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As the FuelEU Maritime regulation enters into force, the shipping industry may be looking at a surprising upside. Instead of acting solely as a cost driver, the regulation could create a net financial gain, potentially around USD$279 million (€250 million)…
https://www.marinelink.com/news/fueleu-maritime-smarter-compliance-unlock-525800
https://www.marinelink.com/news/fueleu-maritime-smarter-compliance-unlock-525800Iron ore futures held near a five-week high on Thursday, boosted by improved demand outlook from the Sino-U.S. trade truce, although weaker credit data from China limited gains. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 1.17% higher at 736.5 yuan ($102.13) a metric ton. Earlier in the ...
https://www.hellenicshippingnews.com/iron-ore-futures-hover-near-5-week-high-china-credit-data-caps-gains/“Between January and April 2025, dry bulk ship recycling has fallen 24% y/y, reaching a 17-year low despite a 35% y/y drop in the Baltic Dry Index (BDI). While weaker freight rates typically encourage the recycling of older and less profitable ships, high uncertainty over the demand outlook could be delaying recycling decisions,” says Filipe ...
https://www.hellenicshippingnews.com/dry-bulk-ship-recycling-falls-24-to-17-year-low/
https://www.hellenicshippingnews.com/dry-bulk-ship-recycling-falls-24-to-17-year-low/The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose to a more than one-week peak on Thursday on higher rates for capesize vessels. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was up 38 points, or 3%, to 1,305, its ...
https://www.hellenicshippingnews.com/baltic-index-hits-over-one-week-peak-on-higher-capesize-vessel-rates/Liner executives are reporting a dramatic pick-up in box bookings between China and the US this week as a 90-day mini-reprieve in the tariff war between the world’s two largest economies gets underway. The busier liner bookings have yet to translate into an immediate rate surge, but analysts are confident carriers will make strong profits …
Nasdaq-listed Greek dry bulk giant Star Bulk Carriers has confirmed sales of five older supramax vessels. The Athens-based company revealed in its first-quarter earnings report it had sold the 2005-built Star Omicron and the 2006-built Strange Attractor. Both ships have already been delivered and renamed Fu Chang and Ocean Melody, respectively. In addition, Star Bulk …
https://splash247.com/star-bulk-clears-out-five-ageing-supramaxes/
https://splash247.com/star-bulk-clears-out-five-ageing-supramaxes/Two weeks after the successful load out, the steel topside for the Hollandse Kust (west Beta) substation platform is ready to leave the port of Hoboken near Antwerp in the Netherlands for its final North Sea destination.The topside is schedule to leave the Dutch port on May 17…
https://www.marinelink.com/news/topside-hollandse-kust-west-beta-525773
https://www.marinelink.com/news/topside-hollandse-kust-west-beta-525773“Between January and April 2025, dry bulk ship recycling has fallen 24% y/y, reaching a 17-year low despite a 35% y/y drop in the Baltic Dry Index (BDI). While weaker freight rates typically encourage the recycling of older and less profitable ships…
https://www.marinelink.com/news/dry-bulk-ship-breaking-skids-year-low-525774
https://www.marinelink.com/news/dry-bulk-ship-breaking-skids-year-low-525774With approval from the Danish Emergency Management Agency, DanPilot and Danelec are now initiating a test program for remote pilotage—the first of its kind in the world. The approval marks a significant step towards a technological paradigm shift…
https://www.marinelink.com/news/denmark-launches-datadriven-remote-525782
https://www.marinelink.com/news/denmark-launches-datadriven-remote-525782In recognition of the International Day for Women in Maritime on May 18, 2025, Interferry is proud to spotlight Mrs. Supapan Pichaironarongsongkram, board member of Interferry and Chairperson of Chao Phraya Express Boat Co., Ltd., Bangkok, Thailand…
https://www.marinelink.com/news/interferry-spotlights-thai-maritime-525783
https://www.marinelink.com/news/interferry-spotlights-thai-maritime-525783