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Prices of iron ore futures ended lower on Monday, pressured by persistent weakness in top consumer China’s property sector, even as steel benchmarks and steelmaking ingredients posted gains. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! dropped 0.31% to 796 yuan ($111.75) a metric ton. The benchmark September iron ore ...
https://www.hellenicshippingnews.com/iron-ore-ends-lower-on-china-property-sector-woes/
https://www.hellenicshippingnews.com/iron-ore-ends-lower-on-china-property-sector-woes/The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended its gains from the previous session and rose to a more than one-month high on Monday, supported by higher capesize vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, gained ...
https://www.hellenicshippingnews.com/baltic-index-extends-gains-on-higher-rates-for-capesize-vessels/Wah Kwong NatPower and Shandong Port Group (SPG) have signed a strategic memorandum of understanding to develop large-scale shore power and ship charging projects. The agreement begins with Qingdao Port International, one of the world’s most automated terminals, and will explore new business models for electric vessels, establish technology and knowledge exchange, and lay the …
https://splash247.com/wah-kwong-natpower-shandong-port-group-to-advance-ship-charging-network/
https://splash247.com/wah-kwong-natpower-shandong-port-group-to-advance-ship-charging-network/Low-emission fuels and biofuels supplier Quadrise has appointed Peter Borup as its chief executive officer. Borup, who will take the CEO seat on October 1, is an accomplished international CEO with over 30 years of experience in the shipping industry. He began his career at A.P. Moller-Maersk, rising to the deputy director level, before moving …
https://splash247.com/quadrise-names-peter-borup-as-ceo/
https://splash247.com/quadrise-names-peter-borup-as-ceo/Nasdaq-listed Greek dry bulk owner EuroDry has sold one of its panamax vessels to an undisclosed buyer. The Aristides Pittas-led company said that it signed an agreement to sell the 2004-built 76,466 dwt Eirini P. bulker to an unaffiliated third party. According to the company, the vessel was sold for approximately $8.5m and will be …
https://splash247.com/eurodry-sheds-21-year-old-panamax/
https://splash247.com/eurodry-sheds-21-year-old-panamax/The American Bureau of Shipping (ABS) has issued the CR-Ex cyber resilience notation to three self-elevating units from Jana Marine Services, an industry first.The offshore units, JANA 505, 508 and 509, are the first offshore units to be awarded…
https://www.marinelink.com/news/jana-marines-jackup-barges-abs-cyber-530008
https://www.marinelink.com/news/jana-marines-jackup-barges-abs-cyber-530008Intermoor, Acteon’s Moorings and Anchors business line, and Jumbo Offshore, an offshore transportation and installation specialist, have entered into strategic alliance aimed at jointly delivering fully integrated project management, engineering…
https://www.marinelink.com/news/intermoor-jumbo-offshore-form-alliance-530015
https://www.marinelink.com/news/intermoor-jumbo-offshore-form-alliance-530015Portland Port in Dorset, UK celebrated the twin christening of two new vessels. Dignitaries and guests watched the christening of the Wyke Castle tug and the Silverwell pilot boat on the Dorset port’s Dock Jetty before an demonstration of the…
https://www.marinelink.com/news/portland-port-christens-two-new-vessels-530022
https://www.marinelink.com/news/portland-port-christens-two-new-vessels-530022The Henriksen HLH 3500 rescue boat and liferaft hook has become a key element of a new fall protection system invented by BC Ferries, the Descent Control System (DCS), which is now installed across its fleet of 38 ships. As launching boats at sea is a high-risk activity…
https://www.marinelink.com/news/henriksen-hooks-chosen-new-bc-ferries-530023
https://www.marinelink.com/news/henriksen-hooks-chosen-new-bc-ferries-530023Today, Monday, September 15 2025, the Baltic Dry Index climbed by 27 points, reaching 2153 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-2153-up-27-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2153-up-27-points/