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Russia's only aircraft carrier, the 40-year-old Admiral Kuznetsov, is likely to be sold or scrapped, the chairman of Russia's state shipbuilding corporation told the Kommersant newspaper in comments published on Friday.Andrei Kostin's remarks…
https://www.marinelink.com/news/russias-aircraft-carrier-scrapped-sold-528339
https://www.marinelink.com/news/russias-aircraft-carrier-scrapped-sold-528339Photon Marine, a developer of high-performance electric outboard propulsion systems, and Silverback Marine, a builder of commercial aluminum vessels, announced that eight electric workboat configurations have been approved for funding through…
https://www.marinelink.com/news/photon-marine-silverback-marine-launch-528345
https://www.marinelink.com/news/photon-marine-silverback-marine-launch-528345Iron ore futures locked in a fifth consecutive weekly gain, overcoming an early decline on Friday even as rising port inventories and weaker global steel production weighed on prices. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.11% lower at 802.5 yuan ($112.01) a metric ton. The contract ...
https://www.hellenicshippingnews.com/iron-ore-marks-fifth-weekly-gain-despite-tepid-steel-output-rising-inventories/The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, was little changed on Friday but registered a third straight weekly gain on the back of strong gains in the capesize vessel segment. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, fell 1 point, ...
https://www.hellenicshippingnews.com/baltic-index-gains-for-third-straight-week-on-higher-capesize-demand/Iron ore futures locked in a fifth consecutive weekly gain, overcoming an early decline on Friday even as rising port inventories and weaker global steel production weighed on prices. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.11% lower at 802.5 yuan ($112.01) a metric ton. The contract ...
https://www.hellenicshippingnews.com/iron-ore-marks-fifth-weekly-gain-despite-tepid-steel-output-rising-inventories/The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, was little changed on Friday but registered a third straight weekly gain on the back of strong gains in the capesize vessel segment. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, fell 1 point, ...
https://www.hellenicshippingnews.com/baltic-index-gains-for-third-straight-week-on-higher-capesize-demand/Today, Friday, July 25 2025, the Baltic Dry Index decreased by 01 points, reaching 2257 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2257-down-01-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2257-down-01-points/Malaysian offshore services player Sapura Energy has secured a pair of offshore contracts in Thailand worth more than $118m, marking a fresh boost for the company’s regional backlog. The awards were handed to Sapura’s wholly owned Thai unit, Sapura Energy (Thailand), and cover an offshore installation and removal campaign from Chevron as well as subsea …
https://splash247.com/sapura-energy-lands-offshore-deals-in-thailand-worth-over-118m/
https://splash247.com/sapura-energy-lands-offshore-deals-in-thailand-worth-over-118m/New York-listed offshore driller Valaris has been awarded contract extensions for three of its jackups. The company won a four-year contract extension for the 2015-built Valaris 110 jackup offshore Qatar. The contract extension is expected to begin in October 2025 in direct continuation of the existing contract. The contracted revenue backlog for the four-year extension …
https://splash247.com/valaris-jackup-trio-wins-138m-in-contract-extensions/
https://splash247.com/valaris-jackup-trio-wins-138m-in-contract-extensions/Russian shipping news was a near-constant on Daily Splash – our free newsletter – throughout the week. A new port security decree that requires Federal Security Service (FSB) clearance for all foreign vessels created some tanker turmoil with a temporary halt on foreign oil tanker loadings at key Black Sea export hubs reported mid-week. The …
https://splash247.com/splash-wrap-mines-mishaps-and-moscow/
https://splash247.com/splash-wrap-mines-mishaps-and-moscow/