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Baltic Dry Index Snaps 2-Day Advance
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, snapped a two-day winning streak on Wednesday, falling 0.3% to 2,670 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, decreased 0.5% to 4,283 points; and the supramax went down 0.5% to 1,534 points.
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Dry Bulk Shipping: Closure of Strait of Hormuz curbs demand growth
“The Iran war and the resulting disruptions to ship transits through the Strait of Hormuz have increased uncertainty for both the global economy and the dry bulk market. Around 4% of dry bulk cargoes and tonne mile demand typically sail through the strait and at present, and around 210 ships, equivalent to roughly 1% of
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US LNG arbitrage to Asia open via Panama Canal; laden flows limited
US arbitrage to Asia through the Panama Canal opens amid stronger Asian demand following the Middle East conflict, although a recent rise in LNG transits through the canal is driven by unladen carriers returning east rather than westbound laden shipments Platts assessed the US-North Asia via Panama Canal versus US-Atlantic arbitrage at plus 53.3 cents/MMBtu
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Firmer Sentiment / Ballasters Dropping below 12m avg: Ballasters Vs Baltic Rates
April ends with firm sentiment in both Capesize and Panamax segments. On the C3 route, freight levels are supported by ballaster counts trending below the 12-month average. In Panamax, low ballaster availability across the P1/P2/P7 routes signals an undersupplied market, underpinning current rate strength. The Baltic Dry Index is approaching 2,700 points, with gains recorded
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When GPS Fails: Why Maritime Needs Resilient Navigation
Every day brings new reports of GPS interference affecting shipping, particularly in regions like the Persian Gulf. Less visible are the collisions, groundings, and near misses that follow when positioning becomes unreliable. For an industry now built around continuous, high-accuracy satellite navigation, these are not isolated incidents. They’re early signals of a much broader vulnerability.
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SOERMAR sitúa a los puertos comoinfraestructuras clave de la transición energética
Eva Novoa ha defendido también su importancia estratégica para la reindustrialización y la seguridad en Europa durante su participación en el Máster de Gestión y Planificación Portuaria e Intermodalidad de Puertos del Estado La Eva Novoa, directora general de SOERMAR, ha defendido que los puertos europeos están llamados a convertirse en infraestructuras estratégicas para la
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Responsable de Sistemas de Información y Comunicaciones (Gestión del Dato) para la Autoridad Portuaria de Baleares
Responsable de Sistemas de Información y Comunicaciones (Gestión del Dato) para la Autoridad Portuaria de Baleares BASES PARA LA CONTRATACIÓN MEDIANTE PRUEBAS SELECTIVAS DE UNA PLAZA FIJA DE RESPONSABLE DE SISTEMAS DE INFORMACIÓN Y COMUNICACIONES (GESTIÓN DEL DATO), SUJETO AL III CONVENIO COLECTIVO DE PUERTOS DEL ESTADO Y AUTORIDADES PORTUARIAS GC 2025-03 Bases Rble Sist
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FPSO FEED award to BW Offshore turning the key on Canada’s $12-billion oil project
With a front-end engineering and design (FEED) deal to Oslo-headquartered BW Offshore for a floating production, storage, and offloading (FPSO) unit, Norway’s state-owned energy giant Equinor is continuing to lay the groundwork for the development of its oil project off the coast of Newfoundland and Labrador, Canada. The post FPSO FEED award to BW Offshore
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PortCastelló se desmarca del sistema portuario español con un crecimiento en tráficos del 4,2% en el primer trimestre
La Autoridad Portuaria de Castellón cierra el primer trimestre de 2026 con un balance netamente positivo, y crece en tráfico de mercancías frente al descenso generalizado del conjunto de puertos españoles. Mientras que el sistema portuario nacional ha registrado un descenso medio del 1,3% en ese periodo, PortCastelló ha logrado revertir la tendencia con un
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Noble scores over half a billion dollars in drilling gigs for rig sextet
U.S.-headquartered offshore drilling contractor Noble Corporation has obtained new drilling assignments and extensions across multiple geographies for six floaters in its rig fleet, including jobs in Brazil, Australia, Guyana, the U.S. Gulf, Ghana, and Malaysia. The post Noble scores over half a billion dollars in drilling gigs for rig sextet appeared first on Offshore Energy.