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Baltic Exchange launches new intermediate tanker indices in response to growing trade in northwest Europe

Baltic Exchange has launched a new suite of indices covering four key short-range tanker routes in northwest Europe in order to create the definitive benchmark for the region’s tanker sector and bring greater transparency to the short-range tanker market. The new...
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Sofar Ocean Releases 2025 Wayfinder Savings Report, Details How Carriers Cut Fuel and Emissions Amid Historic Volatility

Sofar Ocean Releases 2025 Wayfinder Savings Report, Details How Carriers Cut Fuel and Emissions Amid Historic Volatility
Sofar Ocean today released its 2025 Wayfinder Savings Report, offering maritime shipping’s clearest, data-backed view of the link between ocean intelligence and operational performance. The report details how Sofar’s Wayfinder Platform, which provides dynamic voyage...
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Baltic Index At Six-Month Low As Capesize Segment Drags Rates Lower

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, fell for an eighth straight session on Wednesday and touched a six-month-low, hurt by weakness in the capesize segment. The main index, which tracks rates...
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Cargo vessel suspected of damaging undersea cable allowed to leave Finland

The vessel, flagged from St Vincent and the Grenadines, is believed to have dragged its anchor along the seabed for several kilometres, according to Finnish authorities. Authorities in Finland released a vessel on Monday that had been seized on suspicion of damaging...
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Scorpio Tankers Inc. Announces Update on its Liquidity, Outstanding Debt, and Vessel Purchase Commitments

Scorpio Tankers Inc. Announces Update on its Liquidity, Outstanding Debt, and Vessel Purchase Commitments
Scorpio Tankers Inc. announced today an update on its liquidity, outstanding debt, and its forward newbuilding vessel commitments. Update on Current Liquidity and Debt The table below summarizes the Company’s outstanding indebtedness and liquidity as of the dates...
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Iran releases Greek-managed tanker seized in January ‍2024, company source says

Iran has released the Greek-owned, Marshall-Islands-flagged tanker MT St. Nikolas it seized in the Gulf of Oman in January 2024, a company source told Reuters on Tuesday. The vessel was released on January 8, and has been anchored at Shinas port in Oman since January...
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