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Russia aims to boost grains and vegetable oil exports to Iran through the Caspian Sea in the coming months, thanks to an anticipated larger harvest this year and an end to trading restrictions, market analysts and traders said on Tuesday. Trade between Russia and Iran, both heavily sanctioned by the West, grew by 16% to ...
https://www.hellenicshippingnews.com/russia-aims-to-boost-grains-vegoil-exports-to-iran/
https://www.hellenicshippingnews.com/russia-aims-to-boost-grains-vegoil-exports-to-iran/Top thermal coal importers China and India are slashing Indonesian shipments of the power generating fuel in favour of energy-dense grades from elsewhere as a global fall in prices has made higher-quality coal more competitive. Coal purchases by China and India from Indonesia, the world’s biggest exporter, are dropping faster than their overall thermal coal ...
https://www.hellenicshippingnews.com/china-india-shift-to-higher-grade-coal-cut-indonesian-imports/
https://www.hellenicshippingnews.com/china-india-shift-to-higher-grade-coal-cut-indonesian-imports/The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities fell on Wednesday, weighed by a decline in capesize vessel rates. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was down 16 points, or 1%, at 1,665, hitting its lowest level since June 6. ...
https://www.hellenicshippingnews.com/baltic-dry-bulk-index-slips-as-capesize-rates-weaken/
https://www.hellenicshippingnews.com/baltic-dry-bulk-index-slips-as-capesize-rates-weaken/My Harassment-Free Ship campaign is the theme of today’s United Nations-backed International Day of the Seafarer, with a call to eliminate bullying and harassment in the maritime industry. To this end, UN body the International Maritime Organization has today launched an interactive world map, which highlights reporting channels, national policies, and support systems by flag …
https://splash247.com/interactive-map-launched-to-give-seafarers-the-right-reporting-channels/
https://splash247.com/interactive-map-launched-to-give-seafarers-the-right-reporting-channels/Nasdaq-listed Greek tanker owner and operator Performance Shipping has agreed to the refinancing of an existing outstanding loan of $29.75m with compatriot Alpha Bank. Proceeds from the facility will be used to fully refinance the existing debt maintained with Alpha Bank, secured by the 2013-built aframax P. Long Beach and the 2010-built LR2 P. Aliki. …
https://splash247.com/performance-shipping-agrees-refinancing-deal-with-greek-bank/
https://splash247.com/performance-shipping-agrees-refinancing-deal-with-greek-bank/SLB OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has secured an engineering, procurement and construction (EPC) contract from Equinor for the second phase of the Northern Lights CO₂ storage project offshore Norway. The contract covers the delivery of two satellite subsea CO₂ injection systems and related tie-in infrastructure. Initial equipment deliveries …
https://splash247.com/slb-onesubsea-wins-contract-for-northern-lights-phase-two-co2-project/
https://splash247.com/slb-onesubsea-wins-contract-for-northern-lights-phase-two-co2-project/Teekay Tankers has continued to offload its ageing tonnage by selling its oldest LR2 unit. S&P sources show the New York-listed firm is shipping out the 2007 Hyundai Heavy Industries-built 105,200 dwt Limerick Spirit to unnamed Greek interests for around $27.8m. The Kenneth Hvid-led owner and operator has been improving the age profile of its …
https://splash247.com/teekay-tankers-ships-out-its-oldest-lr2/
https://splash247.com/teekay-tankers-ships-out-its-oldest-lr2/Hong Kong-based dry bulk shipping giant Pacific Basin has signed a memorandum of understanding (MOU) with The Hong Kong and China Gas Company Limited (Towngas) to secure supplies of green methanol, as the company moves to meet tightening international emissions standards. The deal outlines plans for Towngas to provide Pacific Basin with green methanol that …
https://splash247.com/pacific-basin-signs-methanol-fuel-deal-with-towngas/
https://splash247.com/pacific-basin-signs-methanol-fuel-deal-with-towngas/The first Russian-built ice-class tanker for liquefied natural gas is expected to go into operation in the second half of this year at the Arctic LNG 2 plant, Interfax news agency quoted tanker group Sovcomflot as saying on Wednesday.International…
https://www.marinelink.com/news/first-russianbuilt-iceclass-lng-tanker-527282
https://www.marinelink.com/news/first-russianbuilt-iceclass-lng-tanker-527282cut685bdfb8b3c6622a5fe1f2da_Lund Family1SunStone Maritime Group A/S takes next step in previously announced leadership transition.After 35 years as Chief Executive Officer, founder Niels-Erik Lund is retiring as CEO on June 30, 2025. Niels-Erik…
https://www.marinelink.com/news/family-sunstone-maritime-group-ceo-torch-527289
https://www.marinelink.com/news/family-sunstone-maritime-group-ceo-torch-527289