Solstad secures contract for CSV Normand Frontier
Solstad Offshore announced a three-year contract award with an international contractor for the CSV Normand Frontier. The firm contract has an immediate startup and will keep the Normand Frontier...
View ArticleChinese exports rise to record ahead of looming Trump tariffs
Chinese exports hit a record high as companies rushed to get goods out the door to make up for sluggish demand at home and ahead of the return of President-elect Donald Trump to the White House....
View ArticleBaltic Index sails to over one-month high on strong capesize demand
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit more than a one-month high on Monday on the back of higher capesize rates. The index,...
View ArticleIron ore hits more than one-week high on revived hopes of China stimulus
Iron ore futures rallied to their highest in more than a week on Monday, as revived hopes of more stimulus from top consumer China boosted sentiment. The most-traded May iron ore contract on China’s...
View ArticleCruise industry looks ahead to European Cruise Week 2025 in Rotterdam, in...
· CLIA returns with the second annual Cruise Week Europe from 12-14 March 2025 · Cruise Week features the annual European Summit and an Innovation Showcase · Registrations to attend Cruise Week Europe...
View ArticleVattenfall signs contract for wind farm service vessels
Vattenfall has signed a contract with French ship owner Louis Dreyfus Armateurs for up to three large Service Operation Vessels to be used at existing and planned offshore wind farms in the North Sea....
View ArticleVan Oord awarded T&I contract for Fengmiao 1 OWF in Taiwan
Van Oord has received another offshore wind contract in Taiwan. This time, the company will be performing inter array cable installation work for the Fengmiao 1 offshore wind farm in Taiwan. The work...
View ArticleU.S. Probe finds China unfairly dominates shipbuilding, paving way for penalties
U.S. President Joe Biden’s administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three sources familiar with...
View ArticleThe global fleet is turning green
The global fleet of ships powered by cleaner fuels has seen significant growth over the last years, as vessel operations contribute to greener intermodal corridors, supporting IMO’s carbon reduction...
View ArticleThPA: A new chapter with the entry of Margarita Louis-Dreyfus
LeonidsPort B.V. of the French Louis-Dreyfus family, whose homonymous business group (LDC) is one of the world’s largest agri-food trading and processing groups, intends to invest at least 57 million...
View ArticleHD KSOE’s new hydrogen tech gets nod from four authorities
HD Korea Shipbuilding & Offshore Engineering became the first Korean company to receive approval in principle from four major classification societies for its liquefied hydrogen tank vacuum...
View ArticleBaltic index snaps three-session winning streak as rates across segments dip
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a three-session gaining streak on Tuesday, as rates declined across all vessel...
View ArticleIron ore extends gains on lower shipments, robust China steel exports
Iron ore futures rose for a fourth straight session on Tuesday to hover near their highest levels in more than a week, helped by lower shipments from key producers and top consumer China’s robust...
View ArticleIntermodal Weekly Market Report [W02]
The year 2025 commenced with uncertainty surrounding both the dry bulk and tanker sectors. Global geopolitical tensions continue to drive market volatility, shaping current sentiment....
View ArticleWallenius Wilhelmsen wins terminal contract in Gothenburg
Wallenius Wilhelmsen is taking a strategic step to expand its logistics services by taking over the terminal operations in Gothenburg, Sweden. “It amplifies our operational capabilities in the region...
View ArticleClarksons: Dry Cargo expands with new team in Hamburg
Clarksons announced that its Dry Cargo team has expanded its reach with a new desk in the Hamburg office. The Panamax desk in Hamburg will be headed up by Christian Meyer, a highly experienced Panamax...
View ArticleBibby Marine announces new shipbuilding contract for eCSOV
Bibby Marine announced the signing of a new shipbuilding contract with shipyard Armon, to build its innovative electric Commissioning Service Operation Vessel (eCSOV). Located in Vigo, Spain, Armon...
View ArticleInterManager urges shipping industry to share knowledge as it collates cases...
InterManager, the international trade association for the ship management sector, is calling on shipping industry colleagues to contribute to a new campaign to highlight the issue of criminalisation...
View ArticleOil shipping rates surge after US sanctions hit availability
Supertanker freight rates jumped after the U.S. expanded sanctions on Russia’s oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers...
View ArticleGreek coastal shipping has spent over 1 billion on fleet upgrade
The competitiveness and green transition of coastal shipping dominated the first section of the Greek Shipowners Association for Passenger Ships conference “Modern Coastal Shipping, Sustainable...
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