Evergreen ordena 14 buques de 14.000 TEUs propulsados por combustible dual GNL
Cada unidad tendrá un costo estimado entre US$175 millones y US$205 millones
Corea del Sur impulsa astilleros con inteligencia artificial en alianza con HD Hyundai
Se complementarán las acciones con inversiones en talento especializado
Baltic index hits near two-year high on higher larger vessel rates
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to a nearly two-year high on Friday and was on course for a weekly gain, aided by an increase in larger vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, …
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Dry Bulk Weekly Market Monitor: Iron Ore Supply Powerplay in Focus
This week’s analysis examines iron ore freight market trends with a special focus on the emerging iron ore supply powerplay: Simandou’s Rise, Vale’s Moves, and BHP’s Growing Risk The Simandou project is advancing through key development milestones and is set to introduce a significant new stream of high-grade iron ore into the global market. Vale …
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World’s first vessel retrofit fund using a pay-as-you-save repayment mechanism closes at USD 35M
The Global Centre for Maritime Decarbonisation (GCMD), AIM Horizon Investments and their partners today announced the successful closing of the Fund for Energy Efficiency Technologies (FEET), securing total commitments of up to USD 35M, exceeding its initial target. As the world’s first fund for vessel retrofits leveraging a pay-as-you-save repayment mechanism, FEET directly addresses the …
Decarbonisation deadlocks
The path to maritime decarbonisation, while technologically feasible, remains beset with regulatory fragmentation, acute contractual uncertainty, and a critical shortage of human capital investment, according to a panel at the Baltic Exchange Dry FFA Forum in October. The conclusion among the speakers was clear: while ships are increasingly prepared for a cleaner future, the fuel, …
Sailors’ Society receives prestigious international award for its work with India’s cadets, ratings and trainees
Recognition of Outstanding Work by an NGO for Indian Cadets and Seafarers has been awarded to Sailors’ Society by the Samudra Manthan Foundation. The award goes to an NGO that has shown unwavering dedication and meaningful contribution towards enhancing the welfare and wellbeing of Indian cadets and seafarers. The global maritime welfare charity received its award …
US expands sanctions on tankers, companies involved in Iran oil trade
The US issued a new round of sanctions Nov. 20, targeting companies, shipping facilitators and tankers it claims are involved in Iranian oil and petroleum products trade. “Today’s action continues Treasury’s campaign to cut off funding for the Iranian regime’s development of nuclear weapons and support of terrorist proxies,” Scott Bessent, US Treasury Secretary, said …
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HSFO discounts narrow in active trading
Spot discounts for high sulphur fuel oil (HSFO) narrowed at the end of the week, with trading momentum retaining a somewhat robust pace for the 380-cst grade. Several trades emerged at rangebound levels for dates in early to mid-December, though a higher-priced trade emerged for dates into later December, lifting the cash differential higher. Meanwhile, …
Royal Van Beest Group acquires Enduro Softslings
The Royal Van Beest Group is pleased to announce that it has acquired Enduro Softslings. Established ten years ago in The Netherlands, Enduro Softslings has secured a leading position in the lifting industry through its innovative manufacturing capabilities, high-performance custom-made soft slings, and outstanding customer support. As part of the Royal Van Beest Group — …
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