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The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was down for a fifth straight session on Wednesday, falling about 1% to its lowest since September 1 at 3,327 points. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, declined by 1.3% to 5,612 ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
Ship fuel sales at the Port of Fujairah on the eastern coast of the UAE in August fell 2.7% from July, when sales had their first increase since the US/Israel war with Iran began in February…
VLCC rates for a Fujairah/East run are now 3/4 on the way to WS 1000! Arguably charterers and trades alike also have themselves to Source: Fearnleys A.S
Northwest Europe Prompt fuel availability in the ARA is tight, and buyers have been advised to allow 5-7 days to get good coverage from suppliers, a trader told ENGINE.
Underwriting Is a Pricing Decision Made on Incomplete Data Underwriters carry the pricing decision at two moments in the coverage process.
The ship recycling market has remained trending higher, as has been the case over the past few weeks. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said…
NZD/USD has dropped in six straight sessions. The run started near 0.5900 on September 8, went through both long-run averages near 0.5850 early in the run, and the last three sessions have been the…
