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Singapore's offshore services firm Kim Heng has held a christening ceremony for the Bridgewater Discovery, a DP2 geotechnical survey vessel, rebuilt in 2024.With the Bridgewater Discovery vessel, Kim Heng has marked another milestone in its…
https://www.marinelink.com/news/kim-hengs-rebuilt-geotechnical-survey-524734
https://www.marinelink.com/news/kim-hengs-rebuilt-geotechnical-survey-524734Swiss marine power company WinGD has secured a contract to integrate hybrid power and energy systems on four 113,600 DWT, wind-assisted tankers under construction for Union Maritime (UML).The agreement marks the first time that WinGD’s X-EL…
https://www.marinelink.com/news/wingd-secures-first-hybrid-integration-524737
https://www.marinelink.com/news/wingd-secures-first-hybrid-integration-524737China's first integrated offshore hydrogen-ammonia-methanol project, which will produce clean fuels for ships, has entered the trial operation phase in Yantai, in eastern Chinse province of Shandong.Jointly developed by CHN Energy Hydrogen Energy Technology…
https://www.marinelink.com/news/chinas-first-offshore-524746
https://www.marinelink.com/news/chinas-first-offshore-524746German naval conglomerate Thyssenkrupp and Italian shipbuilder Fincantieri have signed an Industrial Cooperation Agreement as part of a broader strategic partnership to provide the Philippine’s Navy with advanced submarine capabilities solutions.As…
https://www.marinelink.com/news/thyssenkrupp-fincantieri-team-submarines-524747
https://www.marinelink.com/news/thyssenkrupp-fincantieri-team-submarines-524747The Baltic Exchange’s dry bulk sea freight index on Wednesday fell for the thirteenth straight session to a more than one-month low due to lower demand across vessels amid a global trade war. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, dropped 83 points, or 6.2%, to 1,259, its lowest ...
https://www.hellenicshippingnews.com/baltic-index-falls-as-demand-falters-across-vessels-amid-trade-war/Today, Tuesday, April 10 2025, the Baltic Dry Index climbed by 10 points, reaching 1269 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-climbs-to-1269-up-10-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1269-up-10-points/Iron ore futures rebounded on Thursday, as an escalating Sino-U.S. trade war lifted hopes of more aggressive stimulus measures from Beijing to counter the impact of the hefty tariffs. On Wednesday, top metals consumer China, in response to U.S. President Donald Trump hiking duties on Chinese goods to 104%, hiked the tariffs on U.S. imports ...
https://www.hellenicshippingnews.com/iron-ore-rebounds-as-widening-sino-us-trade-war-raises-china-stimulus-hopes/The Baltic Exchange’s dry bulk sea freight index, which monitors rates for ships carrying dry bulk commodities, snapped a twelve-day losing streak on Thursday, buoyed by higher rates in the capesize vessel segment. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, gained for the first time since March 25, adding ...
https://www.hellenicshippingnews.com/baltic-index-snaps-12-day-losing-streak-on-higher-capesize-rates/Today, Friday, April 11 2025, the Baltic Dry Index climbed by 05 points, reaching 1274 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-climbs-to-1274-up-05points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1274-up-05points/Iron ore futures flitted sideways on Friday, but were on track for a weekly loss, as escalating trade tensions between the United States and China – the world’s two largest economies – clouded the outlook on demand. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.71% higher at ...
https://www.hellenicshippingnews.com/iron-ore-set-for-weekly-loss-as-us-china-trade-war-dents-demand-outlook/