Baltic Index Drops To More Than Three-Week Low As Larger Vessel Rates Slip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to more than a three-week low on Thursday as rates across larger vessels slipped. The index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 90 points to 1,419 points, its lowest level since …

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BIMCO: Crude Tanker Shipping Market To Tighten Slightly in 2025, Products to Soften

Supply/demand balance For 2025, we forecast a slight strengthening of market conditions for crude tankers and a slight weakening for product tankers. Our demand forecast for both sectors is an increase of 2.5%-3.5% in 2025 but the product tanker market will have to contend with faster growth of the fleet and supply. Our forecast assumes …

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Prokopiou-backed Pure Energy Signs $1.1 Billion Sale and Leaseback Deal

Watson Farley & Williams (“WFW”) advised CMB Financial Leasing Co., Ltd. (“CMBFL”) on the US$1.1bn sale and leaseback of five 200,000m3 LNG carriers with Pure Energy Limited (“Pure Energy”), which includes pre-delivery and post-delivery financing arrangements on vessels which are to be employed on a long term basis with multiple reputable market leading chartering groups. …

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Hapag-Lloyd concludes long-term offtake agreement for green methanol

Hapag-Lloyd has reached an agreement with Goldwind, a global strategic partner in clean energy with headquarters in Beijing, China, for the delivery of 250,000 tonnes of green methanol per year. The green methanol will consist of a blend of bio- and e-methanol, ensuring greenhouse gas (GHG) emissions reduction of at least 70 percent, and comply …

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CMA CGM to launch Maya Service dedicated to West Coast Central America

We are pleased to announce the launch of our new weekly service, Maya Service, dedicated to West Coast Central America and totally operated by CMA CGM. This initiative aligns with market dynamics in the region and difficulties faced lately. It affirms CMA CGM’s commitment to delivering high-quality service and supporting the growth of your business. …

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Mecánico para buque Portacontenedores – 2.100 USD/mes

Mecánico para buque Portacontenedores – 2.100 USD/mes Fitter on Container Ship 2100 $ per month Duration of contract: 6 Container Ship cv@marineman.ua La entrada Mecánico para buque Portacontenedores – 2.100 USD/mes se publicó primero en Actualidad Marítima y Portuaria.

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