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Capesize The Capesize market held broadly steady this week, moving within a narrow range as sentiment shifted between softer patches and bursts of firmer activity. In the Pacific, early caution prevailed despite multiple miners in the market, with C5 rates dipping below $10 midweek, rebounding to the low $10s as operator-led fixtures gained traction, then ...
https://www.hellenicshippingnews.com/capesize-market-holds-steady-last-week/
https://www.hellenicshippingnews.com/capesize-market-holds-steady-last-week/As top EU leaders also plan to meet with US president Trump on Monday and seek a path to end the Ukraine war, oil fell nearly 2% last week, reports cash buyer GMS.It closing it out at $62.80/barrel even though the easing of sanctions could see…
https://www.marinelink.com/news/ship-recyclers-drip-fed-tonnage-529034
https://www.marinelink.com/news/ship-recyclers-drip-fed-tonnage-529034On August 15, the Panama Canal marked 111 years of operations, renewing its commitment to a sustainable future through a water strategy focused on public well-being and an operational vision that enhances the country’s logistical competitiveness.Since the waterway’s inauguration in 1914…
https://www.marinelink.com/news/panama-canal-celebrates-years-operation-529032
https://www.marinelink.com/news/panama-canal-celebrates-years-operation-529032ABS and US defense engineering company Saronic Technologies have signed a memorandum of understanding (MOU) to explore autonomous technologies for maritime applications.The agreement establishes a cooperative framework for both organizations…
https://www.marinelink.com/news/abs-saronic-collaborate-autonomous-ship-529030
https://www.marinelink.com/news/abs-saronic-collaborate-autonomous-ship-529030The Arab Shipbuilding and Repair Yard Company (ASRY) conducted its 2025 Health, Safety and Environment (HSE) Week August 11 to 13 under the theme “Elevating HSE Culture with Safe Summer.”.The three-day program drew wide participation from ASRY…
https://www.marinelink.com/news/asry-conducts-hse-week-529029
https://www.marinelink.com/news/asry-conducts-hse-week-529029Webb Institute has once again been recognized as one of the nation’s best undergraduate institutions, according to The Princeton Review. The education services company features Webb in the 2026 edition of its highly selective annual guide, The Best 391 Colleges…
https://www.marinelink.com/news/webb-institute-named-one-nations-best-529028
https://www.marinelink.com/news/webb-institute-named-one-nations-best-529028Germany's foreign minister on Sunday criticised what he called the "aggressive behaviour" of China in the Taiwan Strait ahead of a trip to Japan and Indonesia, and stressed the need to strengthen internationally binding rules.Speaking to reporters…
https://www.marinelink.com/news/germany-criticises-chinas-aggressive-529027
https://www.marinelink.com/news/germany-criticises-chinas-aggressive-529027Seaspan Corporation has inked a fresh round of newbuilding orders in China, adding twelve 9,000 teu containerships to its fleet pipeline. The vessels will be built at Hudong-Zhonghua Shipbuilding, part of China State Shipbuilding Corporation (CSSC), with deliveries slated to begin in 2028. The deal is the latest in a series of high-profile orders by …
https://splash247.com/seaspan-grows-newbuild-pipeline-with-12-ship-deal-in-china/
https://splash247.com/seaspan-grows-newbuild-pipeline-with-12-ship-deal-in-china/Xeneta has acquired fellow Scandinavian maritime and supply chain data company eeSea. By adding eeSea’s global schedule, transit time and reliability data to its existing range of freight rate data, Xeneta said in a release it will enable BCO procurement teams to manage freight contracts and suppliers based on service levels, and not just cost. …
https://splash247.com/xeneta-acquires-eesea/
https://splash247.com/xeneta-acquires-eesea/Capesize values continue to firm, with a string of reported sales now confirmed and delivered. Greek and Chinese buyers have been the most active, tying their names to the majority of transactions. Goldenport has doubled its cape exposure, acquiring its first unit of the year — the 13-year-old, 176,000 dwt Pacific East (Shanghai Waigaoqiao Shipbuilding, …
https://splash247.com/capesize-values-climb-as-goldenport-deal-closes/
https://splash247.com/capesize-values-climb-as-goldenport-deal-closes/