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Jumbo Offshore has signed two contracts for the Transport and Installation (T&I) of Transition Pieces (TPs) for an upcoming offshore wind farm development.Jumbo Offshore will install the TPs using one of its two DP2 heavy-lift vessels during the project campaigns.In addition to T&I…
https://www.marinelink.com/news/jumbo-scoops-two-offshore-wind-contracts-533450
https://www.marinelink.com/news/jumbo-scoops-two-offshore-wind-contracts-533450ZINUS AS, has signed a new contract with the Norwegian system integrator, SEAM AS, for the delivery of a complete Cable Management System (CMS) to the OMYA Hustadmarmor project.The project represents a milestone for both ZINUS and SEAM, as the ZINUS charging towers…
https://www.marinelink.com/news/zinus-seam-deliver-cable-management-533451
https://www.marinelink.com/news/zinus-seam-deliver-cable-management-533451Leading tanker shipping company Stena Bulk has announced that it has officially reflagged its Suezmax tanker Stena Surprise under the Swedish flag, marking a milestone for Swedish shipping. A ceremony was held on board the vessel in Nynäshamn, Sweden.
https://www.marinelink.com/news/stena-surprise-tanker-reflagged-sweden-533452
https://www.marinelink.com/news/stena-surprise-tanker-reflagged-sweden-533452On December 8, Techcross received cyber security type approval from ABS and NK, becoming the first company in the industry to obtain cyber security type approvals from five major global classification societies.Both of Techcross's Ballast Water Management Systems (BWMS)…
https://www.marinelink.com/news/techcross-receives-cyber-security-type-533454
https://www.marinelink.com/news/techcross-receives-cyber-security-type-533454Prices of iron ore futures slid on Thursday on elevated concerns over demand in top consumer China fueled by weakening steel consumption that has outweighed hopes of policy signals from Beijing’s high-level meeting. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! closed daytime trade 1.3% lower at 757 yuan ($107.22) a ...
https://www.hellenicshippingnews.com/iron-ore-slides-as-china-demand-outlook-dims/
https://www.hellenicshippingnews.com/iron-ore-slides-as-china-demand-outlook-dims/Climate tech specialist Syroco is pleased to announce new results from its voyage optimisation platform, Syroco Live. The system, which leverages advanced predictive models to improve routing and energy management, demonstrates significant potential in enabling bulk carriers to operate more efficiently. The capabilities of Syroco Live were recently validated on a transoceanic voyage by an ...
https://www.hellenicshippingnews.com/syroco-live-enhances-energy-efficiency-and-voyage-economics-for-bulk-carriers/A likely tightening of palm oil supply driven by Indonesia’s higher biodiesel mandate is expected to support continued growth in longhaul soybean oil shipments from the Americas to Asia in 2026, thereby boosting tonne-mile demand for large chemical tankers. However, the ongoing US–India trade negotiations pose a downside risk. If India allows imports of genetically ...
https://www.hellenicshippingnews.com/growth-of-longhaul-vegoil-trade-at-risk-amid-looming-us-india-trade-deal/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a near three-week low on Thursday, weighed down by weaker vessel rates across all segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell for its sixth straight session by ...
https://www.hellenicshippingnews.com/baltic-index-extends-losses-to-near-three-week-low-on-falling-vessel-rates/Today, Friday, December 12 2025, the Baltic Dry Index decreased by 89 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-falls-to-2205-down-89-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2205-down-89-points/One of Russia’s two biggest oil producers Lukoil has stopped production on a platform on the Vladimir Filanovsky field after a strike by four Ukrainian aerial drones. According to media reports quoting the Ukrainian Security Service, this was the first time a drone struck a Russian oil platform in the Caspian. The V. Filanovsky field, …
https://splash247.com/lukoil-halts-output-at-major-caspian-field-after-ukrainian-drone-attack/
https://splash247.com/lukoil-halts-output-at-major-caspian-field-after-ukrainian-drone-attack/