The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a fifth consecutive session on Thursday, rising by 1% to its highest since March 5 at 2,161 points, driven by gains across all vessel segments. The...

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Even if the current war in the Middle East is resolved peacefully in the coming weeks, shipping in the region will probably still have to face a new reality. In its latest weekly report, shipbroker Intermodal said that “for most of the past decade, the Gulf states...

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“By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes (CGT). This is equivalent to 17% of the global fleet, the highest ratio since 2011. The order book has been boosted by higher...

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CNY has outperformed most currencies vis-a-vis the dollar this year The Chinese yuan has tended to fall in the middle of the pack in terms of its performance versus the US dollar in the past few years, as the currency stability objective of the People’s Bank of China...

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Grieg Maritime Group has signed a contract with GT Wings to install at least two of their AirWing™20 on their fleet. Energy efficiency will be crucial for both climate action and commercial success going forward. Waiting for new fuels and new ships will not be enough...

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