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The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, advanced for a fifth straight session on Tuesday, up 0.3% to a fresh high since October 9 at 2,862 points. The panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, rose by 1.9% to its ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
Freight rates to Europe have rebounded since early October after falling steadily from their July peak, but the conditions behind the rebound are mixed.
The Democratic Party’s victory in the US midterm elections, securing control of both chambers of Congress from January 2027, is expected Source: Intermodal
Global marine biodiesel demand will rise from just under 1 billion litres/year (around 890,000 mt/year) in 2025 to nearly 2 billion litres/year (around 1.78 million mt/year) by 2031, the International…
The TD3C/TD22 earnings ratio rose from 2.73 on 30 October to 3.10 on 6 November, as US Gulf–China VLCC earnings fell 16.2% to around $415,000/day, against a 4.8% decline on Middle East Gulf–China to…
Russian crude exports on G7 tankers fell sharply in October as Greek operators were enticed by strong earnings elsewhere and steered away from Black Sea conflicts, according to S&P Global Commodities…
Key PointsCrescent Capital authorized a $50 million share repurchase program.