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Baltic index hits near two-year peak as capesize registers strong gains

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, climbed to log a near two-year high on Tuesday, bolstered by strong gains in the capesize segment. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 17 points, or 0.7%, to …

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DNV report: Methanol as marine fuel at high readiness level, but adoption hurdles remain

As the industry explores multiple decarbonization pathways, methanol is gaining attention as a practical and scalable alternative fuel for deep-sea shipping. This is supported by over 450 methanol-capable vessels in operation and on order and technical solutions now available for all major ship types. DNV’s latest white paper, “Methanol fuel in shipping,” highlights that methanol-fuelled …

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Clean tanker differentials flip; Suez Canal commands premium over Cape: market sources

Clean tanker voyages through the Suez Canal are commanding a significant premium over the longer Cape of Good Hope route due to tighter supply and owners’ reluctance to use the shorter but riskier waterway, market participants, including charterers, owners and brokers, said. Few owners, primarily of Greek, Chinese and Persian Gulf origin, are willing to …

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Chaos to Clarity: How Index-Linked Contracts Are Redefining Freight Procurement

The last few years have been a stress test for global supply chains. Rates surged to historic highs, collapsed just as quickly, and never fully returned to predictable patterns. Even the most experienced procurement teams found themselves navigating a market where traditional tools did not match the speed or volatility of the real world. What …

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