The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a three-session losing streak on Wednesday, aided by gains in the panamax and supramax vessel segments. The overall index, which factors in rates for...

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Malaysian palm oil futures finished lower on Wednesday, as a sharp drop in crude prices weighed on sentiment, while profit-taking and the off-loading of positions ahead of the long weekend added pressure. The benchmark palm oil contract FCPOc3 for July delivery on the...

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India and Russia are discussing a free trade agreement (FTA), the Russian trade minister said on Monday, an announcement that could deepen bilateral commercial ties that have flourished since war broke out in Ukraine. The FTA talks mark a step-up in economic relations...

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Dredging Corporation of India (DCI) has appointed TK Ramachandran Chairman of VOC Port Tuticorin as Chairman of the company. His effective date of appointment will be April 1, 2023. The public sector dredging company in a regulatory filing at exchanges said, “The...

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This April, sea surface temperatures (SSTs) around the world are at their highest levels ever. Notably, the Indian Ocean region is being affected by incredibly high SSTs, especially in the south Arabian Sea and the Bay of Bengal. The University of Maine’s Climate...

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Container terminal operator earnings have declined as slowing trade and escalating costs have brought margins under pressure. But an improving economic outlook and falling energy costs are expected to provide some reprieve through the second half of the year....

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