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Today, Tuesday, August 19 2025, the Baltic Dry Index decreased by 58 points, reaching 1964 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-1964-down-58-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1964-down-58-points/Brazil’s National Agency for Petroleum, Natural Gas, and Biofuels (ANP) has ordered Equinor to stop production from the Peregrino FPSO over safety concerns. PRIO, which bought Equinor’s 60% stake in the Peregrino field in May this year, said that the order to stop production from the unit was communicated through the Operational Safety Superintendence. Even …
https://splash247.com/brazilian-authorities-shut-down-equinor-fpso-over-safety-issues/
https://splash247.com/brazilian-authorities-shut-down-equinor-fpso-over-safety-issues/Gisa Paredes, a psychologist and managing director of WellAtSea, writes for Splash today. At sea, stress is expected. Long hours, isolation, and operational pressures are part of the job. But one silent, often misunderstood force can erode seafarer wellbeing from the inside out: grief. We tend to think of grief as something that arrives with …
https://splash247.com/why-grief-at-sea-needs-to-be-taken-seriously/
https://splash247.com/why-grief-at-sea-needs-to-be-taken-seriously/Denmark’s Norden has continued its active run in the bulkers sale-and-purchase market, confirming the disposal of a supramax and the acquisition of a Japanese-built panamax. The Copenhagen-listed company is following through on its strategy of converting leased tonnage into owned assets and then reselling them for profit. The Jan Rindbo-led owner and operator said it …
https://splash247.com/norden-continues-asset-play-with-bulker-sale-and-purchase-moves/
https://splash247.com/norden-continues-asset-play-with-bulker-sale-and-purchase-moves/Greece’s Performance Shipping has secured a fresh time charter for one of its tankers, agreeing a year-long fixture with Pakistan National Shipping Corporation (PNSC). The 105,304 dwt LR2/aframax P Aliki has been fixed at a daily rate of $30,000 for a firm period of 12 months, with the PNSC holding an option to adjust by …
https://splash247.com/performance-shipping-tanker-heads-to-pakistan-under-year-long-charter/
https://splash247.com/performance-shipping-tanker-heads-to-pakistan-under-year-long-charter/SFL Q2 net income of $1.5 mln beats analyst expectations, per LSEG data Adjusted EBITDA of $104 mln misses analyst estimates, per LSEG dataCompany says sold older vessels, increasing capital but reducing near-term cash flow SFL lowers dividend to $0.20 per share, from $0.27 per share in Q1, reflecti
https://www.marinelink.com/news/sfl-beats-q-profit-estimates-529088
https://www.marinelink.com/news/sfl-beats-q-profit-estimates-529088On India's southern coast, V. Srinivas thrived for two decades by farming shrimp, as the country became the top supplier of the delicacy to the United States. Now, Donald Trump's 50% tariff threat is forcing many to consider other ways of making…
https://www.marinelink.com/news/tariffs-hit-india-shrimp-farmers-hard-529089
https://www.marinelink.com/news/tariffs-hit-india-shrimp-farmers-hard-529089Van Oord has secured a contract for the land reclamation of Naïa Island Dubai, a new development located just off Jumeirah’s coastline. The project marks another milestone in Van Oord’s long-standing presence in the region, following its role in the development of projects such as Dubai Harbor…
https://www.marinelink.com/news/van-oord-awarded-land-reclamation-project-529091
https://www.marinelink.com/news/van-oord-awarded-land-reclamation-project-529091Ningbo Ocean Shipping Co (NBOSCO) is continuing its containership fleet expansion with a fresh order for four 4,300 teu vessels at Huangpu Wenchong Shipbuilding. The newbuildings are scheduled for delivery in 2029 and follow the company’s earlier plan announced this year to invest up to $278m in this series. While the yard was initially to …
https://splash247.com/ningbo-ocean-shipping-back-at-huangpu-wenchong-for-4300-teu-series/
https://splash247.com/ningbo-ocean-shipping-back-at-huangpu-wenchong-for-4300-teu-series/Japan’s Mitsui OSK Lines (MOL) has signed a joint development agreement with trading house Itochu Corporation to carry out the world’s first ship-to-ship ammonia bunkering operations in Singapore. The project, slated for the second half of 2027, will see MOL deploy its coming fleet of ammonia dual-fuel capesize bulkers while Itochu brings in its 5,000 …
https://splash247.com/mol-and-itochu-ink-deal-for-singapore-ammonia-bunkering-demo/
https://splash247.com/mol-and-itochu-ink-deal-for-singapore-ammonia-bunkering-demo/