VESSEL REVIEW | Zhongnan Yuan 520 – Testing and exploration jackup to support Chinese offshore renewables projects
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Dalian iron ore falls on weakening steel market; focus on Third Plenum
Dalian iron ore futures prices extended losses on Thursday, dragged down by the weakening steel market in top consumer China,…
ITOCHU, Nihon Shipyard, ClassNK and MPA, signed MOU for joint study of ammonia fueled bulk carriers
ITOCHU Corporation, ClassNK, Nihon Shipyard Co., Ltd., and Maritime and Port Authority of Singapore (MPA) have signed a Memorandum of…
Baltic index snaps 3-day losing streak on capesize demand
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, snapped a three-session losing…
Dry Bulk Market: Ukrainian Grain Shipments to all Destinations
This week’s chart illustrates the increase in the monthly volume of Ukrainian grain shipments during the first half of this…
Dry bulk newbuild contracting fell 34.2%, despite a strong market
“During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions.…
Washington targets ‘illicit shipping network’ in bid to disrupt Houthi support
Ships, facilitators, insurer, managers and an owner blacklisted