Offshore performance is not a data problem, it is a decision problem

After more than a decade working across offshore support fleets, with experience spanning more than 1,000 offshore support vessels, one conclusion has become hard to ignore. Performance is not primarily won through one-off initiatives. It is won through the decisions made every day: how vessels are planned, how tasks are sequenced, how exceptions are handled, …

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Baltic Dry Index Highest since 2023

The Baltic Exchange dry index increased 2.1% to 3063 on Tuesday, the highest since December 2023. The capesize index, which typically transport 150,000-ton cargoes, including iron ore and coal, rose 2.1% to 5,082. The panamax index, which usually carry 60,000 to 70,000 tons of coal or grain, advanced 3.4% to 2,360. Also, the supramax index …

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Fresh food for seafarers is a strategic imperative for ship owners

The World Maritime University’s Food4Seafarers project has called for systemic reform in how food is provisioned and managed at sea. Across the maritime industry, there is a growing recognition that seafarer wellbeing is a core operational concern. A healthy, balanced diet is increasingly understood as fundamental to crew welfare, safety, and the resilience of the …

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Petronas seals 20-year deal with MISC for newbuild LNG vessel quintet

Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services MISC Group, a member of the Petronas Group of Companies, has struck a multi-year charter with Petronas LNG Ltd. (PLL), a subsidiary of Petronas, for five newbuild liquefied natural gas (LNG) carriers (LNGCs). The post Petronas seals 20-year deal with MISC for …

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