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Denmark-based Mibau Stema Group has signed up for two new self-unloading bulk carriers at Chengxi Shipyard in China. These newbuilds will be constructed to be biofuel- and methanol-ready as part of Mibau Stema’s strategic goal to enhance transport capabilities, increase operational versatility, and transition towards more sustainable shipping practices. The order was made in collaboration …
https://splash247.com/mibau-stema-grows-bulker-fleet-backed-by-hartmann-csl-venture/
https://splash247.com/mibau-stema-grows-bulker-fleet-backed-by-hartmann-csl-venture/Singapore's Keppel has initiated arbitration proceedings against local shipbuilder Seatrium for a S$68.4 million ($53.33 million) claim related to a corruption crackdown in Brazil, the companies said on Tuesday.In 2023, Seatrium had made provisions…
https://www.marinelink.com/news/keppel-seatrium-m-arbitration-case-brazil-529397
https://www.marinelink.com/news/keppel-seatrium-m-arbitration-case-brazil-529397“We forecast a balanced development in the crude tanker market in 2025 and 2026 while we expect the product tanker market to remain weaker than in 2024. The product tanker suffers under the weight of increasing supply growth and weaker demand growth due to shorter sailing distances…
https://www.marinelink.com/news/tanker-vessel-market-bends-supply-demand-529401
https://www.marinelink.com/news/tanker-vessel-market-bends-supply-demand-529401European defense giant Rheinmetall has signalled interest in taking over German shipbuilder Naval Vessels Luerssen, industry sources told Reuters on Wednesday, as the Duesseldorf-based firm looks to expand into the naval business.According to the Bild newspaper…
https://www.marinelink.com/news/german-shipbuilder-reportedly-eyed-529405
https://www.marinelink.com/news/german-shipbuilder-reportedly-eyed-529405DNV has released a revision of its Maritime Simulator Systems Standard (DNV-ST-0033), reflecting the growing diversity of simulation technologies used in maritime training and certification.The updated standard introduces terminology for virtual reality (VR)…
https://www.marinelink.com/news/dnv-updates-simulator-standard-evolving-529411
https://www.marinelink.com/news/dnv-updates-simulator-standard-evolving-529411Soya IT Marine Solutions is now compliant with both NIS2 and NIST—the EU and US frameworks for cybersecurity, respectively. Achieving compliance with two of the world's strictest regulations means that Soya IT Marine Solutions delivers top-class cyber security.
https://www.marinelink.com/news/soya-marine-solutions-achieves-nis-nist-529413
https://www.marinelink.com/news/soya-marine-solutions-achieves-nis-nist-529413A joint U.S. and Japanese military exercise will see the temporary deployment of the "Typhon" intermediate-range missile in Japan, Japanese and U.S. officials said on Thursday, a move likely to anger China.The Typhon system is part of a drive…
https://www.marinelink.com/news/joint-military-exercise-us-typhon-missile-529417
https://www.marinelink.com/news/joint-military-exercise-us-typhon-missile-529417Tensions between the United States and Venezuela are rising amid a large U.S. naval buildup in the Southern Caribbean and nearby waters, which U.S. officials say aims to address threats from Latin American drug cartels.U.S. President Donald…
https://www.marinelink.com/news/tensions-rise-us-warships-arrive-southern-529422
https://www.marinelink.com/news/tensions-rise-us-warships-arrive-southern-529422Today, Thursday, August 28 2025, the Baltic Dry Index decreased by 29 points, reaching 2017 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2017-down-29-points-2/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2017-down-29-points-2/China has placed curbs on coal production following an unexpected supply increase in the first half of the year that weighed on prices, according to an official of a major mining firm and analysts. China’s output in July dipped to the lowest level in over a year. It had risen more than 5% year-on-year in ...
https://www.hellenicshippingnews.com/china-is-capping-coal-production-to-support-prices-top-miner-and-analysts-say/