Baltic index falls for second straight session on softer capesize rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a second consecutive session on Thursday, dragged by declining rates in capesize shipping vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 14 points, or 0.94%, at 1,473 points. The …

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Helm Operations achieves ISO 27001 and SOC 2 compliance, reinforcing its commitment to data security

Leading Canadian maritime operations platform provider, Helm Operations, has secured ISO 27001 certification and SOC 2 compliance, underscoring its dedication to maintaining the highest standards of data security, privacy, and operational excellence. The announcement comes as data security continues to grow as a critical focus of the maritime industry. ISO 27001:2022 is an internationally recognized …

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Med, Black Sea Eastbound Suezmax rates jump amid Red Sea disruption

Freight rates for Suezmax voyages loading in the Mediterranean and Black Sea and discharging in the Far East have risen significantly, with sources pointing to the ongoing instability in the Red Sea region, which has made owners increasingly reluctant to send their vessels through the Suez Canal. Platts, part of S&P Global Commodity Insights, assessed …

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