The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest level in 23 months on Wednesday, as rates...
As January draws to a close, the Capesize Brazil–North China freight market maintains a relatively stable sentiment. Although highs have yet to be achieved, the market remains steady. In...
“In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared...
Many insurance companies are still reluctant to provide cover for ships and cargoes transiting the Red Sea unless the ground level threat comes down to near-zero amid prolonged safety...
Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World’s deputy chief executive said, adding that could see freight...
The recent inauguration of Donald Trump as the 47th President of the United States on January 20, 2025, marks the beginning of a new chapter in global trade. “With...
Spot fuel oil premiums continued to ease on Wednesday, though a flurry of bids remained in the spot market but met with limited offers, especially on the high-sulphur front....
Northwest Europe Securing very prompt delivery dates for HSFO may be a challenge in the ARA. Lead times of around 5-7 days are advised, a trader told ENGINE. VLSFO...
ATR, the world’s leading regional aircraft manufacturer, continues to elevate the standards of regional air travel by introducing Starlink high-speed internet connectivity onboard its aircraft….
Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has welcomed the release of the crew of the MV Galaxy Leader, after more than a year in captivity....
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