Baltic index steady as firmer panamax rates offset dip in capesize, supramax

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, was little changed on Monday, as higher panamax vessel rates offset weaker capesize and supramax prices. The index, which factors in rates for capesize, panamax and supramax shipping vessels, edged up 1 point to 1,168 points. The capesize …

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US plans major trade tariffs: Potential impacts on dry bulk and shifting trade patterns

In a significant move, US president-elect announced plans to impose a 25% tariff on all imports from Canada and Mexico starting 20 January 2025 and increase tariffs by 10% on Chinese goods; there could be more announcements in times to come. These tariffs could impact the dry bulk trade with two potential outcomes. The first …

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Methanol as a marine fuel

Introduction It’s very apparent, global shipping’s drive to decarbonise is well underway. The ship-building profile is changing dramatically, highlighted by the 2023 order book showing 539 new builds capable of running on low-to-zero carbon fuels, being ordered. This equates to 45% of all orders in terms of gross tonnage. LNG dual-fuel vessels are currently the …

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Rising costs squeeze intermediaries out of thriving Russian oil trade with India

Three trading houses have become dominant sellers of Russian oil to India as many smaller players dropped out of the business due to high funding costs in Russia and lack of access to Western funds, according to data and six trading sources. The change reverses a trend of dozens of little-known trading firms flooding the …

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Vacantes con perfil marítimo, Portuario y/o Logístico para el Grupo TRAGSA – 6 plazas

Vacantes con perfil marítimo, Portuario y/o Logístico para el Grupo TRAGSA – 6 plazas 1 – Diplomado/a o Graduado/a – Análisis de datos para Pesca y Asuntos Marítimos (Madrid) – Portal de Empleo 1 – Graduado/Diplomado o Licenciado/Grado + máster oficial en Química, Ciencias del Mar o Ciencias Ambientales – Aguas (Toledo) – Portal de …

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