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The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, advanced for a fourth straight session on Tuesday, rising about 1% to its highest since September 14 at 3,432 points. The panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, increased by 1.9% to 2,299 ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
As Britain heads towards John Healey's first Budget, speculation is focused on how he intends to maintain budgetary safety net and possible new taxes.
Saudi Arabia’s export rerouting is pushing Gulf of Oman (GoO) ship-to-ship (STS) transfers toward capacity limits. To maintain flows, operations must pivot to longer-distance hubs like West Coast…
China’s steel sector has returned to focus following the recent call by the China Iron and Steel Association (CISA) for domestic pro Source: Intermodal
Five years after the launch of the Delivering on Seafarers’ Rights Code of Conduct, a growing number of shipping companies are demonstrating real change in seafarer welfare.
“Caribbean Basin have year-to-date increased by 234 million barrels year-on-year according to data from Signal Ocean. This is equal to an additional 880k barrels per day, and a 45% jump compared to…
A lack of available tonnage is pushing ship prices higher, with demand still growing. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding orders continued to flow this week.
