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Iron ore shipments on the Great Lakes totaled 2 million tons in January, a near match to 2025. Loadings were below the month’s 5-year average by 14.5 percent.Since 1880, Lake Carriers’ has represented the U.S.-flag Great Lakes fleet, which today…
https://www.marinelink.com/news/great-lakes-iron-ore-trade-a-near-match-535932
https://www.marinelink.com/news/great-lakes-iron-ore-trade-a-near-match-535932Today, Thursday, February 19 2026, the Baltic Dry Index decreased by 44 points, reaching 2019 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-2019-down-44-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2019-down-44-points/Supermajor BP has extended platform and rig operations and maintenance contract with Turan Drilling & Engineering Company on the Azeri Chirag Gunashli (ACG) oil field and the Shah Deniz gas field in the Caspian Sea. Turan Drilling & Engineering Company is a joint venture between SOCAR and US-based Helmerich & Payne. The renewed contract covers …
https://splash247.com/bp-awards-1bn-deal-for-om-on-two-azeri-fields/
https://splash247.com/bp-awards-1bn-deal-for-om-on-two-azeri-fields/The Oslo- and New York-listed offshore driller Borr Drilling has revealed in its fleet status report that it secured new contracts and extensions for four of its jackups. The 2018-built Natt has won a contract extension from Eni in Congo. The extension was scheduled to last from January 2026 to February 2026. The rig has …
https://splash247.com/borr-drilling-secures-fresh-jackup-deals-and-extensions-across-four-rigs/
https://splash247.com/borr-drilling-secures-fresh-jackup-deals-and-extensions-across-four-rigs/Pippa Ganderton, head of ATPI Halo, writes for Splash about the largely unaccounted-for environmental impact of crew change travel and why shipping cannot afford to ignore Scope 3.6 emissions. Shipping’s efforts to decarbonise are rightly focused on optimising vessel performance, with the aim of reducing fuel consumption and emissions through more efficient propulsion, operational and …
https://splash247.com/crew-change-travel-carries-a-carbon-cost-that-shipping-can-no-longer-ignore/
https://splash247.com/crew-change-travel-carries-a-carbon-cost-that-shipping-can-no-longer-ignore/APM Terminals has bought into a Saudi terminal owned by DP World. APM Terminals will acquire a 37.5% minority stake in the Southern Container Terminal at Jeddah Islamic Port, while DP World will retain a 62.5% majority shareholding and continue to lead the operations at the facility, which it has had a 30-year build-operate-transfer concession …
https://splash247.com/apm-terminals-buys-into-dp-worlds-jeddah-terminal/
https://splash247.com/apm-terminals-buys-into-dp-worlds-jeddah-terminal/Energy trader BB Energy is reshaping its shipping arm, rolling all chartering and freight activities into a newly branded unit, Blue Bolt Shipping, and bringing in a seasoned industry executive to run it. Blue Bolt Shipping, a rebrand of Turbo Asia and a wholly owned subsidiary, will consolidate the group’s global freight operations under one …
https://splash247.com/trading-house-bb-energy-launches-new-shipping-unit/
https://splash247.com/trading-house-bb-energy-launches-new-shipping-unit/Being a shipowner is no more a dream, own a ship from as little as $1,000, states the homepage of Geneva Dry sponsor Shipfinex, a ship tokenisation platform aiming to revolutionise ship ownership and investment through fractional ownership and blockchain technology. While much of the dry bulk industry remains fixated on fuel transitions, Vikas Pandey, …
https://splash247.com/geneva-dry-dialogues-shipfinex/
https://splash247.com/geneva-dry-dialogues-shipfinex/In a climate of escalating geopolitical tension and a sharp retreat from green legislation in Washington, Paul Taylor, the newly appointed chair of the Poseidon Principles Association, has issued a staunch defence of maritime transparency. Writing on LinkedIn, Taylor, who also serves as global head of maritime industries at Societe Generale, acknowledged that the sector …
One in four compliant VLCCs are now controlled by Ga-Hyun Chung-led Sinokor, according to analysis by Norwegian broker Fearnleys, following the Korean company’s dramatic supertanker raid in the S&P and charter markets over the past few months. Fearnleys suggests Sinokor now controls about 25% of the compliant fleet, noting in a weekly report how this …
https://splash247.com/sinokor-now-controls-one-in-four-compliant-vlccs/
https://splash247.com/sinokor-now-controls-one-in-four-compliant-vlccs/