MSC partially resumes Suez Canal transits

Swiss shipping major MSC has begun partially restoring Suez Canal transits on a limited number of East–West routes, following a review of security and operational conditions in the Red Sea region. The revised plan covers the Asia–Mediterranean, Asia–North Europe and...
Read More

Baltic Dry Index Hits Near 3-Month Peak

The Baltic Exchange’s dry bulk sea freight index rose 2.1% to 3,107 on Thursday, marking a sixth consecutive session of gains and reaching its highest level since June 3. The index tracks rates for capesize, panamax and supramax vessels. The capesize index, which...
Read More