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Croatian pipeline operator JANAF must allow transit of Russian seaborne oil to Hungary and Slovakia, refiner MOL Group said on Friday, noting both countries have exemptions to EU sanctions on such imports.Hungary and Slovakia are scrambling…
https://www.marinelink.com/news/croatia-allow-russian-oil-hungary-535963
https://www.marinelink.com/news/croatia-allow-russian-oil-hungary-535963“Average spot rates are down this week across all main fronthaul trades out of the Far East. From Far East to US West Coast and US East Coast, it is a textbook market development with falling spot rates coinciding with a slight uptick in offered capacity…
https://www.marinelink.com/news/xeneta-weekly-ocean-container-shipping-535970
https://www.marinelink.com/news/xeneta-weekly-ocean-container-shipping-535970Costamare Bulkers Holdings Limited reported unaudited financial results for the fourth quarter (“Q4 2025”) and year ended December 31, 2025. This earnings release focuses on the financial results and management’s discussion and analysis for the three-month period ended December 31, 2025, reflecting the Company’s performance during its second full quarter as an independent, publicly traded ...
https://www.hellenicshippingnews.com/costamare-bulkers-holdings-limited-primed-for-a-strong-performance-moving-forward/The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, snapped its three-day losing streak on Friday, rising 1.2% to 2,043 points, mainly supported by the larger vessel segments. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, rebounded by 1.7% to 3,051 points; and the ...
https://www.hellenicshippingnews.com/baltic-dry-index-bounces/
https://www.hellenicshippingnews.com/baltic-dry-index-bounces/Norwegian ship designer and builder VARD has secured on order from France’s Orange Marine for two additional cable laying and repair vessels of the VARD 9 03 design, to be built at Colombo Dockyard in Sri Lanka.The vessels will be based on the same design as CS Sophie Germain…
https://www.marinelink.com/news/orange-marine-orders-two-cable-laying-535954
https://www.marinelink.com/news/orange-marine-orders-two-cable-laying-535954Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel.AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will continue…
https://www.marinelink.com/news/akofs-offshore-inks-new-vessel-deal-535956
https://www.marinelink.com/news/akofs-offshore-inks-new-vessel-deal-535956EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced its results for the three and twelve-month periods ended December 31, 2025. Fourth Quarter 2025 Highlights: Total net revenues of $17.4 million. Net income attributable to controlling shareholders, of $3.2 million or $1.14 earnings per share attributable ...
https://www.hellenicshippingnews.com/eurodry-ltd-benefitting-from-stronger-dry-bulk-market/
https://www.hellenicshippingnews.com/eurodry-ltd-benefitting-from-stronger-dry-bulk-market/Today, Friday, February 20 2026, the Baltic Dry Index climbed by 24 points, reaching 2043 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-climbs-to-2043-up-24-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2043-up-24-points/Norwegian offshore vessel owner DOF has entered into an agreement to purchase the Aurora Saltfjord and Aurora Sandefjord anchor handlers from Aurora Offshore. The vessels are 2011-built anchor handling tug supply (AHTS) vessels with a bollard pull of almost 400 metric tonnes, making them among the most powerful AHTS vessels globally. As part of upgrading …
https://splash247.com/dof-buys-two-aurora-offshore-anchor-handlers-in-100m-fleet-upgrade/
https://splash247.com/dof-buys-two-aurora-offshore-anchor-handlers-in-100m-fleet-upgrade/Swiss-based offshore drilling giant Transocean has secured additional work for three of its harsh-environment semisubmersibles. Transocean said in its fleet status report that the Transocean Enabler was awarded three fixtures by Equinor for a total of seven wells in Norway, at a dayrate of $455,000. The Norwegian energy giant has recently exercised two one-well options …
https://splash247.com/transocean-bags-more-work-for-three-semisubs/
https://splash247.com/transocean-bags-more-work-for-three-semisubs/