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The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a second session on Thursday, rising by 2.3% to its highest since October 13 at 2,712 points. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, also advanced for a second day, ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
The container charter market once more continued to edge more sideways than higher, with the New ConTex gaining 8 points to 1,682, up 0.5% Source: Verband Hamburger und Bremer Schiffsmakler e.V
VLCC rates from the US Gulf and West Africa have fallen from historical peaks by 27% and 32% respectively over the past two weeks, with smaller tankers following.
The Environment Committee of the European Parliament votes on 4 November on a motion for resolution objecting to the Commission’s proposal to add two Indian ship recycling yards to the European List…
With an effective majority of 167 in the Commons Andy Burnham's government ought to be decisive. Instead, John Healey's Budget was timid.
China’s property slump has turned Asia’s cement trade inside out. The cargo has not grown much, but it now travels much further, and Supramaxes are doing most of the extra work.
“Geopolitical disruptions continue to cloud the dry bulk market outlook. The effective closure of the Strait of Hormuz remains the largest source of uncertainty, while attacks on ships and port…
