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Baltic Exchange launches new intermediate tanker indices in response to growing trade in northwest Europe

Baltic Exchange has launched a new suite of indices covering four key short-range tanker routes in northwest Europe in order to create the definitive benchmark for the region’s tanker sector and bring greater transparency to the short-range tanker market. The new...
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Sofar Ocean Releases 2025 Wayfinder Savings Report, Details How Carriers Cut Fuel and Emissions Amid Historic Volatility

Sofar Ocean Releases 2025 Wayfinder Savings Report, Details How Carriers Cut Fuel and Emissions Amid Historic Volatility
Sofar Ocean today released its 2025 Wayfinder Savings Report, offering maritime shipping’s clearest, data-backed view of the link between ocean intelligence and operational performance. The report details how Sofar’s Wayfinder Platform, which provides dynamic voyage...
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Baltic Index At Six-Month Low As Capesize Segment Drags Rates Lower

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, fell for an eighth straight session on Wednesday and touched a six-month-low, hurt by weakness in the capesize segment. The main index, which tracks rates...
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‘Immediately sever all contact’: Israel withdraws from several UN agencies, reviews ties with other international bodies

‘Immediately sever all contact’: Israel withdraws from several UN agencies, reviews ties with other international bodies
Israel has announced that it will immediately sever all contact with several United Nations agencies and international organisations following an internal review triggered by the United States’ recent withdrawal from dozens of global bodies. Jerusalem said the...
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‘No one dictates what we do’: Cuba rejects Trump’s oil threat, blames US sanctions for economic hardship

‘No one dictates what we do’: Cuba rejects Trump’s oil threat, blames US sanctions for economic hardship
Cuban President Miguel Díaz-Canel has issued a sharp response to US President Donald Trump’s threat to cut off oil supplies to Cuba, asserting that the country is sovereign and will not yield to external pressure. In a post on X, Díaz-Canel said Cuba has faced US...
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