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Baltic Dry Index Down for 2nd Day

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, eased for a second session on Tuesday, falling about 1.8% to 2,670 points, weighed down by the larger vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, dropped about 3.5% to 3,911 points; …

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Wind-assisted propulsion: Managing safety while regulation takes shape

As wind-assisted propulsion scales across the global fleet, operations are advancing faster than regulation. With IMO guidance still under development, safety today rests on strong operational practice, class approval, and the ISM Code. Wind-assisted propulsion systems (WAPS) have moved beyond pilot projects. Today, ships equipped with rotors, wings, and sails are trading globally, helping owners …

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Greece’s defining role in the future of responsible ship recycling

For decades, Greek shipping has demonstrated an extraordinary ability to adapt, evolve and lead through every market cycle. From navigating volatile freight markets to driving fleet renewal and influencing global investment trends, Greek shipowners have consistently remained at the forefront of international shipping. Today, as environmental regulation, ESG expectations and decarbonisation pressures reshape the maritime …

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