Baltic Dry Bulk Index Edges Up As Capesize, Supramax Gains

Baltic Dry Bulk Index Edges Up As Capesize, Supramax Gains
The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, edged up on Wednesday as capesize and supramax vessel segments gained. The overall index, which factors in rates for capesize, panamax and supramax shipping...
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IUMI Reports Rising Cargo Insurance Premiums

IUMI Reports Rising Cargo Insurance Premiums
The International Union of Marine Insurance (IUMI) reports an increase in the 2021 cargo insurance premium base (from 2020) of 8% to USD 18.9 billion alongside an improvement in overall loss ratios. Speaking at this year’s Chicago conference, Isabelle Therrien,...
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