Baltic index hits over three-month low as rates for all segments drop

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped to a more than three-month low on Thursday, dragged down by weakness across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 40 points, or 2.3%, to 1,668, …

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New hydrogen demand report unveils once in a generation opportunity

Yesterday – the International Chamber of Shipping (ICS) – presented a new report, written by the Professor of Energy Economics at Biberach University of Applied Sciences, Germany, identifying hydrogen demand sectors, demand locations and the demand-pull timeline at the Malaysia Maritime Week event. The groundbreaking report titled “Turning hydrogen demand into reality: Which sectors come …

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