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“We estimate the dry bulk supply/demand balance to weaken in both 2025 and 2026, compared to 2024. Demand growth is expected to slow, impacted by a weaker economic outlook for China and the world and a shift in US trade policy,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. The rise in tariffs and the ...
https://www.hellenicshippingnews.com/bimcos-dry-bulk-shipping-market-overview-outlook-slowing-chinese-economy-threatens-demand/The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, inched up on Thursday and recorded its strongest monthly performance since February. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, rose 8 points, or 0.4%, to 2,003 points. It was up over 34% for ...
https://www.hellenicshippingnews.com/baltic-index-registers-best-month-since-february/
https://www.hellenicshippingnews.com/baltic-index-registers-best-month-since-february/Ireland‑based tanker owner and operator Ardmore Shipping is growing its product tanker fleet with the acquisition of three modern MR vessels. The New York-listed firm revealed in its quarterly earnings report that it had agreed to acquire an unnamed trio of Korean-built units for nearly $104m. The acquisition involves two transactions: one 2020‑built scrubber‑fitted vessel …
https://splash247.com/ardmore-snaps-up-trio-of-modern-mr-tankers/
https://splash247.com/ardmore-snaps-up-trio-of-modern-mr-tankers/Fincanteri has delivered the multi-purpose frigate Emilio Bianchi to the Italian Navy, the tenth FREMM-class vessel to be completed under the European Multi-Mission Frigate program.The frigate was commissioned from Orizzonte Sistemi Navali under…
https://www.marinelink.com/news/fincantieri-delivers-multipurpose-frigate-528525
https://www.marinelink.com/news/fincantieri-delivers-multipurpose-frigate-528525As the global shipping industry accelerates toward decarbonization, Bernhard Schulte Shipmanagement (BSM) has unveiled its first methanol bunkering simulator at its Maritime Training Center in Kochi, India. Developed in partnership with Wärtsilä…
https://www.marinelink.com/news/bsm-launches-methanol-bunkering-simulator-528526
https://www.marinelink.com/news/bsm-launches-methanol-bunkering-simulator-528526“We estimate the dry bulk supply/demand balance to weaken in both 2025 and 2026, compared to 2024. Demand growth is expected to slow, impacted by a weaker economic outlook for China and the world and a shift in US trade policy,” says Filipe Gouveia…
https://www.marinelink.com/news/chinas-economy-slows-dry-bulk-shipping-528529
https://www.marinelink.com/news/chinas-economy-slows-dry-bulk-shipping-528529French subsea power cable maker and services provider Nexans has formed partnership with Crowley Wind Services to develop and operate a Jones Act compliant cable lay barge. The cable lay barge will be dedicated to supporting the installation…
https://www.marinelink.com/news/nexans-crowley-wind-services-build-cable-528540
https://www.marinelink.com/news/nexans-crowley-wind-services-build-cable-528540d’Amico International Shipping S.A., an international operator in the product tanker sector, announced its financial results for Q2 and H1 2025. Despite market normalization following last year’s record highs, DIS achieved solid profitability…
https://www.marinelink.com/news/damico-international-shipping-shares-528544
https://www.marinelink.com/news/damico-international-shipping-shares-528544Today, Thursday, July 31 2025, the Baltic Dry Index climbed by 08 points, reaching 2003 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-2003-up-08-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2003-up-08-points/Italian energy services major Saipem has confirmed that Aker BP has exercised its latest contract extension for the semisub drilling rig Scarabeo 8, securing continued work through to the end of 2027. The extension follows the previous one-year renewal and will see the sixth-generation rig continue operations on the Norwegian Continental Shelf, including the Barents …
https://splash247.com/saipem-scores-rig-extension-deal-in-norway/
https://splash247.com/saipem-scores-rig-extension-deal-in-norway/