As part of its continuing support for the maritime industry and the wider market, Baltic Exchange has released a new resource for Forward Freight Agreements (FFAs) to demystify freight derivatives and explain the mechanics of both setting up and then trading FFAs. It...

Last week, the IMO concluded its 111th session of the Maritime Safety Committee (MSC 111), which saw delegations enter into discussions about future amendments to the ISPS Code. This was a result of a submission made by the US delegation on a need to strengthen the...

Ship transits via the Strait of Hormuz increased to 13 on May 26, including a Malaysian VLCC, S&P Global Commodities at Sea(opens in a new tab) said in a report this week. CAS data shows seven ships crossed the Strait of Hormuz inbound and six ships outbound,...