Baltic index rises to near two-year high on higher rates across vessels

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to its highest level in nearly two years on Thursday, propelled by gains across vessel segments. * The main index BBDI, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 10 points, or 0.4%, …

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MARKET INSIGHTS: Oversupply Ahead? Early Signs Signal Weaker U.S. Crude Oil Flows

Signal Ocean’s preliminary data, derived directly from Voyage Details movements, indicate a sharp reversal in U.S. crude oil flows in November, following a standout performance in October. Flows climbed to 129.8 M barrels in October 2025, the strongest monthly level of the year and the culmination of steady growth from August through October. However, early …

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Trusted data for decarbonization: Growing a maritime data ecosystem with Veracity

Mikkel Skou, Executive Director of Veracity by DNV Mikkel Skou is Executive Director of Veracity by DNV, with over 25 years of experience driving digital transformation across the maritime and energy sectors. With expertise in digital ecosystems, AI, and innovation, he leads Veracity’s mission to deliver trust, transparency, and business value through digitalization and collaboration. …

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Court of Appeal considers scope of owner’s rights to repossess vessel following early termination of bareboat charter

The English Court of Appeal has addressed the appropriate interpretation of clause 29 of the BIMCO Barecon 2001 standard form of bareboat charter – the clause which concerns the repossession of a vessel following early termination. The Court of Appeal has confirmed that repossession of a vessel upon termination must be prompt and practical – …

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Pyxis Tankers Announces Date for the Release of the Third Quarter 2025 Results

Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an international shipping company with a focus on the seaborne transportation of refined petroleum products and dry bulk commodities, today announced the following: We will issue our unaudited results for the third quarter ended September 30, 2025, after the market closes in New York on Thursday, November 20, …

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