The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Friday to mark a monthly gain on the back of higher rates in capesize vessels. The overall index, which factors in rates for capesize, panamax and...

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demand for marine fuel, while bunker premiums remained under pressure, trade sources said. The cargo premium for VLSFO had rebounded this week, buoyed by stronger bids by a couple of market participants, though the market was still fundamentally soft. Bunker premiums...

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ClassNK has granted its first software security certifications to ship management solution ‘MACK’, developed by SVM Solutions and Technologies Pte. Ltd. (Solverminds). ClassNK has summarized its basic approach to ensuring onboard cyber security for ships in the...

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When it comes to regulations that protect the marine environment, things are only heading in one direction: towards more stringent restrictions on how the shipping industry operates. The International Maritime Organisation’s MARPOL convention now spans a host of...

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The Management Highlights report provides a comprehensive overview of the Club’s key statistics and financial figures, featuring detailed insights into their underwriting practices, claims management, loss prevention strategies, sanctions compliance, and...

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Pyxis Tankers Inc., an international shipping company, announced today that it has closed its previously announced dry bulk vessel joint venture with an entity related to its Chairman and Chief Executive Officer, that was newly formed to acquire, own and operate, the...

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