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The Baltic dry index decreased 0.2% to 3,083 on Monday, easing from a nine-week high reached on Friday. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, fell 0.5% to 5,105. On the other hand, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, increased 0.4% ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
Seasonal Variations and Forecasts The Amazon basin is characterized by distinct wet and dry seasons, with river levels typically declining between June and November.
The UK P&I Club has announced the appointment of Ms. Jeong-Sook Kim as Senior Underwriting Director, with initial responsibility for the Korean market. Based in the Clubs London office, Ms.
A growing share of equity leverage is riding on the same AI names, many of which have seen historic swings.
With reports suggesting a deal to reopen the Strait of Hormuz is “imminent,” macroeconomic firm Capital Economics laid out five factors to monitor in the weeks and months ahead.
Wirana Shipping has identified improving steel demand in India as an encouraging sign for the country’s ship recycling market, while slower demand and financing pressures continue to weigh on…
German steel protection specialist Steelpaint says the growing use of hydrojetting across the global ship repair sector is increasing demand for coating systems that can perform on prepared surfaces…