Baltic Dry Index Extends Gains to Over 2-Week High

The Baltic dry index surged 4.1% to 2,843 on Monday, its highest level since July 15. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, soared 6.2% to an over two-week high of 4,564. The panamax index, which usually...
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Dry Bulk Market: Capesizes Gaining Momentum

Capesize After a weak start to the week, the market gradually regained momentum, finishing on a much firmer footing by Friday. Early pressure was driven by subdued cargo volumes, particularly in the Atlantic, while easing bunker prices encouraged lower offers and...
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Owned Hull War Risks – Notice of Cancellation

Owned Hull War Risks – Notice of Cancellation
Due to the circumstances in the Persian Gulf and Red Sea area, the Directors have decided pursuant to their powers under the Rules, to issue a notice of cancellation on all Hull War policies. Cover will be reinstated with effect from 00.000 GMT 10th August 2026,...
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New eco-friendly coating to propel ocean economy

New eco-friendly coating to propel ocean economy
A novel marine antifouling coating, developed by a research team from South China University of Technology, has achieved large-scale applications in various fields including shipbuilding and maintenance, as well as wave energy power generation platforms, undersea data...
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