Pangaea snaps up secondhand ultramax for $26.6m.
Nasdaq-listed US bulker owner Pangaea Logistics Solutions has picked up a secondhand ultramax for $26.6m. The 2014-built, 61,000 dwt ship is expected to be delivered in June and renamed Bulk Prudence.
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From splash247.com
Nasdaq-listed US bulker owner Pangaea Logistics Solutions has picked up a secondhand ultramax for $26.6m. The 2014-built, 61,000 dwt ship is expected to be delivered in June and renamed Bulk Prudence.
New IMO and EU regulations entered into force on 1 January with a focus on crew and environmental safety as well as sustainability, pushing up operational costs.
Three Group Solutions has completed the deployment of a private 5G network across Hutchison Ports’ UK operations at the Port of Felixstowe, Harwich International Port and London Thamesport, creating one of the most advanced industrial connectivity platforms in the country.
Dalian Shipbuilding Industry Co., Ltd. (DSIC) has unveiled a new generation of decarbonization-focused vessel designs, including a wind-assisted 175,000 m³ LNG carrier that has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore (BV).
From shipandbunker.com
Former CFO Morten Skou and Lars Møller, director of OW Bunker subsidiary Dynamic Oil Trading, were sentenced to pay the compensation to the firm's bankruptcy estate by a Danish court on Friday.
2025 was a year like no other for shipping buffeted by US tariffs, trade wars, and geopolitical conflicts but through it all markets across most major sectors performed remarkably well.
The attacks targeted ships operating close to Ukraine’s maritime export routes, increasing concerns over the safety of international shipping.
A sharp drop in ship robbery incidents in the Singapore Strait was seen in the second half of the year following arrests by the Indonesian Marine Police, however several groups till remain active.
From splash247.com
Iran has said that commercial shipping and maritime infrastructure could become legitimate targets if the United States launches a military attack against Tehran.
Through a negotiated agreement between the White House and the newly-reformed government of Venezuela, the country's oil resources are now available to American companies for development and exploitation.
The operation was led by Joint Task Force Southern Spear, with personnel deploying from the aircraft carrier USS Gerald R. Ford.
Baltic index logs weekly loss on capesize, supramax weakness in Dry Bulk Market.
From splash247.com
The annual dirty spot charterer rankings compiled by broker Poten & Partners have a familiar name at the top but notable changes lower down.
The Port Authority of NSW assisted FRNSW by sending four vessels to the marina, including its main firefighting vessel, Girawaa.
From www.bbc.co.uk
Existing law could be used to approve the use of military force to stop sanction-busting ships operated by Russia and Iran.
From gcaptain.com
A group of European countries, led by the UK and Germany, is discussing plans for a military presence in Greenland to show US President Donald Trump that the continent is serious about Arctic security and to try to tamp down American threats to take over the self-ruling Danish territory.
A trade union in the United Kingdom is reawakening the ghosts of the 2022 unilateral sacking of about 800 seafarers by P&O Ferries after condemning a government agency for delays in concluding civil investigations against the company’s bosses.
For the upcoming Round 3.3 offshore wind auction, Taiwan has proposed a raft of measures geared towards improving project viability.
From splash247.com
Hapag-Lloyd’s terminal and infrastructure division, Hanseatic Global Terminals (HGT), has agreed terms with Chilean shipping and logistics group Grupo Empresas Navieras (GEN) that will see HGT take full ownership of Florida International Terminal (FIT).
From gcaptain.com
Nordic diplomats rejected U.S. President Donald Trump‘s claims of Russian and Chinese vessels operating near Greenland, the Financial Times reported on Sunday.
From gcaptain.com
Commodities trader Vitol is expected to load the first cargo of naphtha from the U.S. to Venezuela this weekend under a new supply agreement announced just days ago by President Donald Trump, two sources familiar with the matter told Reuters on Saturday.
With Exercise Mosi-3 - now renamed Exercise Will for Peace 2026 - scheduled to start with a dockside parade on January 10, naval participants have begun arriving in False Bay near Cape Town in South Africa, home of the Simon’s Town Naval Base.
Ireland is recording an increase in the number of marine incidents in its vast coastline, and this reality is testing the resilience and capability of the Irish Coast Guard (IRCG), particularly for its core search and rescue mission.
From www.world-grain.com
Conversely, Cereal Price Index rises by nearly 2%
From www.world-grain.com
Pyramid returns, leaves out refined grains, added sugars
From www.world-grain.com
Has direct connection to harbor, Class I rail