Baltic index hits one-week low on capesize weakness

The Baltic Exchange’s dry bulk sea freight index extended declines on Tuesday and touched its lowest level in a week, hurt by a slide in capesize vessel rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell by 78...
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MHI turns Exhaust into Efficiency

Under the auspices of the IMarEST UAE branch, Mitsubishi Heavy Industries Marine Machinery & Equipment (MHI MME) convened a seminar to delve into the intricacies of Steering Gear and Turbo Chargers, vital equipment ensuring vessel safety and efficiency. The...
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ABS Releases Industry First Advisory on Methanol Bunkering

With the publication of ABS Methanol Bunkering: Technical and Operational Advisory, ABS is expanding its industry-leading suite of guidance on methanol as a marine fuel. A key component of the methanol value chain and the overall scalability of the fuel will be the...
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