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Finance & Markets

Baltic Dry Index Snaps 7-Day Winning Streak

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, fell about 0.9% to 3,157 points on Tuesday, halting a streak of seven straight sessions of advances. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also snapped a seven-day winning run, dropping by 2.1% ...

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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MABUX: Bunker Prices Expect to Be Volatile During September

The global bunker market in August was shaped primarily by Middle East geopolitical developments, crude oil volatility, tight distillate and low-sulphur fuel supply, and regional imbalances in bunker…

  • Bunker prices expected to be volatile in September
  • Middle Eastern geopolitical developments driving volatility
  • Tight distillate supply supports MGO LS prices

More from Tuesday 1 September →