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Singapore-based marine logistics firm Marco Polo has hired Norwegian ship designer Salt Ship Design to design the CSOV Plus, the next-generation commissioning service operation vessel (CSOV) for oil and gas and offshore wind sectors.The contract…
https://www.marinelink.com/news/marco-polo-picks-salt-ship-design-nextgen-529724
https://www.marinelink.com/news/marco-polo-picks-salt-ship-design-nextgen-529724Today, Friday, September 05 2025, the Baltic Dry Index climbed by 16 points, reaching 1979 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-1979-up-16-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1979-up-16-points/Today, Monday, September 08 2025, the Baltic Dry Index climbed by 40 points, reaching 2019 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-2019-up-40-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2019-up-40-points/At the start of the year, there was the largest alliance reshuffle among global liners in more than a decade. As the year has progressed, it has become apparent that this redrawing of the global liner map has had some winners and losers among European ports. Analysis by Danish container shipping consultancy Sea-Intelligence of the …
Asiatic Lloyd has returned to its favoured Chinese shipyard for a pair of boxship newbuilds. Brokers are reporting the privately held German shipping line has ordered two 7,100 teu vessels at Dalian Shipbuilding. No price has been revealed. Asiatic Lloyd is twin-headquartered in Singapore-and Hamburg, operating as part of the Bunnemann family’s AL Group, which …
https://splash247.com/asiatic-lloyd-orders-two-boxships-in-dalian/
https://splash247.com/asiatic-lloyd-orders-two-boxships-in-dalian/The looming US port fee regime aimed squarely at Chinese-linked tonnage could saddle COSCO and its Hong Kong-listed subsidiary OOCL with a combined bill of more than $2.1bn in 2026, according to fresh calculations from HSBC. The US Trade Representative (USTR) is due to impose port fees from October 14, though the final rules remain …
https://splash247.com/hsbc-warns-cosco-and-oocl-face-2-1bn-hit-from-looming-us-port-fees/
https://splash247.com/hsbc-warns-cosco-and-oocl-face-2-1bn-hit-from-looming-us-port-fees/The Thamesborg, a 12-year-old, 21,359 dwt Dutch general cargo ship, ran aground in the Canadian Arctic over the weekend. The ship ran into difficulty while transiting the remote Franklin Strait with Canadian authorities quick to attend the scene. At around midnight UTC, the ice-class freighter grounded on its transit from Lianyungang, China, to Baie-Comeau, Quebec, …
https://splash247.com/dutch-ship-grounds-in-canadian-arctic/
https://splash247.com/dutch-ship-grounds-in-canadian-arctic/Despite misdeclared cargoes making more and more headlines, leading to deaths and vessel losses, new data published today shows more than one in 10 shipments have deficiencies, an alarming upward trend. The World Shipping Council (WSC), liner shipping’s lobby group, has released a new report summarising deficiencies found in government cargo inspection programmes, reviving a …
Geopolitical conflicts and shifting trade patterns are redefining risks and opportunities for the marine insurance sector. Opening this year’s International Union of Marine Insurance (IUMI) conference in Singapore, IUMI president Frédéric Denèfle warned that marine insurers are facing significant change as the world approaches the end of an era of seamless globalisation. Denèfle reflected on …
https://splash247.com/the-end-of-globalisation-is-fast-approaching-iumi-president/
https://splash247.com/the-end-of-globalisation-is-fast-approaching-iumi-president/China's military on Saturday said its forces had followed and warned a Canadian and an Australian warship, which were sailing through the sensitive Taiwan Strait, in a move it criticised as a provocation.The People's Liberation Army's Eastern…
https://www.marinelink.com/news/china-criticises-canadian-australian-529692
https://www.marinelink.com/news/china-criticises-canadian-australian-529692