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The Baltic Capesize Index opened the week marginally firmer, while weekly performance remains lower, indicating continued sensitivity in the freight market. Ballaster availability remains elevated across both basins, with approximately 160 vessels (5-day MA) in West Australia and around 280 vessels (5-day MA) in the South Atlantic. South Atlantic ballaster counts are around 40 vessels ...
https://www.hellenicshippingnews.com/january-snapshot-capesize-ballasters-demand/
https://www.hellenicshippingnews.com/january-snapshot-capesize-ballasters-demand/The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels carrying dry bulk commodities, climbed to a two‑week high on Wednesday as rates strengthened across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax vessels, gained 74 points, or 4.3%, to 1,803, the highest level since January 6. ...
https://www.hellenicshippingnews.com/baltic-index-scales-2-week-peak-as-vessel-rates-rise-across-all-segments/Car carrier owner Sallaum Lines has moved its headquarters from Switzerland to Limassol, Cyprus, as it looks to sharpen its footing in Europe and support the next phase of fleet and business growth. The company said the relocation brings it closer to key European markets, regulators and maritime partners, while placing it at the centre …
https://splash247.com/sallaum-lines-shifts-headquarters-to-cyprus/
https://splash247.com/sallaum-lines-shifts-headquarters-to-cyprus/Kumiai Navigation is set to expand its dry bulk fleet, with market sources pointing to a newcastlemax newbuilding order at home in Japan. The Singapore-based owner, part of Japan’s Kumiai Senpaku group, has lined up a deal at Kawasaki Heavy Industries for two 210,000 dwt bulk carriers, according to shipbuilding players, with deliveries set for …
https://splash247.com/kumiai-navigation-lines-up-newcastlemax-pair-at-japanese-yard/
https://splash247.com/kumiai-navigation-lines-up-newcastlemax-pair-at-japanese-yard/Offshore drilling player Seadrill has picked up fresh contract cover across Malaysia, Norway and Brazil, firming up forward earnings for three units in its fleet. The New York-listed rig owner said the ultra-deepwater drillship West Capella has secured a new well-based contract in Malaysia with an undisclosed operator. The programme is due to start in …
https://splash247.com/seadrill-lands-new-work-for-trio-of-rigs/
https://splash247.com/seadrill-lands-new-work-for-trio-of-rigs/Harry Vafias-backed C3is has agreed to buy a South Korean-built product tanker as it continues to build out its mixed dry bulk and tanker fleet. The Athens-based owner said it has struck a deal to acquire a 2011-built, 47,203 dwt vessel for $22.9m from an entity affiliated with Brave Maritime, a company linked to members …
https://splash247.com/c3is-adds-product-tanker-from-vafias-stable/
https://splash247.com/c3is-adds-product-tanker-from-vafias-stable/Greek containership owner Costamare is being linked to a fresh round of newbuildings, with market sources pointing to an order for up to 12 mid-sized containerships at Chinese yards. Brokerage and liner intelligence sources say the Konstantinos Konstantakopoulos-led group has either placed firm orders or entered advanced talks for twelve 9,200 teu vessels with yards …
https://splash247.com/costamare-tied-to-a-dozen-boxship-newbuilds/
https://splash247.com/costamare-tied-to-a-dozen-boxship-newbuilds/Maritime digital optimisation firm ZeroNorth is changing leadership as it moves into its next phase of growth, appointing Soren Andersen as chief executive. Andersen will take over from founder CEO Soren Meyer, who is stepping down after leading the Danish company from start-up to one of shipping’s most widely used digital platforms. ZeroNorth was originally …
https://splash247.com/zeronorth-hands-ceo-role-to-andersen-as-founder-meyer-steps-aside/
https://splash247.com/zeronorth-hands-ceo-role-to-andersen-as-founder-meyer-steps-aside/Greek owner Danaos is widening its reach beyond boxships and bulkers after striking a strategic partnership with US energy infrastructure player Glenfarne Group on the Alaska LNG project. The Nasdaq-listed company said it will invest $50m in development capital through Glenfarne Alaska Partners, while also lining up as the preferred tonnage provider for at least …
https://splash247.com/danaos-steps-into-lng-with-alaska-project-tie-up/
https://splash247.com/danaos-steps-into-lng-with-alaska-project-tie-up/Greek tanker owner Okeanis Eco Tankers is looking to further expand its suezmax fleet, unveiling plans to acquire two newbuilding resales in South Korea alongside a proposed equity offering. The New York- and Oslo-listed company, controlled by the Alafouzos family, said it has signed a deal to purchase two 157,000 dwt tankers currently under construction …
https://splash247.com/okeanis-eco-tankers-lines-up-fresh-suezmax-resales/
https://splash247.com/okeanis-eco-tankers-lines-up-fresh-suezmax-resales/