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Today, Tuesday, October 28 2025, the Baltic Dry Index decreased by 26 points, reaching 1950 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-1950-down-26-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1950-down-26-points/The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended losses on Tuesday, weighed down by declining vessel rates across all segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 26 points, or 1.3%, to 1,950 points, its lowest in ...
https://www.hellenicshippingnews.com/baltic-index-extends-losses-on-weak-vessel-rates-across-the-board/Today, Wednesday, October 29 2025, the Baltic Dry Index climbed by 11 points, reaching 1961 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-1961-up-11-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1961-up-11-points/Offshore drilling giant Noble Corporation has announced several new rig deals in its latest fleet status report, and one rig sale. The driller stated that three of its jackup rigs won more work with their respective charterers. The 2008-built Noble Resolute won a one-year contract with Italian giant Eni in the Dutch part of the …
https://splash247.com/noble-secures-multiple-rig-deals-and-boosts-backlog-to-7bn/
https://splash247.com/noble-secures-multiple-rig-deals-and-boosts-backlog-to-7bn/In light of this month’s surprise move by member states to put the Net-Zero Framework (NZF) on ice, the world’s leading shipping organisations have reaffirmed their support to the International Maritime Organization (IMO) as the global regulator for international shipping. The Tripartite Forum of shipbuilders, shipowners and classification societies, which features the likes of BIMCO, …
https://splash247.com/top-shipping-organisations-reaffirm-support-for-imo-as-global-regulator/
https://splash247.com/top-shipping-organisations-reaffirm-support-for-imo-as-global-regulator/The year 2025 is shaping up to be the best year for tankers in a decade, according to analysis carried in the October issue of Splash Extra, now available to read for free. Year-to-date average VLCC earnings of $44,279 are the best since 2015, when China was filling its newly built strategic petroleum reserve, when …
https://splash247.com/tanker-rates-poised-to-close-2025-with-best-year-in-a-decade/
https://splash247.com/tanker-rates-poised-to-close-2025-with-best-year-in-a-decade/Japan has achieved another world first in the race to decarbonise shipping. A consortium of Kawasaki Heavy Industries, Yanmar Power Solutions and Japan Engine Corporation has successfully carried out the first land-based operation of marine hydrogen engines, marking a major step toward zero-emission ship propulsion. The trial took place at Japan Engine’s headquarters factory using …
https://splash247.com/japan-delivers-worlds-first-land-based-marine-hydrogen-engine-test/
https://splash247.com/japan-delivers-worlds-first-land-based-marine-hydrogen-engine-test/Monaco-headquartered Transocean Maritime Agencies has been revealed as the buyer behind an order for containership newbuildings in China, marking the company’s latest fleet expansion and its first step into the box segment. Industry sources and shipbuilding databases show Transocean has contracted two 1,930 teu vessels at Guangzhou Huangpu Wenchong Shipbuilding, likely of the yard’s in-house …
https://splash247.com/monaco-owner-transocean-breaks-into-boxships-with-newbuilds-in-china/
https://splash247.com/monaco-owner-transocean-breaks-into-boxships-with-newbuilds-in-china/South Korea’s flagship carrier HMM has become the eighth member of the exclusive teu millionaires club. HMM’s fleet now stands at 1,007,180 teu, according to analysis by Alphaliner, which noted in its most recent weekly report that the Korean carrier’s operated capacity has doubled over the past five years, the 2020s being the most profitable …
https://splash247.com/hmm-joins-the-exclusive-teu-millionaires-club/
https://splash247.com/hmm-joins-the-exclusive-teu-millionaires-club/Everllence has announced the world’s first conversion of an Everllence B&W S90 two-stroke engine to dual-fuel methanol running following the successful sea-trials of COSCO Shipping Lines’ 20,000+ TEU container vessel, COSCO Shipping Libra.The…
https://www.marinelink.com/news/everllence-partners-complete-s-methanol-531681
https://www.marinelink.com/news/everllence-partners-complete-s-methanol-531681