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Finance & Markets

Baltic Dry Index Rises for 4th Day

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a fourth consecutive session on Tuesday, rising about 1.5% to a fresh high since August 12 at 2,926 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also increased for a fourth ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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Iran’s blockade trilemma: endure, escalate or negotiate

Key takeaways • The renewed US blockade is making the status quo progressively more expensive for Tehran. Pressure now extends from crude and petrochemical export revenues to production shut-ins…

  • Iran faces a trilemma: endure, escalate, or negotiate
  • Escalation may become more attractive as blockade continues
  • Negotiations offer clearest economic exit but are politically hard

More from Tuesday 25 August →