Baltic Dry Index Rises Further to Near 1-Week High

Baltic Dry Index Rises Further to Near 1-Week High
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a second session on Tuesday, rising about 1.9% to a near one-week high of 2,593 points. The main support came from the bigger-size segment. The...
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Shipping: More Newbuilding Contracting This Week

Shipping: More Newbuilding Contracting This Week
Anumber of newbuilding orders were reported over the past week. In its latest weekly report, shipbroker Banchero Costa commented that “newbuilding activity this week was broad-based, with significant contracting across the container, tanker, bulk carrier and gas...
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Shipping: The El Niño Effect

Shipping: The El Niño Effect
The El Niño impact on shipping is one to consider, when considering potential 2027 freight disruptions. In its latest weekly report, shipbroker Intermodal said that “with El Niño now established and forecasters pointing to a strong event, the question for shipping is...
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