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Falling Rates Across Vessel Segments Drag Baltic Index To Over One-Month Low

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended losses on Thursday and fell to a more than one-month low, weighed down by falling rates across all vessel segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 71 points …

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2025 Dirty Tanker Market Review: A Powerful Rally – Scenarios behind the Recovery

The summer of 2025 surprised with earnings, as VLCC rates climbed well above seasonal norms. In the sections that follow, we outline the key dynamics that, whether acting individually or in combination, underpinned this momentum and sustained strength through late summer into September. Whether these factors acted individually or in combination is impossible to determine, …

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A guide to the Net-Zero Framework’s reward mechanism

In October 2025, the International Maritime Organization (IMO) is expected to adopt its Net-Zero Framework, which would enter into force in 2027. The framework’s supporting guidelines will define zero- and near-zero-emission fuels, reward mechanisms, emissions accounting, certification, and how a central fund will be governed. These guidelines will be crucial in further supporting the energy …

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IBIA and BIMCO Launch Follow-Up Survey on Bunker Licensing and Mass Flow Metering Adoption

The International Bunker Industry Association, with support from BIMCO, has announced the launch of a follow-up survey designed to assess the impact of bunker licensing schemes (BL) and Mass Flow Meter (MFM) technology on transparency, fuel quality, and regulatory alignment across the maritime sector. This initiative builds on the comprehensive survey conducted in 2022, which …

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Maersk rolls out efficiency programme for its time-chartered fleet

In a large-scale programme involving 50 different shipowners, A.P. Moller – Maersk (Maersk) is – in close collaboration with the owners – retrofitting around 200 vessels in its time-chartered fleet. The main aim of the programme is to reduce the slot cost by improving fuel efficiency and cargo-carrying capacity leading to a decrease in both …

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