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Finance & Markets

Baltic Dry Index Falls for 3rd Session

The Baltic dry index fell 1.8% to 3445 on Monday, extending losses for the third session to its lowest level since September 2. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, declined 2.8% to 5912. Also, the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, ...

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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LNG Bunker Snapshot: ARA price soars as European gas supply risks mount

Weekly changes in LNG bunker prices: ARA up by $178/mt to $1,607/mt Singapore up by $48/mt to $1,537/mt Baltics up by $179/mt to $1,713/mt ARA Rotterdam’s LNG bunker price has surged, tracking a sharp…

  • ARA LNG price surges to $1,607 per mt due to European supply risks
  • US-Iran tensions and Hormuz Strait disruptions drive price increase
  • Dutch TTF contract rises 13% to $28.50 per MMBtu, amplifying LNG costs

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