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Today, Monday, November 24 2025, the Baltic Dry Index climbed by 20 points, reaching 2295 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-2295-up-20-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2295-up-20-points/UK energy services company Petrofac is in the process of firing around 200 of its staff in the United Arab Emirates, with a day’s notice. Around 180 people in the UAE connected to an offshore wind grid programme that underpinned most of the company’s engineering and construction revenue were laid off last week, ending on …
https://splash247.com/petrofac-fires-200-workers-with-one-days-notice-amid-financial-meltdown/
https://splash247.com/petrofac-fires-200-workers-with-one-days-notice-amid-financial-meltdown/South Korea’s HMM has gone local for its latest newbuilds, contracting HD Hyundai for eight 13,400 teu LNG dual-fuel containerships, in a deal worth $1.46bn. Two vessels will be built by HD Hyundai Heavy Industries (HHI) and six by HD Hyundai Samho, with deliveries scheduled consecutively through the first half of 2029. HMM became the …
https://splash247.com/hmm-contracts-hd-hyundai-for-eight-13400-teu-ships/
https://splash247.com/hmm-contracts-hd-hyundai-for-eight-13400-teu-ships/MISC’s tanker subsidiary AET has contracted for two LNG dual-fuel suezmax vessels at an unspecified yard. With this order, MISC, Malaysia’s largest shipping firm, will have dual-fuel capability in all the tanker sectors it operates in – aframaxes, shuttle tankers, suezmaxes and VLCCs. “This milestone reinforces MISC Group’s commitment to advancing the energy transition and …
https://splash247.com/aet-orders-pair-of-suezmaxes/
https://splash247.com/aet-orders-pair-of-suezmaxes/Four men, including the chief officer of an international livestock carrier, have been charged over their alleged roles in an organised crime plot to import more than 525kg of cocaine into Australia, after packages of the drug were found floating…
https://www.marinelink.com/news/chief-officer-livestock-carrier-charged-532786
https://www.marinelink.com/news/chief-officer-livestock-carrier-charged-532786MISC Group said has signed shipbuilding contracts for two LNG dual-fuel Suezmax tankers through its petroleum and product shipping arm AET, marking a further step in its fleet renewal and energy transition strategy.The vessels will operate under long-term time charter party agreements…
https://www.marinelink.com/news/misc-orders-lng-dualfuel-suezmax-pair-532787
https://www.marinelink.com/news/misc-orders-lng-dualfuel-suezmax-pair-532787The U.K. and Indonesia have agreed a $5.23 billion (£4 billion) maritime deal that will secure around 1,000 jobs in Britain and strengthen defense and security cooperation in the Indo-Pacific.The new Maritime Partnership Programme, led by British defense firm Babcock…
https://www.marinelink.com/news/uk-indonesia-strike-b-maritime-deal-532790
https://www.marinelink.com/news/uk-indonesia-strike-b-maritime-deal-532790Greek eco tanker owner and operator Top Ships has firmed up more employment for one of its product tankers and completed a refinancing package tied to four vessels, as the New York–listed owner continues to reshape its balance sheet. The company said it has agreed a three-year extension with Denmark’s Weco Tankers for the 50,000 …
https://splash247.com/top-ships-fixes-mr-tanker-for-three-years-in-20m-deal/
https://splash247.com/top-ships-fixes-mr-tanker-for-three-years-in-20m-deal/Greece’s Pyxis Tankers is preparing for its next round of fleet expansion, planning to acquire at least three ships by the end of next year as financing lines open up. The Nasdaq-listed owner said it is keeping a cautious stance amid volatile macroeconomic and geopolitical conditions but sees attractive buying opportunities ahead in both the …
https://splash247.com/pyxis-tankers-sets-sights-on-fresh-tonnage/
https://splash247.com/pyxis-tankers-sets-sights-on-fresh-tonnage/Artificial intelligence may promise efficiency at sea, but the people on deck remain the ultimate decision-makers. Shipping is on the cusp of a technological shift. Autonomous systems and artificial intelligence are increasingly moving from the lab to the bridge, promising to change how vessels are operated and managed. Yet despite headlines about fully automated ships, …
https://splash247.com/bridging-human-and-machine/
https://splash247.com/bridging-human-and-machine/