The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, fell about 1.3% to 3,426 points on Friday, following a 1.2% rise in the prior session, pressured by the bigger-size segment. The capesize index, which typically...

Read More

The transition to zero-emission short-sea shipping has reached a pivotal milestone as the EU-funded HyShip project welcomes the SeaShuttle container vessels as its new real-world demonstrators. Supported by the Clean Hydrogen Partnership, the project is tackling one...

Read More

Last week, constrained passage through Hormuz was the story. This week, the cost of moving through it has become the louder one. Tanker availability has tightened dramatically as Gulf flows, security concerns and disrupted alternatives compete for the same ships, with...

Read More

“For the high-flying spot rates from Far East to US East and West Coasts, we may just begin to see the end of that rising trend as we get into the first half of October. When comparing today’s spot rates to the level experienced on 1 July – shippers are paying on...

Read More