Fresh momentum for Net-Zero Framework gains

How port call activity can reveal a changing trade route

A practical look at how analysts can use historical vessel activity as an early trade-flow signal – and where the limits of that signal begin.

• Port call activity reveals changes in trade routes.
• Analysts use port call data to identify shifting patterns.
• Ukraine's Black Sea ports show recovery in 2024.

1d ago ·hellenicshippingnews.com

APPEC: Tankers transit Hormuz in the dark as oil flows persist

Tankers transporting oil through the Strait of Hormuz are increasingly disabling automatic identification system signals, masking vessel identities and deploying anti-drone defenses, with flows…

1d ago ·hellenicshippingnews.com

GMS Week 37 – ROUTES TIGHTEN, BIDS RISE!

Last week the shooting returned to the Gulf. This week the risk spread west. Houthi forces captured Mocha and the strategically placed Mayun, or Perim, Island at Bab al-Mandab, putting fresh pressure…

• Houthi forces seize Mocha and Mayun Island, tightening Red Sea routes
• Brent oil surpasses $107 per barrel, WTI exceeds $103 amid heightened threat
• Baltic Dry Index at 3,521, indicating constrained dry freight market

1d ago ·hellenicshippingnews.com

Baltic dry bulk freight index falls to lowest in over a week

The Baltic Exchange’s dry bulk freight index dropped on Friday, reaching its lowest point since September 3 as weaker rates for capesize and panamax vessels pulled down the benchmark.

• Baltic dry bulk freight index hits lowest since September 3
• Capesize index declines 42 points, 0.7% weekly drop
• Iron ore prices down for third consecutive day

1d ago ·hellenicshippingnews.com

Tanker Market: Rates on the Rise During August

The tanker market rose during August, OPEC said in its latest monthly report. Dirty tanker spot freight rates were stronger in August, led by gains in VLCC rates.

1d ago ·hellenicshippingnews.com