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The German government is still in talks with Thyssenkrupp over a spin-off of its naval ship building division TKMS, officials said on Wednesday, after a report said Berlin had no plans to take a stake.The business daily Handelsblatt, citing government sources…
https://www.marinelink.com/news/german-government-discussing-naval-527579
https://www.marinelink.com/news/german-government-discussing-naval-527579The TotalEnergies West of Shetland offshore assets it agreed to sell to Prax Group last year remain under the French oil major's ownership, it said on Wednesday, so will not be subject to disposals resulting from liquidation proceedings affecting…
https://www.marinelink.com/news/totalenergies-uk-assets-bought-prax-527580
https://www.marinelink.com/news/totalenergies-uk-assets-bought-prax-527580Iron ore futures climbed across all benchmarks on Wednesday as shipments from top exporters Australia and Brazil dropped, while an increase in hot metal output buoyed investor sentiment. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.69% higher at 722.5 yuan ($100.81) a metric ton. The benchmark August ...
https://www.hellenicshippingnews.com/iron-ore-futures-rise-on-supply-dip-firming-demand/
https://www.hellenicshippingnews.com/iron-ore-futures-rise-on-supply-dip-firming-demand/“During the first half of 2025, US seaborne grain shipments increased 9% y/y, driven by stronger maize exports. While an increase in import tariffs led to a 57% y/y drop in volumes to China, the US has been able to find alternative markets for most of its cargoes,” says Filipe Gouveia, Shipping Analysis Manager at ...
https://www.hellenicshippingnews.com/us-grain-shipments-jump-9-despite-chinese-tariffs/
https://www.hellenicshippingnews.com/us-grain-shipments-jump-9-despite-chinese-tariffs/The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a one-month low on Wednesday, as rates declined across capesize and panamax vessel segments. The main index slipped to its lowest point since June 3, easing 15 points, or 1%, to 1,443 points. The capesize index dropped ...
https://www.hellenicshippingnews.com/baltic-index-falls-to-one-month-low-as-larger-vessel-rates-dip/
https://www.hellenicshippingnews.com/baltic-index-falls-to-one-month-low-as-larger-vessel-rates-dip/With the Hong Kong Convention entering into force, the global ship recycling industry is officially entering a new era. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “June 26, 2025, marks a key regulatory moment in the ship recycling landscape, with the Hong Kong Convention (HKC) officially ...
https://www.hellenicshippingnews.com/ship-recycling-market-entering-a-new-era/
https://www.hellenicshippingnews.com/ship-recycling-market-entering-a-new-era/Greek shipowner Evangelos Marinakis, through his Capital Group, has placed a fresh order for four LNG carriers with South Korea’s HD Hyundai Samho Heavy Industries. The deal, worth around $1.03bn, involves 174,000 cu m newbuilds, priced at $257m each, with final delivery expected in the second half of 2028. The order is part of a …
https://splash247.com/marinakis-stacks-lng-carrier-orderbook-in-south-korea/
https://splash247.com/marinakis-stacks-lng-carrier-orderbook-in-south-korea/Oslo-listed seismic data specialist TGS has won a contract for offshore wind site characterisation, including acquisition, imaging, and interpretation services offshore Norway. The vessel Ramform Vanguard will start acquisition in early July, with a duration of approximately 25 days. The imaging and interpretation work will begin concurrently. Data acquisition and the final data delivery to …
https://splash247.com/tgs-bags-offshore-wind-site-characterisation-gig-off-norway/
https://splash247.com/tgs-bags-offshore-wind-site-characterisation-gig-off-norway/Singapore-based floater owner and operator Yinson Production has announced a successful placement of $1.168bn in senior secured notes issued by Yinson Bergenia Production, the owner of the FPSO Maria Quitéria. The FPSO is operating under a 22.5-year lease and operate contract with Petrobras in the Jubarte field, offshore Brazil. The unit is installed at a …
https://splash247.com/yinson-production-secures-1-17bn-refinancing-for-fpso-maria-quiteria/
https://splash247.com/yinson-production-secures-1-17bn-refinancing-for-fpso-maria-quiteria/Australia’s BHP Group has signed contracts with COSCO Shipping Bulk, a subsidiary of COSCO Shipping, for the charter of two ammonia dual-fueled Newcastlemax bulk carriers.The new vessels to be built under the arrangement will be two of only…
https://www.marinelink.com/news/bhp-signs-charter-contracts-cosco-two-527548
https://www.marinelink.com/news/bhp-signs-charter-contracts-cosco-two-527548