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Baltic Dry Index Hits Near 3-Month Peak

The Baltic Exchange’s dry bulk sea freight index rose 2.1% to 3,107 on Thursday, marking a sixth consecutive session of gains and reaching its highest level since June 3. The index tracks rates for capesize, panamax and supramax vessels. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also increased for ...

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CMB.TECH Expects Continued Strength In Seaborne Iron Ore Trade

CMB.TECH NV reported its unaudited financial results today for the second quarter ended 30 June 2026. HIGHLIGHTS Financial highlights: • Profit for the period of USD 364.4 million in Q2 2026.

  • CMB.TECH expects continued growth in maritime iron ore trade market.
  • Q2 2026 profit of USD 364.4 million and EBITDA of USD 552.8 million.
  • Company anticipates gains from sale of VLCC Ilma, Ingrid, Suezmax Sienna, and Bristol.

Jinhui Shipping Returns to Profits During the First Half

The Board of Jinhui Shipping and Transportation Limited (the “Company”) is pleased to announce the unaudited condensed consolidated results of the Company and its subsidiaries (the “Group”) for the…

  • Jinhui Shipping returned to profitability in H1 2026
  • Revenue fell 13% to US$69,252,000
  • Net profit increased to US$9,593,000

GCMD outlines practical approach to quantity assurance in marine biofuel supply chains

The Global Centre for Maritime Decarbonisation (GCMD) today released its report, Quantity assurance in marine biofuel supply chains, outlining a practical approach to help shipowners verify that they…

  • GCMD publishes report on quantity assurance in marine biofuel supply chains
  • Mass flow meters preferred for custody transfer of fuel
  • Viscosity of blended fuel must be evaluated under actual transfer conditions

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