The Baltic Exchange’s dry bulk sea freight index fell on Friday, pressured by lower rates across vessel segments. However, higher prices across larger vessel category earlier in the week led to an overall weekly increase. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 7 points to 2,259 points. …
Baltic Index Eases On Lower Vessel Rates, But Posts Weekly Gain Read More »
Soybean flows from Argentina to China in 2025 tell a striking turnaround story. Early in the year, shipments (blue line) lagged 2024 levels (grey line), but from April onward, they overtook them and stayed strong through Q3. The April harvest ignited momentum, and the mid-year slump that weighed on 2024 was largely avoided. Soybeans now …
Dry Bulk Weekly Monitor: Argentina soybeans to China Read More »
“Nuclear energy is stepping forward as a credible long-term solution” stated Christopher Wiernicki, Chairman and CEO of the American Bureau of Shipping, as some of the world’s leading shipowners and operators gathered at ARGO: New Nuclear for Greek Maritime in Athens earlier today. At the Summit, over 120 high-level industry leaders welcomed the increasing pace …
Greek owners to play important role in development of the nuclear for maritime sector Read More »
Spot differentials in the Asia fuel oil market were broadly stable on Friday amid thin activity and absent fresh drivers, while cracks also traded rangebound from the previous day. Singapore’s 380-cst high sulphur fuel oil (HSFO) cash differential widened slightly to a premium near $1.40 a metric ton, while very low sulphur fuel oil’s (VLSFO) …
Asia Fuel Oil: Spot market steady in thin trading momentum Read More »
A tanker under U.S. sanctions has moved from the Arctic LNG 2 plant east along Russia’s Northern Sea Route, data from LSEG and market sources showed. The Northern Sea Route, which Moscow wants to turn into a new Suez Canal, is challenging for ships due to thick ice in winter, and navigation is restricted to …
Tanker under US sanctions carries fuel along Russia’s Northern Sea Route, data shows Read More »
Drewry’s World Container Index decreased 8% to $1,761 per 40ft container this week. Our detailed assessment for Thursday, 25 Sep 2025 The Drewry World Container Index (WCI) fell 8% to $1,761 per 40ft container, marking the 15th consecutive week of decline with rates on major trade routes—Transpacific and Asia–Europe—also trending downwards. Spot rates from Shanghai …
Drewry’s World Container Index Down by 8% Last Week Read More »
Platts, part of S&P Global Commodity Insights, wishes to clarify that the boil-off rate used for LNG freight route cost calculations is 0.04%. As such, the methodology for LNG global freight route costs will now state: This value is based on applying the relevant freight and ballast rate to a base price assessment (e.g., JKM), …
Platts clarifies boil-off rates used for LNG freight route cost calculations Read More »
“Nuclear energy is no longer a distant possibility for maritime applications, it is emerging as a legitimate, practical, and scalable solution for a wide range of strategic uses. It is a credible long-term solution, not simply because of its potential to reduce emissions, but because it offers unmatched energy density, reliability, and strategic independence.” That …
In 2024, the EU imported 1.1 billion tonnes of goods from non-EU countries by sea, valued at €1 251 billion. Exports transported by sea totalled 0.5 billion tonnes, worth €1 126 billion. Maritime transport was the main mode of transport for the EU international trade in goods in 2024. It dominated the physical volume of …
Maritime transport dominates international trade Read More »
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that the MOL Group took part in “London International Shipping Week (LISW) 2025,” a world-renowned event in the shipping industry, from September 15-19. LISW is a global event that brings together leaders from the shipping, port, and logistics industries to discuss and shape …
