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The India-US trade deal, agreed early February, would open the door to the exports of US corn and dried distillers grains with solubles, market participants said Feb. 12. India and the US have unveiled a new trade agreement that resets and expands economic ties after months of tension over tariffs and market access. Under the ...
https://www.hellenicshippingnews.com/india-us-trade-deal-opens-doors-for-us-corn-ddgs-exports-industry-sources/Capesize The Capesize market started the week on a softer note but gradually reversed course from mid‑week as both basins lent support. The Capesize 5 Timecharter average (C5TC 182) opened at $25,692 and closed at $28,849, marking a $3,157 rise over the five trading days. Among all routes, the transpacific run delivered the strongest contribution ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesizes-found-support-towards-the-end-of-the-week/DP World chairman and CEO Sultan Ahmed Bin Sulayem has resigned with mounting pressure over his alleged ties to Jeffrey Epstein.Bin Sulayem, one of the Middle East's most prominent business figures, is among the highest-profile executives to…
https://www.marinelink.com/news/epstein-files-brings-down-dp-world-boss-535727
https://www.marinelink.com/news/epstein-files-brings-down-dp-world-boss-535727Often debated and long-awaited, The White House released its long-anticipated America’s Maritime Action Plan (MAP), a 40+ page blueprint aimed at what it calls a new “Maritime Golden Age” for the United States.The document, developed under Executive Order 14269…
https://www.marinelink.com/news/trump-administration-unveils-details-535729
https://www.marinelink.com/news/trump-administration-unveils-details-535729The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, snapped a two-day winning streak on Friday, falling about 0.6% to 2,083 points, pressured by the bigger-size segment. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, decreased by 1.9% to 3,181 points. Meanwhile, the panamax ...
https://www.hellenicshippingnews.com/baltic-dry-index-halts-2-day-advance/
https://www.hellenicshippingnews.com/baltic-dry-index-halts-2-day-advance/Seaborne iron ore exports from Brazil, the second largest iron ore exporter kept their downward trend during 2025, but even more so during the first month of 2026. In its latest weekly report, shipbroker Banchero Costa said that “2025 was another positive year for global seaborne iron ore trade. In Jan-Dec 2025, global loadings of ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-brazils-iron-ore-exports-keep-edging-lower/
https://www.hellenicshippingnews.com/dry-bulk-shipping-brazils-iron-ore-exports-keep-edging-lower/Norwegian shortsea specialist Halten Bulk has signed contracts for up to four 7,100 dwt self-discharging bulk carriers at Jiangsu Soho Marine Heavy Industry. The vessels will be built to the Norwegian Ship Design Company’s NSD 105CC design and fitted with rotor sails as part of a package aimed at cutting fuel use and emissions in …
https://splash247.com/halten-bulk-doubles-down-on-low-emission-shortsea-shipping/
https://splash247.com/halten-bulk-doubles-down-on-low-emission-shortsea-shipping/Thailand’s Precious Shipping has made its first move into the tanker sector with the acquisition of a medium-range product tanker as it looks to diversify beyond dry bulk. The Bangkok-listed owner said its wholly owned Singapore subsidiary, Precious Horizon, has agreed to buy the 2006-built MR tanker Florence for $11.1m. The 48,000 dwt vessel was …
https://splash247.com/precious-shipping-diversifies-with-mr-tanker-acquisition/
https://splash247.com/precious-shipping-diversifies-with-mr-tanker-acquisition/Maersk’s port operating arm, APM Terminals, and Germany’s Eurogate are in advanced talks over a long-term partnership that would see €1bn ($1.2bn) invested in upgrading the North Sea Terminal Bremerhaven (NTB). APM Terminals already works alongside Eurogate at the facility. The new investment plan aims to turn NTB into one of the most efficient and …
https://splash247.com/maersk-and-eurogate-line-up-1-2bn-overhaul-for-bremerhaven/
https://splash247.com/maersk-and-eurogate-line-up-1-2bn-overhaul-for-bremerhaven/Dubai-headquartered terminal operator DP World moved to replace one of the ports sector’s most recognisable figures on Friday after newly released US Department of Justice files tied CEO and chairman Sultan Ahmed bin Sulayem to the child sex offender Jeffrey Epstein. The Dubai‑based logistics group announced Essa Kazim as chairman and Yuvraj Narayan as group …
https://splash247.com/sulayem-ousted-at-dp-world-over-epstein-links/
https://splash247.com/sulayem-ousted-at-dp-world-over-epstein-links/