Container freight rates from the Indian subcontinent to West Africa have risen amid the movement of rice in large volumes over this route since mid-November, sources told S&P Global Commodity Insights. Sources added the stronger rates are likely to continue till...

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The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a seven-session losing streak on Friday, supported by gains in larger vessels. The index, which factors in rates for capesize, panamax and supramax...

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Mitsui O.S.K. Lines, Ltd. yesterday announced that its wholly owned subsidiary MOL Switch LLC (Representative & CEO: Tomoaki Ichida; Headquarters: California, U.S.) , which aims to invest in decarbonization technologies, became the first Japanese company to...

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Asia’s spot market for very low sulphur fuel oil (VLSFO) traded in discounts on Thursday for December loading dates, with cash differentials sliding to their lowest since mid-April this year. The product traded at a discount of 25 cents a metric ton to cargo quotes...

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Reaffirming its dedication to upholding the labor and human rights of seafarers, Panama assumed the role of Vice Chair and governmental spokesperson during the Third Meeting of the Joint Tripartite Working Group of the International Labour Organization (ILO) and the...

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