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Iron ore futures prices traded little changed on Friday but were set for weekly losses, as expectations of more stimulus from top consumer China for the struggling property sector faded, dimming demand prospects for the steelmaking ingredient. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.19% lower at ...
https://www.hellenicshippingnews.com/iron-ore-heads-for-weekly-loss-as-hopes-fade-for-china-stimulus/The global coal market is on the cusp of an extraordinary shift, preparing for what the International Energy Agency (IEA) in its Coal Mid-Year Update 2025 describes as “an unprecedented occurrence in this century”: a second consecutive year of decline in trade. For 2026, the IEA forecasts a continued reduction in China’s import demand, which ...
https://www.hellenicshippingnews.com/beyond-peak-coal-trade/
https://www.hellenicshippingnews.com/beyond-peak-coal-trade/The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged higher on Friday but logged its worst week since early-June, weighed down by lower rates across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, rose 15 points, or 0.75%, to ...
https://www.hellenicshippingnews.com/baltic-index-records-worst-week-in-more-than-a-month/
https://www.hellenicshippingnews.com/baltic-index-records-worst-week-in-more-than-a-month/Triton, a European mid-market investment company, has completed the acquisition of MacGregor from previous owner Hiab, formerly Cargotec.The transaction between Triton and Hiab, first announced in November 2024, was closed on July 31, 2025.MacGregor…
https://www.marinelink.com/news/triton-completes-macgregor-acquisition-528583
https://www.marinelink.com/news/triton-completes-macgregor-acquisition-528583General Dynamics Bath Iron Works, a business unit of General Dynamics (NYSE:GD), said that the U.S. Navy has exercised an option to add an additional DDG 51 destroyer to the multi-year contract awarded in 2023.Bath Iron Works currently has under…
https://www.marinelink.com/news/bath-iron-works-wins-ddg-destroyer-528584
https://www.marinelink.com/news/bath-iron-works-wins-ddg-destroyer-528584The orders for the new alternative-fueled vessels have continued to grow in July 2025, in line with the steady pace of activity seen in the first half of the year, according to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform.A…
https://www.marinelink.com/news/alternativefueled-vessel-orders-continue-528585
https://www.marinelink.com/news/alternativefueled-vessel-orders-continue-528585Norwegian offshore supply vessel owner DOF Group has secured a contract with Petrobras for two of its anchor handling tug supply (AHTS) vessels.The two contracts, with a combined value of more than $220 million, are for Skandi Fluminense, a 2007 Brazilian-built AHTS vessel with 211t bollard pull…
https://www.marinelink.com/news/dof-scoops-m-ahts-vessel-contracts-528592
https://www.marinelink.com/news/dof-scoops-m-ahts-vessel-contracts-528592The board of directors of MacGregor Group AB has appointed Jonas Gustavsson Chief Executive Officer of MacGregor as of August 1, 2025. He succeeds Leif Byström, who is retiring.Jonas Gustavsson joined MacGregor in March 2025 as Deputy President.
https://www.marinelink.com/news/macgregor-appoints-new-ceo-528596
https://www.marinelink.com/news/macgregor-appoints-new-ceo-528596Fugro’s results in the first half year were significantly impacted by geopolitical and economic uncertainties. For the second half of 2025, the company expects a strong recovery resulting in a full-year EBIT margin of 8-11%, underpinned by revenue…
https://www.marinelink.com/news/fugro-h-impacted-weak-markets-recovery-528598
https://www.marinelink.com/news/fugro-h-impacted-weak-markets-recovery-528598Indian importers have bought a record 150,000 metric tons of soyoil from China in rare purchases, as a supply glut prompted Chinese crushers to sell at a discount to India’s traditional suppliers from South America, four trade sources said. The exports to India will help Chinese crushers cut inventories that surged after the country’s soybean ...
https://www.hellenicshippingnews.com/india-buys-record-soyoil-from-china-in-rare-move-sources-say/
https://www.hellenicshippingnews.com/india-buys-record-soyoil-from-china-in-rare-move-sources-say/