The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Wednesday, buoyed by firmer rates across all vessel segments. The main index BBDI, which tracks rates for capesize, panamax and supramax shipping...

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Russia’s seaborne crude exports fell to a five-month low in July, according to cargo-tracking data. The EU and the US started to target buyers in their latest bid to undermine Moscow’s war chest against Ukraine. Russian-origin crude liftings from Russian ports reached...

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India’s exports of refined fuel are in the spotlight after last month’s European Union sanctions while U.S. President Donald Trump has threatened a tariff hike over its oil purchases from Russia. The South Asian nation became the top buyer of Russian seaborne crude...

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Prices surged by 3.62% to settle at 266, driven by a combination of declining daily output, increasing LNG export flows, and persistent forecasts for hotter-than-normal weather across the U.S. through late August. This heatwave is expected to keep air conditioning...

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The International Maritime Organization’s Maritime Safety Committee (MSC) has sent a clear message: the ISM Code is overdue for serious reform. The committee has called for a comprehensive overhaul of the guidelines governing safe ship management—guidelines that,...

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AD Ports Group (ADX: ADPORTS), a global enabler of integrated trade, transport, and logistics solutions, and MBME Group, a UAE provider of financial technology and digital services, signed a framework agreement to explore developing fintech and digital trade solutions...

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