News Flash | Sea and Job

Baltic Dry Index Falls to 4-Week Low

The Baltic dry index fell 1.2% to 2,632 on Wednesday, its lowest in four weeks. The capesize index, which typically transports 150,000 ton cargoes, including iron ore and coal declined 1.8% to 4,067, its lowest since July 21. Also, the supramax index decreased 1.2% to...

Capital Clean Energy Carriers Corp. Reports Second Quarter Revenue Gains, on Strong Market Conditions

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, today released its financial results for the second quarter ended June 30, 2026. Key Highlights Took delivery of two Liquefied Natural Gas Carriers (“LNG/Cs”) along with one Handy...

Two Closed Corridors: Hormuz and Bab el-Mandeb Both Effectively Shut to Tanker Traffic

Operational Overview Both major Gulf corridors are effectively closed to normal commercial tanker traffic, for different reasons on each side. Hormuz recorded zero tanker crossings on July 27, with all six transits routing through the IRGC-controlled northern...

EU ETS billions should not fund fuels alone, says PortXchange

On 17 July 2026, the European Commission proposed a targeted revision of the EU Emissions Trading System to strengthen European industrial competitiveness and support delivery of the EU’s 2040 climate target. European Shipowners (ECSA) welcomed the proposal to earmark...

Europe Macro Credit Conditions Weaken Due to US-Iran War Impact

Macroeconomic conditions in developed Europe will remain impaired by spillovers from the Iran war, even if the Strait of Hormuz reopens swiftly, says Fitch Ratings in a new report. The risk that this could affect rating trends is highlighted by the net negative...

Oil markets under-pricing geopolitical supply shock, warns Mirae Asset

Global oil markets are moving through a fragile phase in which geopolitical risk, maritime disruption, depleted inventory buffers, and stress across refining systems are converging. The immediate US-Iran war risk premium has unwound sharply after the US halted its...

Baltic Dry Index Falls to 4-Week Low

Capital Clean Energy Carriers Corp. Reports Second Quarter Revenue Gains, on Strong Market Conditions

Two Closed Corridors: Hormuz and Bab el-Mandeb Both Effectively Shut to Tanker Traffic

EU ETS billions should not fund fuels alone, says PortXchange

Europe Macro Credit Conditions Weaken Due to US-Iran War Impact

Oil markets under-pricing geopolitical supply shock, warns Mirae Asset

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