Baltic index declines as all vessels see falling rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday, pressured by losses across all vessel segments. The index, which factors in rates for capesize, panamax and supramax shipping vessels, dipped...
Read More

Maersk to move operations from major port

A major container shipping company has announced it will no longer use the Port of Felixstowe for its larger vessels from next year. Maersk said the changes would take effect in February following a review of its Asia-Europe shipping routes. The firm said it had...
Read More

Oldendorff Successfully Installs Rotor Sails

Oldendorff Carriers (Oldendorff) is pleased to announce the successful installation and operational deployment of Rotor Sails on the Chinook Oldendorff. Through a joint agreement first announced in December 2023, the Chinook Oldendorff transports Elk Valley Resources...
Read More