Baltic Dry Index Rises to 1-Week High

The Baltic dry index increased 0.7% to 2,743 on Friday, its highest level since July 17. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, rose 2.1% to 4,285, its highest level since July 16. On the other hand, the...
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Tanker Market: Saudi Oil Exports Down Significantly

Saudi Arabia crude oil exports declined strongly during the first half of 2026, as the Middle East war has taken its toll. In its latest weekly report, shipbroker Banchero Costa said that “after a marginal decline in 2024, when global crude oil loadings decreased by...
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