Baltic Dry Index Extends Rally Into 7th Day

The Baltic Exchange’s dry bulk freight index rose 2.5% to 3,186 on Friday, extending its winning streak to seven sessions and reaching its highest level since June 2. The index measures freight rates for vessels carrying dry bulk commodities across the Capesize,...
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The Week in Alt Fuels: Bankrolling the switch

Public support for green shipping is spreading across major regions. But governments are taking noticeably different routes to get low- and zero-emission fuels and vessels into commercial use. Several European nations are building out different links of the supply...
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GMS Week 35 – Sanctions Loom, Hulls

GMS Week 35 – Sanctions Loom, Hulls
The sanctions package hanging over last week’s market has now landed. Washington broadened its economic campaign against Iran this week, extending the reach of secondary sanctions and placing shipping firmly within the latest measures. For a recycling market already...
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Briety Shipping Inc v Trafigura Maritime Logistics Pte Ltd

In Briety Shipping Inc v Trafigura Maritime Logistics Pte Ltd [2026] EWHC 1714 (Comm), the High Court held that a bespoke hire rate formula for an LNG time charterparty did not entitle the owner to additional hire when the relative value of the reference indices...
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