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Today, Wednesday, April 1 2026, the Baltic Dry Index climbed 35 points, reaching 2030 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 hit ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2030-up-35-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2030-up-35-points/Brazil’s Belov Engenharia has signed eight contracts with Petrobras to charter four diving support vessels (DSVs) and provide shallow-diving and ROV operations. According to the company, the contracts will begin between the second half of 2026 and the second half of 2027. The contracts are worth 2.7bn reais ($521.3m) and will be executed over four …
https://splash247.com/belov-engenharia-lands-521m-in-dsv-contracts-with-petrobras/
https://splash247.com/belov-engenharia-lands-521m-in-dsv-contracts-with-petrobras/A US federal Endangered Species Committee has unanimously voted to exempt all Gulf of Mexico oil and gas activities from the Endangered Species Act (ESA) protections, following a Pentagon request tied to national security. The rare 20-minute closed-door meeting, the fourth since the committee’s inception in 1978, included six Trump appointees led by Interior secretary …
https://splash247.com/trumps-god-squad-waives-endangered-species-rules-for-gulf-of-mexico-drilling/
https://splash247.com/trumps-god-squad-waives-endangered-species-rules-for-gulf-of-mexico-drilling/Dave Lee, executive director at e1 Marine, writes for Splash today. Hydrogen has become one of shipping’s most debated fuels, yet much of that debate remains focused on deep-sea vessels and long-term timelines. Viewed through that lens, hydrogen still appears distant, constrained by cost, storage complexity, and limited infrastructure. But that framing overlooks where hydrogen …
https://splash247.com/the-rise-of-hydrogen-in-short-sea-shipping/
https://splash247.com/the-rise-of-hydrogen-in-short-sea-shipping/The United States holds less than 1% of global commercial shipbuilding market share and ranks on a par with Vietnam in a rigorous ten-criteria assessment of shipbuilding competitiveness – a sobering verdict from broker BRS Group that exposes the enormous structural gap between Washington’s maritime ambitions and industrial reality. In its shipping markets annual review …
https://splash247.com/brs-exposes-the-scale-of-the-challenge-facing-trumps-maritime-ambitions/
https://splash247.com/brs-exposes-the-scale-of-the-challenge-facing-trumps-maritime-ambitions/Singapore has launched a practical compendium of red flag indicators to help the maritime supply chain identify and respond to illegal wildlife trafficking in containerised sea cargo, in a targeted initiative that builds on global guidance while reflecting the city-state’s unique position as one of the world’s busiest transhipment hubs. Developed by Singapore’s National Parks …
German asset manager MPC Capital and Wilhelmsen Ship Management have joined forces to launch a new standalone provider focused on onboard vessel IT. The joint venture called Waterway IT goes live on April 1, bringing together the IT operations of both partners under a single global platform. Waterway IT starts out with around 400 vessels …
https://splash247.com/mpc-capital-and-wilhelmsen-launch-vessel-it-venture/
https://splash247.com/mpc-capital-and-wilhelmsen-launch-vessel-it-venture/Iran’s effective closure of the Strait of Hormuz is accelerating a significant and potentially durable return to coal across global energy markets, with countries from Japan and South Korea to Germany and the Philippines rapidly reversing phase-out commitments and lifting generation caps to compensate for disrupted LNG supplies. Crucially, as the Institute for Energy Economics …
https://splash247.com/hormuz-closure-drives-global-coal-comeback/
https://splash247.com/hormuz-closure-drives-global-coal-comeback/The Port of New Orleans (Port NOLA), Ports America, and Mediterranean Shipping Co’s Terminal Investment Limited (TiL), have incorporated Louisiana International Terminal Holdings, a joint venture to run a new container facility in St Bernard Parish. “We are at a defining moment for the future of Louisiana’s role in international commerce,” said Beth Branch, president …
https://splash247.com/partners-link-up-for-louisiana-terminal-development/
https://splash247.com/partners-link-up-for-louisiana-terminal-development/Russ Hubbard has a clear-eyed view of where maritime technology stands – and where it falls short. As chief commercial officer of Veson Nautical, one of shipping’s most established commercial management platforms, he watches the industry’s relationship with technology closely. His verdict on the AI moment? Promising, but dangerously prone to the wrong shortcuts. “Maritime …
https://splash247.com/geneva-dry-dialogues-veson-nautical-2/
https://splash247.com/geneva-dry-dialogues-veson-nautical-2/