Baltic index rises for sixth straight session to hit one-month peak

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for the sixth straight session to hit a one-month high on Thursday, supported by gains across all vessel segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 37 …

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Joint Public Statement on shipping fuels in the Clean Industrial Deal

The Clean Maritime Fuels Platform, representing the European shipowners and the fuel suppliers, stresses the urgency of developing a European supply chain for clean shipping fuels. An estimated €40 billion in annual investments required for European shipping alone up to 2050 according to the Draghi report. Supporting investments to foster the production and availability of …

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