The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended losses for the thirteenth straight session on Thursday, pressured by a dip in rates across capesize and supramax segments. The overall index, which...

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The European Commission did not propose a ban on Russian liquefied natural gas in its latest package of sanctions because member states raised concerns about first securing alternatives including from the United States, EU diplomats said. “First you have to have a...

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Oil products inventories at the UAE’s Port of Fujairah rose 17% in the week ended Jan. 27, with gains registered across fuel oils, jet fuel, diesel, gasoline, and naphtha, according to Fujairah Oil Industry Zone data published Jan. 29. The total increased to 18.858...

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Shipping firms may need to pay a fee to use the Baltic Sea, one of the world’s busiest shipping routes, in order to cover the high costs of protecting undersea cables, Estonia’s defence minister said on Wednesday following a spate of breaches. NATO said last week it...

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