYK’s residual operational emissions.According to NYK…
https://www.marinelink.com/news/nyk-buys-direct-air-capture-credits-530135
https://www.marinelink.com/news/nyk-buys-direct-air-capture-credits-530135GTT has received, during the third quarter of 2025, an order from the shipyard Samsung Heavy Industries (SHI) for the tank design of four new LNG Carriers.GTT will design the cryogenic tanks of the vessels, each offering a total capacity of 174…
https://www.marinelink.com/news/gtt-design-tanks-four-new-lng-carriers-530136
https://www.marinelink.com/news/gtt-design-tanks-four-new-lng-carriers-530136