The Baltic Exchange’s dry bulk freight index increased on Friday for the second day in a row, driven by stronger capesize rates, though the index recorded an 8.1% decline for the week. The main Baltic index, which measures rates for capesize, panamax and supramax vessels, added 8 points, or 0.3%, to reach 3,148 points. The ...
The Xeneta Weekly Ocean Container Shipping Market Update provides data and intelligence including the latest freight rate and capacity movements across global trades with supporting insight from Peter…
The Gulf supplied another reminder this week that improved cargo flows do not equal normal shipping conditions. Several tankers were reportedly struck by unknown projectiles while transiting the…
US restrictions on diesel exports would upend Atlantic Basin clean tanker demand at a moment when the global middle-distillate market is reeling from simultaneous supply shocks in Russia and the…
Brazilian President Luiz Inacio Lula da Silva named China as a possible partner in his critical minerals plans, three days before Sunday’s closely fought election.