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The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell to a three-week low on Tuesday on lower rates for capesize and panamax vessels.
The Iranian government allocates billions of dollars’ worth of oil every year to its armed forces outside the official defense budget.
These companies can now provide protection and indemnity (P&I) cover to ships, and their approval is valid until February 20, 2026.
Pathy, President and CEO of Fednav, Canada’s largest dry bulk shipping company takes over the helm at Bimco from Nikolaus H. Schües who is finishing his two-year term.
The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell for a second straight session on lower capesize and panamax vessel rates.
The main labor union for South African ports operator Transnet is preparing to go out on strike by the end of the week if last-ditch wage negotiations fail.
Authorities in Denmark have signed off on the world's first test program for "remote pilotage" - a high-tech method of remotely guiding ships without putting a pilot aboard.
South Korean shipbuilder is dissolving a joint venture with China Merchant Heavy Industries and refocusing its offshore business to Singapore.
The South Korean line has followed the trend of other container carriers in reporting good Q1 results against an uncertain backdrop for the remainder of the year.
From splash247.com
European Union countries have agreed to impose a new raft of sanctions against Russia, including those targeting nearly 200 ships in the so-called shadow fleet used to circumvent restrictions on oil and gas exports.
From splash247.com
Germany has approved its first facility dedicated to the dismantling and recycling of large ships.
From splash247.com
Japan’s Doun Kisen has further boosted its bulk carrier orderbook in China with three newcastlemax newbuilds.
From splash247.com
Some heavy-hitters were on stage for the final session of this year’s Geneva Dry summit, the iron ore panel moderated by Tim Huxley, the CEO of Mandarin Shipping, who kicked proceedings off by asking panellists if there had ever been a more difficult time to form a market view.
From splash247.com
Martin Hedman, director of mental wellness practices at VIKAND, writes for Splash today.
From splash247.com
All five developers that were awarded capacity in Taiwan’s latest offshore wind tender have submitted their contracts to the country’s Ministry of Economic Affairs.
From splash247.com
Staatsolie arranged the loan with a group of 18 international, regional and local banks and financial institutions.
From splash247.com
Offshore support and accommodation vessels company Keyfield International has entered into a memorandum of understanding with Indonesia’s PT Elnusa Trans Samudera (ETSA).
The dominance of Greek shipowners gives the country added strength in global trade discussions, but it must be used to benefit all.
Tanker and dry bulk operator Norden has signed agreements to expand its Multi-purpose (MPP) vessel fleet through two newbuilding leases with purchase options.
Estonia’s efforts to inspect a shadow fleet tanker bound for Russia on Tuesday, May 13, caused an international incident involving the forces of Estonia, a Russian response, and NATO monitoring as it took place.
The diver that lost his life while working on the salvage of the lost superyacht Bayesian may have been killed by an explosion from a hydrogen torch, according to reports in Italian media.
From www.world-grain.com
Saginaw flour mill grows by another 10,000 cwts to meet soaring demand
From www.world-grain.com
Mosaic virus widespread in drought-affected crop
From www.world-grain.com
Hungria’s work helped country become agricultural powerhouse
From www.linkedin.com
⚠️ Is this a new security threat in the Red Sea or just a bad navigational incident?
From www.linkedin.com
I’m incredibly humbled to have been awarded a Fellowship at The The Nautical Institute
