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Bidding Announcement of 74492.2t Bulk Carrier “ZJ2026-0098”
Latest Maritime News
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Bidding Announcement of 74492.2t Bulk Carrier “ZJ2026-0098”
29 Sep, 2026
Entrusted by the transferor (the Sellers), our company (the “Bidding Company”) is scheduled to hold an online public bidding (the “Bidding”) on the Shipbid website (www.shipbid.net) from 15:00 to 15:30 (Beijing Time) on October 27th, 2026 (the “Bidding Day”), which is hereby announced as follows: 1. Bidding Target: Vessel Name: ZJ2026-0098; Type of vessel: Domestic-International ...
Steel demand softens as iron ore flows face growing headwinds
28 Sep, 2026
Iron ore market fundamentals continued to soften as subdued Chinese steel demand kept pressure on inventories and reduced the need for additional seaborne supply. While Simandou is emerging as an increasingly important source of high-grade iron ore, stronger Guinea exports are unlikely to fully offset weaker Brazilian flows. At the same time, the EU’s new ...
Mintra’s Mentor AI named finalist in Crew Connect Innovation and Technology Award
29 Sep, 2026
Mintra’s Mentor AI has been named a finalist in the Innovation and Technology category of the Crew Connect Global Awards 2026, recognising its use of governed AI to give seafarers trusted operational information at the point of need. Launched in December 2025, Mentor AI addresses a longstanding gap between completing formal training and applying that ...
Ship-to-Ship Relays Are Moving Cargo Across the Strait of Hormuz in Two Stages
29 Sep, 2026
One Tanker Met Fifteen Counterparts in Ninety Days Between May 27 and August 27, 2026, Windward tracked a Barbados-flagged product tanker of roughly 40,000 deadweight tonnes across two anchorage clusters at opposite ends of the Strait of Hormuz. Inside the Gulf, it worked the Basrah and Kuwait anchorages. Outside, it worked Fujairah and Shinas. Across ...
Baltic dry bulk freight index drops to near four-week low
29 Sep, 2026
The Baltic Exchange’s dry bulk freight index fell to its lowest level in nearly four weeks on Monday as rates declined across larger vessel categories. The main Baltic index, which monitors rates for capesize, panamax and supramax vessels, dropped 158 points, or 4.61%, to 3,268 points. This marked its lowest point since September 1. The ...
Tanker stealth transits lift Hormuz oil flow to 60% and steady prices
29 Sep, 2026
As Iran’s blockade of the Strait of Hormuz continues, more tankers are crossing the strait with their automatic identification system (AIS) turned off, helping crude supplies recover and international oil prices remain relatively stable. According to European commodities analytics firm Kpler on the 28th, the volume of crude that passed through the Strait of Hormuz ...
LNG shipping stocks: Back to support
29 Sep, 2026
Summary The UP World LNG Shipping Index fell 6.39 points (2.67%) in Week 39-2026 to close at 232.88, sliding back toward its August support. Breadth was sharply negative — just 3 of 21 constituents rose against 18 decliners, with a median move of −2.17% — though the weighted index held up better (wUPI −1.39%) and ...
Methanol-capable tanker to double as bunker vessel in Japan
29 Sep, 2026
Japanese shipping firm Kokuka Sangyo has taken delivery of its first methanol-capable vessel, which will also serve as a methanol bunker tanker in Japan. The vessel’s inaugural bunkering was completed at Kinoe Port in Japan’s Hiroshima Prefecture on 24 September. The 1,200-dwt chemical tanker, Kokuryu Maru, was bunkered with mass-balanced bio-methanol during the operation. The ...
Baltic Dry Index Down to Near 1-Month Low
28 Sep, 2026
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was down for a second session on Monday, dropping about 4.6% to its lowest since September 1 at 3,268 points. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, slipped by 7.5% to 5,351 points, ...
Could the Central African Republic – Kribi iron ore corridor become the next major source of Capesize demand?
28 Sep, 2026
A&S Resources, which is developing iron ore and other mineral assets in the Central African Republic, has announced plans to develop a railway line linking its deposits with Cameroon’s Kribi port. The proposed corridor could support more than 90 million tonnes of annual iron ore exports and emerge as a significant new source of dry ...
Carbon Costs Put Marine Engine Performance Under Scrutiny
28 Sep, 2026
With bunker prices having increased by 76% since the US war on Iran, together with an ageing fleet operating longer voyages as ships navigate around conflict zones, shipmanagers and crews need to look more closely at their engines if they want to reduce costs, advises engine monitoring specialist CM Technologies (CMT). CMT believes the combined ...
CISA publishes its first Wärtsilä advisory after Cydome finds critical flaw in Wärtsilä’s FOS software
28 Sep, 2026
Cydome’s maritime cyber research team has identified critical vulnerabilities in Wärtsilä FOS-Onboard version 5.07.0923.01. Wärtsilä’s Fleet Optimisation Solution (FOS) is a voyage and fleet operations software that Wärtsilä says is used on thousands of ships. CISA published the advisory as ICSA-26-258-XX covering CVE-2026-78225 and CVE-2026-81855, rated as critical vulnerabilities (CVSS v4 scores of 9.5 and ...
Brazil’s IMO proposal for ISWG-GHG 22: how compliance, surplus trading, and the facility could work
28 Sep, 2026
The negotiations around the IMO Net-Zero Framework have moved into an interesting phase. Following the decision not to adopt the draft amendments to MARPOL Annex VI in October 2025, IMO Member States have spent much of 2026 considering how the framework could be adjusted without reopening the entire package negotiated at MEPC 83. Brazil’s contribution ...
