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Singapore Tops 2025 Xinhua-Baltic International Shipping Centre Development Index, Marking 12-Year Streak

Baltic Exchange, in collaboration with Xinhua News Agency, proudly announces the release of the 2025 Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report. This annual report, now in its 12th year, ranks the world’s leading shipping centres...

Ukrainian wheat exporters shift focus to Asia, Africa amid EU tariffs renewal

Ukrainian sellers are aiming to redirect their wheat exports to Asia and Africa following the reintroduction of import duties and quotas on Ukraine’s agricultural products to the EU from June 6. The wheat quota was set at 1.3 million mt, with tariffs of Eur95/mt...

Ship Pollution Response Organization (SPRO) Agreements in China – New International Group of P&I Clubs (IG) and China Diving & Salvage (CDSA) SPRO Agreement

New IG and CDSA SPRO Agreement The Group Clubs are pleased to announce that the IG and CDSA have agreed a Sample Agreement for Ship Pollution Response (Sample Agreement) and a Ship Pollution Response Expense Tariff (SPRO Tariff). ITOPF, on behalf of the Group Clubs,...

DP World’s Pier Expansion Drives Record Volumes, Export Growth at Peru’s Port of Callao

One year after the expansion of its Bicentennial Pier, DP World’s terminal at the Port of Callao has delivered record-breaking results, including a 19% increase in container throughput and a surge in agricultural exports that underscore the port’s growing role in...

Hafnia Announces Signing of USD 715M Revolving Credit Facility

Hafnia Limited is pleased to announce the signing of a USD 715 million Revolving Credit Facility (the “Loan Facility”) on 10 July 2025 secured by a modern fleet of 32 product tankers. The facility has a very competitive margin with a tenor of seven years and an...

China and India lead modest revival in Asia thermal coal imports

There are some tentative early signs that weak thermal coal prices are starting to boost import demand among Asia’s heavyweight buyers China and India. Asia’s seaborne imports of the fuel used mainly to generate electricity rose to a five-month high of 74.12 million...

Singapore Tops 2025 Xinhua-Baltic International Shipping Centre Development Index, Marking 12-Year Streak

Ukrainian wheat exporters shift focus to Asia, Africa amid EU tariffs renewal

Ship Pollution Response Organization (SPRO) Agreements in China – New International Group of P&I Clubs (IG) and China Diving & Salvage (CDSA) SPRO Agreement

DP World’s Pier Expansion Drives Record Volumes, Export Growth at Peru’s Port of Callao

Hafnia Announces Signing of USD 715M Revolving Credit Facility

China and India lead modest revival in Asia thermal coal imports

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