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Finance & Markets

Baltic Dry Index Snaps 4-Day Winning Run

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, snapped its four-day winning streak on Friday, falling by 1.2% to 2,660 points. The panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, dropped roughly 2% to a fresh low since August 24 at 2,109 ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

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The Week in Alt Fuels: The methanol bunker footprint

Methanol bunkering has spread across Europe, Asia and parts of North America, with more ports, physical suppliers and bunker vessels coming into the picture.

  • Methanol bunkering expands in Europe, Asia, North America.
  • Ports like ARA region, Shanghai, and Busan establish methanol bunkering.
  • Suppliers like Repsol and China Marine Bunker provide methanol deliveries.

Seafarers face widening competency gap as digital shipping accelerates, recent research finds

Eighty two per cent of maritime professionals surveyed say current training does not adequately prepare crews for the realities of modern, digitally-enabled vessel operations.

  • Only 18% of maritime professionals believe training keeps pace with modern vessel demands
  • Seafarers feel unprepared for complex digital environments onboard vessels
  • Industry experts call for shift from compliance-based to practical, real-world training

More from Friday 23 October →