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“We estimate that coal shipments to advanced economies will fall 2% y/y in 2025, reaching a 23-year low. This will be the third consecutive annual drop although the pace of decline has slowed compared to previous years. The contraction is primarily…
https://www.marinelink.com/news/coal-shipments-plummet-year-low-532858
https://www.marinelink.com/news/coal-shipments-plummet-year-low-532858Dan-Bunkering has announced the appointment of Christian Vandvig Finnerup as Managing Director for Dan-Bunkering USA, effective November 1, 2025.Christian Vandvig Finnerup transitions to the U.S. from Singapore, where he served as Commercial Director at Dan-Bunkering APAC…
https://www.marinelink.com/news/danbunkering-us-appoints-christian-532864
https://www.marinelink.com/news/danbunkering-us-appoints-christian-532864Alfa Laval Korea Ltd. has signed a Memorandum of Understanding (MOU) with Hanwha Ocean Ecotech, marking a step toward strengthening cooperation in developing safe and reliable ammonia fuel system solutions for dual-fuel vessels.The MOU will…
https://www.marinelink.com/news/alfa-laval-collaborate-hanwha-ocean-532866
https://www.marinelink.com/news/alfa-laval-collaborate-hanwha-ocean-532866Inchcape Shipping Services, a leader in port agency and maritime services, has announced the opening of its new office in Geoje, Korea. This expansion increases Inchcape’s footprint in South Korea to three offices—Seoul, Busan, and now Geoje…
https://www.marinelink.com/news/inchcape-shipping-services-opens-new-532867
https://www.marinelink.com/news/inchcape-shipping-services-opens-new-532867Golar LNG Limited has announced that it has successfully closed and drawn a new $1.2 billion asset backed debt facility agreement with a consortium of banks including ABN AMRO, Citibank, DNB, Goldman Sachs and Standard Chartered Bank for the refinancing of FLNG Gimi.
https://www.marinelink.com/news/golar-lng-announces-successful-completion-532869
https://www.marinelink.com/news/golar-lng-announces-successful-completion-532869Today, Tuesday, November 25 2025, the Baltic Dry Index climbed by 14 points, reaching 2309 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-2309-up-14-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2309-up-14-points/Maran Tankers has stepped back into the VLCC newbuilding market, sealing a four-ship deal at South Korea’s Hanwha Ocean after a four-year pause from ordering in the segment. Hanwha Ocean confirmed the contract on Monday, detailing a KRW 757.7bn ($516m) package for four 320,000 dwt crude carriers. The price works out at about $129m per …
https://splash247.com/maran-tankers-joins-vlcc-rush-with-four-newbuilds-at-hanwha-ocean/
https://splash247.com/maran-tankers-joins-vlcc-rush-with-four-newbuilds-at-hanwha-ocean/Diana Shipping has made its move on New York-listed Genco Shipping & Trading, tabling a cash offer to acquire all remaining shares it does not already own at $20.60 per share. The Athens-based owner, led by chief executive Semiramis Paliou, holds 14.8% of Genco after steadily building its position since first disclosing a 7.7% stake …
https://splash247.com/diana-shipping-tables-buyout-offer-for-genco/
https://splash247.com/diana-shipping-tables-buyout-offer-for-genco/Sweden will choose a supplier for its multi-billion Swedish crown acquisition of four new frigates early next year, the defence minister said on Monday.Sweden is in an intense buildup of its forces in the wake of Russia's invasion of Ukraine…
https://www.marinelink.com/news/sweden-choose-frigate-supplier-early-532818
https://www.marinelink.com/news/sweden-choose-frigate-supplier-early-532818Dr. Rosalie Balkin, who was nominated by the Government of Australia, was honoured at the annual IMO Awards Ceremony, held in London on November 24, 2025. The ceremony followed the first day of the 34th session of the IMO Assembly, taking place from November 24 to December 3, 2025. Handing Dr.
https://www.marinelink.com/news/dr-rosalie-balkin-receives-imo-532823
https://www.marinelink.com/news/dr-rosalie-balkin-receives-imo-532823