Baltic index retreats on lower rates across all vessel segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Tuesday rates dippedacross all vessel segments. The index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 18 points to 1,053 points. The capesize index shed 32 points to 1,308 points. Average daily …

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Tanker market slows as market uncertainty and high values create headwinds

Throughout the course of 2024, tanker values continue to hover around the highest levels since 2009, however the volume of sale and purchase activity for larger tankers has slowed considerably as the appetite for this sector takes a dip amidst market uncertainty. In September there were 55 large tanker sales reported, this included seven VLCCs, …

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New whitepaper addresses the vital role of antifouling biocides in decarbonizing the shipping industry

Nine major suppliers of biocides to the marine antifouling coatings sector have collaborated to increase awareness around the importance of marine biocides for the control of biofouling on ship hulls. In a new whitepaper developed by the group entitled ‘Antifouling biocides: a key contributor to sustainable shipping’ the history of marine biocide use and antifouling …

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Study finds LNG dual-fuel vessels lowest cost compliance solution to decarbonise shipping

Industry coalition SEA-LNG analysis shows that LNG dual-fuelled vessels provide the lowest compliance cost for meeting EU and IMO decarbonisation regulations. Using Z-Joule’s POOL.FM, SEA-LNG has undertaken analysis based on a modelled mid-sized, 14,000 TEU container vessel. This analysis is in the form of both a single vessel and also an eight-vessel fleet operating the …

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“HSEQ and Vetting Manager” para importante compañía naviera

“HSEQ and Vetting Manager” para importante compañía naviera We’re hiring! Faststream Recruitment is looking for an HSEQ and Vetting Manager to join a leading shipping company in Hamburg. If you’re a Senior Deck Officer with shore-based experience in HSEQ and vetting as a Manager—or a Senior Superintendent ready to take the next step—this could be …

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