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China-based offshore wind foundations manufacturer Dajin Heavy Industry has launched a 40,000 DWT deck carrier, KING TWO, at its Panjin shipbuilding facility.The vessel, launched on April 19, is the second large-scale deck carrier built at the facility…
https://www.marinelink.com/news/dajin-expands-offshore-wind-logistics-538236
https://www.marinelink.com/news/dajin-expands-offshore-wind-logistics-538236Mermaid Subsea Services (UK) has extended its contract for the subsea support vessel Island Valiant, reinforcing its position in the North Sea decommissioning market.The vessel has supported Mermaid’s operations in the region for the past three years…
https://www.marinelink.com/news/mermaid-renews-subsea-vessel-deal-decom-538239
https://www.marinelink.com/news/mermaid-renews-subsea-vessel-deal-decom-538239C&C Marine and Repair held a keel laying ceremony at its Belle Chasse shipyard, marking a milestone in a new series of four hybrid escort tugs being built for Green Tug Towing (GTT). The vessels will support LNG carrier operations at Woodside…
https://www.marinelink.com/news/cc-marine-repair-hold-keel-laying-538243
https://www.marinelink.com/news/cc-marine-repair-hold-keel-laying-538243After 14 months in daily public transport service in Fredrikstad, Hyke’s fully electric F-15 Shuttle has demonstrated low energy consumption, strong passenger demand, and a compelling case for electric ferries as a cost-effective urban mobility solution.Traffic jams plague cities worldwide…
https://www.marinelink.com/news/hyke-electric-ferry-pilot-sees-success-538245
https://www.marinelink.com/news/hyke-electric-ferry-pilot-sees-success-538245Western Illinois University announced the formal establishment of the Corn Belt Ports Rural Logistics & Maritime Training & Education Consortium, a multi-state collaboration designed to strengthen the inland maritime workforce and support economic…
https://www.marinelink.com/news/corn-belt-ports-maritime-consortium-538247
https://www.marinelink.com/news/corn-belt-ports-maritime-consortium-538247Today, Monday, April 20 2026, the Baltic Dry Index climbed 66 points, reaching 2633 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 hit ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2633-up-66-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2633-up-66-points/Eight weeks of conflict in the Middle East have engineered a fertiliser crisis that threatens to reshape agricultural economics from Brazil to Southeast Asia, with roughly 24% of the global bulk fertiliser supply now effectively shut in behind the Strait of Hormuz While oil supply has dominated headlines since the conflict began, the fertiliser market …
https://splash247.com/strait-standoff-reshapes-fertiliser-trade-and-crop-economics/
https://splash247.com/strait-standoff-reshapes-fertiliser-trade-and-crop-economics/A 20-year-old VLCC has changed hands for just over $60m, underlining the continued strength in vintage tanker values. The Japanese-controlled, India-flagged Kasagisan (302,478 dwt, built 2006 at Mitsui) has reportedly been sold for $60.5m; no taker has been identified, but brokers point outside Korea. The deal could signal a market shift, breaking Sinokor Merchant Marine’s recent …
https://splash247.com/20-year-old-vlcc-fetches-60-5m/
https://splash247.com/20-year-old-vlcc-fetches-60-5m/India is moving to establish its own protection and indemnity (P&I) capability by creating the Bharat Maritime Insurance Pool, aimed at reducing reliance on overseas insurers and strengthening maritime self-sufficiency. The new pool will provide liability cover for Indian-flagged vessels, including risks such as pollution, collisions, and crew claims-areas traditionally dominated by the International Group …
https://splash247.com/india-sets-up-bharat-maritime-insurance-pool-to-challenge-global-pi-dominance/
https://splash247.com/india-sets-up-bharat-maritime-insurance-pool-to-challenge-global-pi-dominance/Smaller containerlines are rapidly exiting the transpacific trades as weakening freight rates erode margins, according to Danish consultancy Sea-Intelligence. Fresh analysis shows that capacity offered by non-alliance carriers on the Asia-North America west coast route has dropped to a 10-year low, excluding the early pandemic period. The sharp pullback highlights how quickly independent operators respond …
https://splash247.com/smaller-carriers-retreat-from-transpacific-as-rates-slide/
https://splash247.com/smaller-carriers-retreat-from-transpacific-as-rates-slide/