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The global bulk carrier fleet is aging. With a 12% annual increase in carriers aged 21 years or older and 32% of global tonnage now over 15 years old, a significant proportion of the world’s bulker ships are reaching the latter part of their operational lifespan . Given that the average lifespan of these vessels ...
https://www.hellenicshippingnews.com/how-to-maximise-the-earning-potential-of-your-aging-bulker-fleet/Eco Marine Power Co., Ltd. announced that it has commenced evaluation trials of its updated solar power system known as Aquarius Marine Solar Power, and the first of several photovoltaic (PV) module technologies. The trials, planned to run for 12 to 18 months…
https://www.marinelink.com/news/eco-marine-power-launches-evaluation-528602
https://www.marinelink.com/news/eco-marine-power-launches-evaluation-528602Indian Register of Shipping (IRS) has provided Quality Assurance (QA) services during Hindustan Shipyard Limited’s (HSL) fastest-ever “normal refit” of an EKM‑class submarine, which was successfully completed on July 21, 2025. A national benchmark…
https://www.marinelink.com/news/indian-register-shipping-provides-quality-528603
https://www.marinelink.com/news/indian-register-shipping-provides-quality-528603The migration route from Libya across the Mediterranean, used by thousands seeking a way to get to Europe, was a top issue at a meeting on Friday between the leaders of Turkey, Italy and Libya in Istanbul, Turkey's presidency said.President…
https://www.marinelink.com/news/mediterranean-leaders-discuss-migration-528605
https://www.marinelink.com/news/mediterranean-leaders-discuss-migration-528605Thousands of license applications by U.S. companies to export goods and technology around the globe, including to China, are in limbo because turmoil at the agency in charge of approving them has left it nearly paralyzed, two sources said.While U.S.
https://www.marinelink.com/news/us-commerce-disorganization-stalls-528607
https://www.marinelink.com/news/us-commerce-disorganization-stalls-528607Today, Friday, August 01 2025, the Baltic Dry Index climbed by 15 points, reaching 2018 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-2018-up-15-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2018-up-15-points/Iron ore futures prices traded little changed on Friday but were set for weekly losses, as expectations of more stimulus from top consumer China for the struggling property sector faded, dimming demand prospects for the steelmaking ingredient. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.19% lower at ...
https://www.hellenicshippingnews.com/iron-ore-heads-for-weekly-loss-as-hopes-fade-for-china-stimulus/The global coal market is on the cusp of an extraordinary shift, preparing for what the International Energy Agency (IEA) in its Coal Mid-Year Update 2025 describes as “an unprecedented occurrence in this century”: a second consecutive year of decline in trade. For 2026, the IEA forecasts a continued reduction in China’s import demand, which ...
https://www.hellenicshippingnews.com/beyond-peak-coal-trade/
https://www.hellenicshippingnews.com/beyond-peak-coal-trade/The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged higher on Friday but logged its worst week since early-June, weighed down by lower rates across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, rose 15 points, or 0.75%, to ...
https://www.hellenicshippingnews.com/baltic-index-records-worst-week-in-more-than-a-month/
https://www.hellenicshippingnews.com/baltic-index-records-worst-week-in-more-than-a-month/Triton, a European mid-market investment company, has completed the acquisition of MacGregor from previous owner Hiab, formerly Cargotec.The transaction between Triton and Hiab, first announced in November 2024, was closed on July 31, 2025.MacGregor…
https://www.marinelink.com/news/triton-completes-macgregor-acquisition-528583
https://www.marinelink.com/news/triton-completes-macgregor-acquisition-528583