The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, retreated for the seventh consecutive session on Monday, dropping about 2.2% to the lowest since May 5 at 2,916 points, pressured by the larger vessel segments....

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The session, “HowBureau Veritas’ Digital Solutions Reduce Risk, Lower Cost & Enhance Asset Value”, brought together a diverse collection of industry stakeholders to explore how digitalization is reshaping risk management, enhancing interconnectivity and...

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Maritime disruptions through the Strait of Hormuz are reshaping global oil trade flows in ways that could threaten extended declines in tanker requirements, even as alternative supply routes partially offset lower seaborne volumes by adding to ton-mile demand,...

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Capesize The market closed the week on a softer footing, with the BCI 182 5TC easing from just under $50,000 at the start of the week to $44,374, reflecting a clear loss of momentum as the week progressed. Trading conditions were characterised by persistently thin...

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DP World has signed an agreement with French research organisation Commissariat à l’Energie Atomique et aux Energies Alternatives (CEA) and strategy specialist TerraWater Institute to launch a feasibility study into how Small Modular Reactor (SMR) technology could...

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Iran has been widely condemned for demanding up to $2 million for vessels to ship through the Strait of Hormuz. DW explores the reasons why Egypt can charge for the Suez Canal and Panama for its waterway, but Iran can’t. The Iranian regime has been accused of...

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