Baltic dry bulk freight index hits six-week low

Baltic dry bulk freight index hits six-week low
The Baltic Exchange’s dry bulk freight index dropped to its lowest point in six weeks on Tuesday, pulled down by declining capesize rates. The main Baltic index, which monitors rates for capesize, panamax and supramax vessels, fell 68 points, or 2.2%, to 3,002 points....
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Second Greek-linked ship hit in Hormuz within days

Second Greek-linked ship hit in Hormuz within days
A Greek-flagged LNG carrier controlled by the Angelicoussis Shipping Group was struck by an unidentified projectile while leaving the Strait of Hormuz, in the latest incident to hit commercial shipping along one of the world’s most important energy routes. The Maran...
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