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Today, Wednesday, April 15 2026, the Baltic Dry Index climbed 130 points, reaching 2484 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-2484-up-130-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2484-up-130-points/Brazilian state-owned giant Petrobras has approved the final investment decision for the SEAP I project in the Sergipe-Alagoas Basin, consolidating the development of the Sergipe Deepwater project (SEAP), a new oil and gas production frontier in the country. Petrobras revised several contractual terms and conditions enabling the structuring of joint negotiations for the P-81 and …
https://splash247.com/sbm-offshore-put-in-charge-of-fpso-construction-on-petrobras-12bn-project/
https://splash247.com/sbm-offshore-put-in-charge-of-fpso-construction-on-petrobras-12bn-project/The consortium of ExxonMobil, Energean, and HELLENiQ Energy will today sign a contract for exploratory drilling in Block 2 in the north-western Ionian Sea with Greece’s Ministry of Environment and Energy. An initial agreement for the drilling was signed in Athens in November, coinciding with ExxonMobil’s entry into the consortium with a 60% stake. Energean …
https://splash247.com/stena-drillship-lined-up-for-historic-greece-drilling-campaign/
https://splash247.com/stena-drillship-lined-up-for-historic-greece-drilling-campaign/With vessel tracking dominating headlines amid the ongoing Hormuz crisis, a quietly published experiment from the UK coastline raises a question with significant implications for global maritime security: can AIS coverage evolve from a centrally managed system into a distributed, participatory network? Writing on Medium, contributor Dan Jugy has documented a practical test of exactly …
https://splash247.com/mastchain-ship-tracking-enters-the-sharing-economy/
https://splash247.com/mastchain-ship-tracking-enters-the-sharing-economy/The All-Aboard Alliance, a coalition of companies and organisations committed to improving life at sea, has launched a project to develop a global framework to help companies better identify, prevent, and respond to unwanted sexual behaviour aboard vessels. According to the alliance, there is strong evidence that sexual misconduct at sea is both widespread and …
https://splash247.com/industry-alliance-launches-platform-to-tackle-sexual-misconduct-at-sea/
https://splash247.com/industry-alliance-launches-platform-to-tackle-sexual-misconduct-at-sea/Construction has begun on three ultra-large gantry cranes at Hengli Heavy Industry’ super drydock on Changxing Island in Dalian, with the project set to shatter multiple world records and further cement the yard’s extraordinary rise to the top of global shipbuilding. Jiangsu Tianmu Construction Group has confirmed that two of the three cranes will be …
https://splash247.com/worlds-biggest-cranes-take-shape-at-hengli-heavy/
https://splash247.com/worlds-biggest-cranes-take-shape-at-hengli-heavy/New York-listed Navigator Holdings has moved to streamline its fleet, signing a non-binding letter of intent to sell eight gas carriers and its stake in the Unigas pool in a deal worth about $183m. The buyer group includes Bernhard Schulte (Singapore) and Germany’s Sloman Neptun, both existing partners in the Unigas International joint venture. The …
https://splash247.com/navigator-lines-up-183m-exit-from-unigas-pool-with-eight-ship-sale/
https://splash247.com/navigator-lines-up-183m-exit-from-unigas-pool-with-eight-ship-sale/Oslo-listed Hunter Group is set for a leadership change, with chief executive Erik Frydendal to step down as the company prepares for its next phase. The company’s board said the decision follows a strong run over the past six months, driven by firm tanker markets and historically high spot rates. Hunter has benefited from its …
https://splash247.com/hunter-group-flags-leadership-change/
https://splash247.com/hunter-group-flags-leadership-change/In the first of a two-part series, lead columnist Andrew Craig-Bennett delves into his history books in defence of the UN Convention on the Law of the Sea. If you are reading this, you are either involved in the business of merchant shipping or you are interested in it. Which means that, by definition, you …
https://splash247.com/four-centuries-of-maritime-freedom-at-stake/
https://splash247.com/four-centuries-of-maritime-freedom-at-stake/Frankfurt-listed shipowner Ernst Russ is branching into tankers, agreeing to acquire four 18,500 dwt intermediate-class chemical/product newbuildings backed by long-term charters. The Hamburg-based owner said all four vessels will be fixed on contracts of at least five years from delivery, adding about $126m to its charter backlog. The ships are under construction at Wuhu Shipyard …
https://splash247.com/ernst-russ-moves-into-tankers-with-four-ship-newbuild-deal/
https://splash247.com/ernst-russ-moves-into-tankers-with-four-ship-newbuild-deal/