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Finance & Markets

NAPA on why wind-assisted ships need proof of savings, not just a contract

BIMCO recently adopted its Energy Saving Device Retrofit Addendum in Autumn 2026, giving owners and charterers a contractual framework to agree how the cost, time and fuel savings of a retrofit are shared during a time charter. For wind-assisted propulsion systems (WAPS), it targets the obstacle most often cited for slow uptake: the owner usually ...

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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Baltic Dry Index Rebounds

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, jumped by 4% to 2,694 points on Wednesday, halting a two-day losing streak, supported by the…

Only One Russian Diesel Tanker Still Appears Bound for the U.S.

Only One Tanker Still Appears Bound for the U.S. Despite General License 135 Only one of the three reported tankers that were sailing to the U.S.

  • Only one Russian diesel tanker expected to reach U.S. shores
  • TALISMAN and LERUO altered AIS destinations, AGIOI FANENDES' destination unclear
  • AGIOI FANENDES, Greece-owned, is not sanctioned and likely to discharge in U.S.

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