The International Chamber of Shipping (ICS) has released the fifth edition of its Guidelines on the Application of the ILO Maritime Labour Convention, urging the global shipping industry to take note of the latest amendments ahead of their entry into force and to...

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The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, was down for a second session on Monday, falling 0.9% to a near one-week low of 2,037 points. The capesize index, which typically transport 150,000-ton cargoes including...

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Operation Epic Fury began on February 28 and has since pushed the global maritime system into a new phase of sustained disruption. The disruption is no longer limited to isolated vessel attacks or temporary route changes. It now spans chokepoints, oil exports, LNG,...

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Iron ore prices are becoming increasingly sensitive to rising energy costs, as higher oil prices push up both shipping and production expenses across the global mining industry, UBS said. The recent spike in energy markets, driven by geopolitical tensions in the...

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