• 2017 February 7 09:17

    Baltic Dry Index down to 735 points

    On February 6, 2016, the Baltic Dry Index fell to 735 points, down 17 points (-2.26%) against the level of February 3.

    BDI is a number issued daily by the London-based Baltic Exchange. Not restricted to Baltic Sea countries, the index provides "an assessment of the price of moving the major raw materials by sea. Taking in 23 shipping routes measured on a timecharter basis, the index covers Handysize, Supramax, Panamax, and Capesize dry bulk carriers carrying a range of commodities including coal, iron ore and grain. Because dry bulk primarily consists of materials that function as raw material inputs to the production of intermediate or finished goods, the index is also seen as an efficient economic indicator of future economic growth and production. 


2024 October 7

18:00 Eastern Shipbuilding commences steel cutting for the vehicle passenger ferry Falcon
17:34 Jumbo installs wind assisted propulsion to Jumbo Jubilee
17:13 BIMCO and the International Chamber of Shipping issue guide to help maritime industry reduce underwater noise
16:40 Maersk expects IMO to approve global CO2 levy in 2025 - Bloomberg
16:24 IMO adopts key amendments to MARPOL Annex VI, designating the Canadian Arctic and the Norwegian Sea as Emission Control Areas
15:37 New Zealand navy ship sinks off Samoa, fuel spill ‘highly probable’
14:53 TotalEnergies joins RWE in two offshore wind projects
14:29 Daehan Shipbuilding secures key certifications for eco-friendly ship technology
13:58 Russia to test hydrogen-powered vessel in October
13:24 Wan Hai Lines begins biofuel operations
12:59 Damen delivers rocket landing platform to Blue Origin
11:42 The European Commission approves plans by MSC to buy almost half of Hamburg's largest port operator
11:24 Jawaharlal Nehru Port container traffic up 16.49 pc in Sep 2024
10:58 Worley signs agreement with Liquid Wind to provide design and engineering services for development of methanol plant in Sweden
10:29 NYK and NYK Cruises conduct crisis-response drill on Asuka II
09:58 Eni joins the Coalition for LNG Emission Abatement toward Net zero

2024 October 6

16:29 South Korean shipbuilders land KRW 2 trillion in orders in a single day
15:19 IMO MEPC 82 designates two new PSSAs
14:23 Meyer Turku floats out second Icon, Star of the Seas
13:08 Navios Maritime Partners to bolster fleet with new methanol-ready scrubber-fitted boxships
12:37 Bandar Port to be completed by end of 2025: Chandrababu Naidu
11:13 Bollinger Shipyards secures contract from US Navy to build 7th berthing barge (APL 73) 
10:24 DNV and KR grants HD Hyundai Heavy Industries AIP for 2,300-ton submarine
09:04 HTM orders four 'ultra-spec' chemical tankers at Jiangmen Hangtong Shipyard

2024 October 5

16:37 Six tugs named in Port of Leith ceremony this week
15:24 Engine: Europe & Africa market update 4 Oct 2024
13:19 Eni secures UK Gov't funding for Liverpool Bay CO2 T&S project, a significant milestone in the development of the HyNet CCS project
11:02 Tallink Grupp transported 404 143 passengers in Sept 2024, a 0.7% increase YoY
09:54 Flex LNG says it finalized $430 million in new financings

2024 October 4

18:00 Solstad Offshore introduces renewable biodiesel
17:25 ABS launches lndustry’s first comprehensive rules for floating nuclear power at joint forum with Idaho National Laboratory
16:57 EU set to vote on tariffs targeting electric vehicles from China
16:25 Libya’s National Oil Corporation resumes oil production and exports
15:43 CMA CGM container ship hits dock in Barranquilla, Colombia
15:13 MOL to merge three group subsidiaries responsible for maritime technology and engineering
14:43 Port of Salalah receives new hybrid cranes
14:13 STF Shipping starts operations in the East Asia-Russian Far East shipping sector
13:24 GasLog welcomes Marvel Phoenix to its fleet
12:50 New direct RoRo service will connect the Port of Gothenburg with key ports in Asia
12:20 “K” Line and EGS Survey establish a joint venture company to service the offshore marine geo-survey sector
11:40 Damen holds joint steel cutting and keel laying ceremony for Portuguese Navy’s Multi-Purpose Ship
11:20 E-Fuels projected to be available for next Zero Emission Maritime Buyers Alliance tender
10:40 Vattenfall charters Van Oord’s offshore installation vessel MPI Resolution for O&M activities
10:07 Global shipowners order 193 vessels capable of running on LNG or methanol in Q3 2024
09:27 Pertamina and NYK to team on LNG shipping
09:21 US longshore workers union agrees to suspend strike

2024 October 3

18:00 APM Terminals extends concession for ACT in Jordan
17:31 Shipments to resume as Montreal port strike wraps up as scheduled
17:11 Typhoon Kraton suspends bunker deliveries at Taiwan ports
16:45 Green methanol ships market worth $30.98 billion in 2035 - MarketsandMarkets
16:25 QatarEnergy LNG awards McDermott EPCI contract for the North Field South Offshore Pipelines and Cables Project
15:44 COSCO SHIPPING, Abu Dhabi Ports and Yangpu Port form a sister port relationship
15:24 GTT secures the first application of its 1 barg tank design pressure on a series of LNG-powered container vessels
14:42 ABS issues approval to leading Japanese companies for LCO\2\ carrier designs
14:18 Fincantieri delivers the fourth PPA “Giovanni delle Bande Nere” in Muggiano
13:41 Jan De Nul completes the main construction work for the Oosterweel bridge pier tunnel elements at the large construction dock in Zeebrugge
13:25 Alexandria Container and Cargo Handling Company’s net profits rise 43.2% in FY2023/24
12:47 HD Korea Shipbuilding wins combined 881.4 bln won in orders to build 5 ships
12:13 Adani Ports reports 7% growth in cargo volumes
11:40 Samsung Heavy wins 678 bln-won LNG ship order
11:05 Kalmar supports Grimaldi’s RoRo operations with rapid delivery of heavy terminal tractors
10:43 Erik Thun adds new multipurpose plug-in hybrid dry cargo vessel MV Lidan to its fleet
10:23 Imodco receives AiP from ABS for jetty-less terminals technology for ammonia and CO2
09:59 NYK signs contract with Maehata Shipbuilding to construct eco-friendly restaurant ship with hybrid propulsion by 2027

2024 October 2

18:00 MET Group reaches partnership agreement with Celsius to build first MET LNG vessel
17:31 Axess Technologies wins HV cable installation contract with HSM Offshore Energy for Thor offshore wind farm
17:19 Uni-Tankers achieves a 37.6% reduction in carbon intensity compared to 2008
16:37 Adnoc-backed VTTI plans to invest in LNG import terminals in Asia
16:23 Panama takes action against vessels evading sanctions
15:46 Global container ship fleet hits 30 million TEU mark