The Baltic Exchange’s main sea freight index firmed on Wednesday as a jump in rates for the panamax segment offset declines in larger capesizes. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was up 19 points, or about...

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India is exploring new routes of cargo shipment to its North-Eastern States using Bangladesh’s ports as trans-shipment hubs. Attempts are being made to bring in Bangladeshi cargo into Indian ports – particularly Kolkata – and then shipped out to export markets from...

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Ukraine’s decision to allow its seafarers to leave the country despite wartime restrictions will free up vital manpower for both Ukrainian grain exports and the wider global shipping industry, industry figures told Reuters. The move, officially confirmed...

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The European Union’s food watchdog called for better shipping conditions for live animals such as cattle and pigs as pressure mounts to ban controversial cross-border trade. About $22 billion of live animals are exported each year globally, and the EU is the biggest...

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A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse. Carriers that focused on quoting spot rates are seeing their revenue fall, while those that preferred to negotiate long-term contracts are maintaining their...

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