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The Baltic Exchange’s dry bulk freight index dropped to its lowest point in six weeks on Tuesday, pulled down by declining capesize rates. The main Baltic index, which monitors rates for capesize, panamax and supramax vessels, fell 68 points, or 2.2%, to 3,002 points. This marks the index’s weakest level since August 25. The capesize ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
Clarksons Research, the data and intelligence arm of the Clarksons Group, have reported an all-time high for their cross-market “barometer” of shipping rates, the ClarkSea Index.
El Niño shifts the balance for South American crops El Niño is firmly established, with Oceanic Niño Index (ONI) levels above 2, and Kpler expects it to last at least until February.
More than half of US LNG cargoes delivered in September landed in Europe, keeping the region the primary destination for American supply as buyers worked to rebuild gas inventories ahead of winter, an…
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