The Baltic Exchange's dry bulk sea freight index rose on Friday, supported by higher rates for larger vessels, but was headed for a weekly loss due to declines across all vessel segments earlier in the week.* The main index, which factors in rates for capesize…
The Baltic Exchange's main sea freight index, which measures rates for ships carrying dry bulk commodities, rose for a third successive session on Wednesday, as gains in the panamax and supramax segments countered a decline in capesize rates…
The Baltic Exchange's main sea freight index, which monitors rates for ships carrying dry bulk commodities, rose on Friday and snapped a four-session losing streak, buoyed by gains across all vessel segments.* The main index, which tracks rates for capesize…
Freight rates for Russian oil shipments from the Baltic Sea ports to India have fallen in July-August as more tankers have become available, but this could change if new sanctions are imposed on Moscow, two traders said.The European Union is finalising its 18th sanctions package on Russia…
IFreight rates for Russian oil shipments from the Baltic ports to India eased further in the period from late May to early June, thanks to high tanker availability, but the trend may reverse if Europe's proposed lower price cap comes to fruition…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a near two-week low on Tuesday on reduced demand for all vessel segments.* The main index, which monitors rates for capesize…
DataMondial, a player in the world of data and document processing, announced the launch of its latest service: an AI-powered robotization system for processing ocean freight rates. This new service is designed to help logistics providers manage…
Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input from twenty-three liner operators, the China…
Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk insurance rates, industry sources said.The Black Sea is crucial for the shipment of grain…