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Finance & Markets

Baltic Dry Index Advances for 7th Day

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a seventh straight session on Thursday, rising by 2.1% to its highest since October 5 at 3,020 points. Gains were broad-based across vessel segments, particularly the larger one. The capesize index, which typically transports 150,000-ton cargoes, ...

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

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US ethanol readily available to fuel the world’s methanol-capable fleet

Ethanol can use the dual-fuel engines and bunkering infrastructure built for methanol with limited modification. That gives shipowners a readily available fuel for a growing fleet at a time when…

  • US ethanol readily fuels methanol-capable fleet with minimal modifications
  • US ethanol production capacity exceeds demand by 2 billion gallons
  • Ethanol bunkering transitions from trials to commercial operation

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