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SAAM Towage, the largest towage operator in the Americas, has added two new units to its fleet: the SAAM Petrel and the SAAM Charrán. These modern ships, designed by the renowned firm Robert Allan and built at the Sanmar shipyard in Turkey.Their…
https://www.marinelink.com/news/saam-towage-strengthens-fleet-new-tugs-528562
https://www.marinelink.com/news/saam-towage-strengthens-fleet-new-tugs-528562The Surface Navy Association (SNA) announced the appointment of retired Vice Admiral Ron Boxall as its new President, succeeding retired Vice Admiral Rick Hunt, who has served in the role since 2019. Admiral Boxall will make his first official…
https://www.marinelink.com/news/surface-navy-association-names-new-528563
https://www.marinelink.com/news/surface-navy-association-names-new-528563This week’s Chart Monitor highlights a continued upward trend in tonne-day growth for the Capesize segment during Q2 2025, particularly on voyages from the Atlantic Americas to the Far East. However, the recent surge in demand on the C3 route (Brazil to China) raises concerns about its durability as we move into the third quarter. ...
https://www.hellenicshippingnews.com/dry-market-monitor-spotlight-on-capesize-tonne-days-to-the-far-east-and-c3-market-rates/“We estimate the dry bulk supply/demand balance to weaken in both 2025 and 2026, compared to 2024. Demand growth is expected to slow, impacted by a weaker economic outlook for China and the world and a shift in US trade policy,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. The rise in tariffs and the ...
https://www.hellenicshippingnews.com/bimcos-dry-bulk-shipping-market-overview-outlook-slowing-chinese-economy-threatens-demand/The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, inched up on Thursday and recorded its strongest monthly performance since February. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, rose 8 points, or 0.4%, to 2,003 points. It was up over 34% for ...
https://www.hellenicshippingnews.com/baltic-index-registers-best-month-since-february/
https://www.hellenicshippingnews.com/baltic-index-registers-best-month-since-february/Ireland‑based tanker owner and operator Ardmore Shipping is growing its product tanker fleet with the acquisition of three modern MR vessels. The New York-listed firm revealed in its quarterly earnings report that it had agreed to acquire an unnamed trio of Korean-built units for nearly $104m. The acquisition involves two transactions: one 2020‑built scrubber‑fitted vessel …
https://splash247.com/ardmore-snaps-up-trio-of-modern-mr-tankers/
https://splash247.com/ardmore-snaps-up-trio-of-modern-mr-tankers/Fincanteri has delivered the multi-purpose frigate Emilio Bianchi to the Italian Navy, the tenth FREMM-class vessel to be completed under the European Multi-Mission Frigate program.The frigate was commissioned from Orizzonte Sistemi Navali under…
https://www.marinelink.com/news/fincantieri-delivers-multipurpose-frigate-528525
https://www.marinelink.com/news/fincantieri-delivers-multipurpose-frigate-528525As the global shipping industry accelerates toward decarbonization, Bernhard Schulte Shipmanagement (BSM) has unveiled its first methanol bunkering simulator at its Maritime Training Center in Kochi, India. Developed in partnership with Wärtsilä…
https://www.marinelink.com/news/bsm-launches-methanol-bunkering-simulator-528526
https://www.marinelink.com/news/bsm-launches-methanol-bunkering-simulator-528526“We estimate the dry bulk supply/demand balance to weaken in both 2025 and 2026, compared to 2024. Demand growth is expected to slow, impacted by a weaker economic outlook for China and the world and a shift in US trade policy,” says Filipe Gouveia…
https://www.marinelink.com/news/chinas-economy-slows-dry-bulk-shipping-528529
https://www.marinelink.com/news/chinas-economy-slows-dry-bulk-shipping-528529French subsea power cable maker and services provider Nexans has formed partnership with Crowley Wind Services to develop and operate a Jones Act compliant cable lay barge. The cable lay barge will be dedicated to supporting the installation…
https://www.marinelink.com/news/nexans-crowley-wind-services-build-cable-528540
https://www.marinelink.com/news/nexans-crowley-wind-services-build-cable-528540