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On January 22, 2026, Eastern Shipbuilding Group (ESG) and partners, U.S. Army Corps of Engineers (USACE) and Royal IHC, held a keel laying ceremony for the ongoing construction of the Dredge DONNELLY at Eastern’s Allanton Facility.The DONNELLY…
https://www.marinelink.com/news/keel-laying-ceremony-held-us-army-corps-535509
https://www.marinelink.com/news/keel-laying-ceremony-held-us-army-corps-535509IBIA – International Bunker Industry Association Board announced the outcome of their elections at the IBIA Annual General Meeting (AGM), ahead of the IBIA Annual Dinner at the Grosvenor House Hotel in London’s Park Lane.A total of eleven candidates…
https://www.marinelink.com/news/ibia-announces-results-board-member-535510
https://www.marinelink.com/news/ibia-announces-results-board-member-535510The U.S. Coast Guard and partner agencies apprehended a stowaway smuggler and seized 10 bales of cocaine in San Juan Harbor, Puerto Rico, on January 28.The seized contraband weighed a combined total of 358kg/789.25 pounds and is estimated to have a wholesale value of more than $5 million.
https://www.marinelink.com/news/stowaway-cocaine-smuggler-caught-san-juan-535512
https://www.marinelink.com/news/stowaway-cocaine-smuggler-caught-san-juan-535512The weekly roller coaster that has become the global marketplace went through its regular gravitational drop this week, with the U.S. dollar taking the “cement-footed diving approach” in all ship-recycling destinations… except Turkey, reports…
https://www.marinelink.com/news/activity-increases-ship-recycling-yards-535513
https://www.marinelink.com/news/activity-increases-ship-recycling-yards-535513While the IMO has established interim guidelines to facilitate the use of ammonia as a marine fuel, international standards governing the safe treatment and discharge of toxic ammonia effluent generated during vessel operations have yet to be developed.Unlike typical aqueous ammonia…
https://www.marinelink.com/news/korea-advances-international-standards-535514
https://www.marinelink.com/news/korea-advances-international-standards-535514Market Overview The Baltic Dry Index (BDI) recorded a sharp recovery ahead of the Lunar New Year before correcting on Friday, 6 February 2026. While dry bulk indices have historically softened into the holiday period due to seasonal disruptions, index levels this year remained firmer than at the start of 2025. Index Performance The BDI ...
https://www.hellenicshippingnews.com/bdi-vs-bci-ahead-of-the-lunar-new-year/
https://www.hellenicshippingnews.com/bdi-vs-bci-ahead-of-the-lunar-new-year/The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, declined for a sixth consecutive day on Monday, down 1.5% to a new low since January 26 at 1,895 points, amid lower demand for the larger vessels. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-for-6th-day/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-for-6th-day/VLGC owner and operator BW LPG has entered three-year time charter-out contracts for two of its vessels. The deals were struck for the 2016-built, 84.612 cu m BW Tucana and the 2020-built, 83,315 cu m BW Yushi. The client was left undisclosed. The period charters commenced in January 2026, increasing fixed-rate time charter-out coverage to …
https://splash247.com/bw-lpg-fixes-two-vlgcs-on-three-year-time-charters/
https://splash247.com/bw-lpg-fixes-two-vlgcs-on-three-year-time-charters/Cadeler’s service arm, Nexra, has signed a firm contract for an operations and maintenance campaign in Taiwan. The contract with an undisclosed client is expected to exceed €20m ($23.7m) and will be executed across two offshore wind farms in Taiwan. The campaign will commence in March 2026, will run for 3-4 months, and will be …
https://splash247.com/cadeler-arm-wins-taiwan-offshore-wind-om-contract/
https://splash247.com/cadeler-arm-wins-taiwan-offshore-wind-om-contract/Norway’s Eidesvik Offshore has been awarded a charter extension from compatriot energy giant Equinor for one of its large platform supply vessels (PSV). The extension was awarded to the 5,700 dwt PSV Viking Avant. The extension will begin in direct continuation of the current charter. Eidesvik said in an Oslo Bors filing that the vessel’s …
https://splash247.com/eidesvik-secures-fresh-equinor-extension-for-long-serving-psv/
https://splash247.com/eidesvik-secures-fresh-equinor-extension-for-long-serving-psv/