Blog – Page 478 – Seaview Corporate

Baltic Index Hits Over Three-Week Low As Vessel Rates Weaken Across Segments

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell to a more than three-week low on Monday, pressured by weaker vessel rates across all segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, fell 21 points, or 1.1%, to 1,945 points, its …

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Swinging LPG market: An in-depth analysis from the price perspective

Saudi Aramco’s recent price cut, bringing it to the lowest since August 2023, has intensified competition with the US and boosted its share in the Asian market, leading to dynamic changes in LPG shipping. Drewry analyses the possible impact on the trade and shipping rates from this move. Saudi Aramco announced a significant reduction in …

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Cargill sees higher freight and bunker use in US-China port fee tussle

Cargill is seeing higher freight rates and bunker consumption after China and the US imposed reciprocal port fees on ships linked to each other, according to its top maritime executive, as the major US trader evaluates how the fees could affect its shipping costs. The world’s two largest economies have begun charging ship operators the …

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Atlantic Volatility and Maritime Risk: What the 2025 Hurricane Season Reveals

The 2025 Atlantic hurricane season has so far offered a reminder to those in the industry of just how unreliable long-range forecasts can be on their own. Early outlooks pointed to another above-average year, yet the first half was surprisingly quiet and subdued. This was then followed, rather abruptly, by a burst of activity. Long …

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Low-sulfur bunker fuel sales have decreased since 2020

When the International Maritime Organization’s lower marine sulfur limit known as IMO 2020 took effect in January 2020, commercial shippers pivoted sharply to fueling their vessels with low-sulfur fuel oil (LSFO). In the years since, high-sulfur fuel oil has reclaimed some market share, as a growing number of commercial vessels install sulfur scrubbers that allow …

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Hill Dickinson strengthens Piraeus ship finance team with new partner hire

Leading commercial law firm Hill Dickinson has announced the appointment of Dimitris Karamacheras, who has joined the firm as a shipping partner in its Piraeus office. With over 16 years of experience in shipping law, Dimitris will further strengthen Hill Dickinson’s ship finance and transactional practice in Piraeus, expanding the firm’s reach across Europe and …

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Skyway inicia la prestación de servicios en la torre de control del Aeropuerto de Castellón

La compañía ya ofrece servicios en nueve aeropuertos en la red nacional y continúa su expansión con nuevos proyectos. Skyway, primer proveedor de servicios de tránsito aéreo en el mercado liberalizado español, ha comenzado a prestar servicio de control de aeródromo en el Aeropuerto de Castellón, operado por Aerocas. Con esta incorporación, la compañía refuerza …

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Petrobras prolongs assignments for DOF and TechnipFMC’s three PLSVs

Three pipelay support vessels (PLSVs) owned by a joint venture of DOF and TechnipFMC have […] The post Petrobras prolongs assignments for DOF and TechnipFMC’s three PLSVs appeared first on Offshore Energy.

Chevron taps ABL for rig moves and platform installations in Asian waters

ABL, part of Oslo-listed energy, marine, and engineering consultancy ABL Group, has won a new assignment in the Gulf of Thailand, which will enable it to provide marine warranty survey (MWS) and third-party support services in connection with wellhead platform installations and jack-up rig moves. The post Chevron taps ABL for rig moves and platform …

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Maran Gas, Daphne Technology conclude methane abatement pilot on LNG carrier

Swiss-based climate tech company Daphne Technology and Greek shipping player Maran Gas, part of the Angelicoussis Group, have completed their joint methane abatement pilot on board commercial LNG carrier. The post Maran Gas, Daphne Technology conclude methane abatement pilot on LNG carrier appeared first on Offshore Energy.