Baltic Dry Index Up to 2-Month High

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for a fifth straight session on Wednesday, climbing by 4.3% to its highest since June 3 at 3,063 points, mainly supported by the larger segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and …

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Dirty tanker loadings drop 62% from Russian ports in the Black Sea and Sea of Azov

“During the last two weeks of July, dirty tanker loadings from Russian Black Sea and Sea of Azov ports fell 62% compared to the previous four weeks’ average. Exports averaged 0.98 million barrels per day (mbpd) compared to 2.59 mbpd in the previous four weeks,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. On 6 …

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Joint open letter in relation to no compulsory tolls or charges being introduced in the Strait of Hormuz

Dear Secretaries General, We are writing to you to reiterate our concerns regarding the potential imposition of tolls or service fees in the Strait of Hormuz. As the International Maritime Organization has highlighted repeatedly, since the beginning of the conflict seafarers have been operating in an environment of heightened uncertainty, with some sustaining injuries and …

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Strait of Hormuz disruption hits energy, fertilizer and industrial trade

Disruption in the Strait of Hormuz has exposed the vulnerability of global trade to a single maritime chokepoint, with early data showing sharp falls in exports of energy, fertilizers and industrial products. Exports of natural gas dropped by a staggering 95 per cent. The finding comes in analysis published by the International Trade Centre (ITC), …

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Ukraine’s Drones Reach Western Tonnage in the Black Sea as Saudi Diversions Around the Cape Widen

Operational Overview Two parallel adaptations are now visibly reshaping the world’s crude flows. In the Black Sea, Ukraine’s drone campaign has widened beyond Russia’s own shadow fleet to Western-affiliated vessels legally operating under the G7 Oil Price Cap, with a Greek-owned tanker struck near Taman on August 1 and five Western-affiliated tankers previously struck at …

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Klaipėda Container Terminal strengthens berth planning with Portchain Quay

Following the successful implementation of Portchain Connect, Klaipėda Container Terminal is taking the next step in its digitalization by implementing Portchain Quay. Portchain today announced that Klaipėda Container Terminal will be implementing Portchain Quay. Following the successful implementation of Portchain Connect earlier this year, the terminal is continuing its digitalization journey by strengthening its berth …

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Técnico/a de Control de equipo

  Técnico/a de Control de equipo – Boluda Shipping Ubicación: Valencia Estamos buscando un/a Técnico/a de Control de equipo para garantizar la correcta rotación de nuestros contenedores, asegurando su disponibilidad para nuevas cargas. Técnico/a de Control de equipo – Boluda Corporación Marítima     La entrada Técnico/a de Control de equipo se publicó primero en Actualidad Marítima y …

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US Gulf subsea tie-back on track for first oil by year-end as development drilling progresses

Beacon Offshore Energy, a Texas-based exploration and production company, is preparing to begin drilling the second development well at a field in the Gulf of America (U.S. Gulf of Mexico), with first oil targeted for year-end 2026. The post US Gulf subsea tie-back on track for first oil by year-end as development drilling progresses appeared …

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Carbon capture-enabled 19.2-mtpa Texas Gulf Coast LNG project enters permitting phase

A planned multi-train liquefied natural gas (LNG) export project on the Texas Gulf Coast has taken a significant regulatory step toward development after submitting a request to the U.S. Federal Energy Regulatory Commission (FERC) to begin the pre-filing review process for the proposed export terminal. The post Carbon capture-enabled 19.2-mtpa Texas Gulf Coast LNG project …

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