Great Eastern Shipping Company takes delivery of 2016 built Kamsarmax Dry Bulk Carrier ‘Jag Anjali’

Great Eastern Shipping Company has taken delivery of a 2016 built Kamsarmax Dry Bulk Carrier Jag Anjali of about 81,922 dwt. The company had contracted to buy the vessel in Q2 FY26. This vessel is financed entirely from internal accruals. The Company’s current owned fleet stands at 40 vessels, comprising 26 tankers (5 crude carriers, …

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Baltic Exchange Launches New Tanker Routes in Response to Tariff and Geopolitical Uncertainty

Baltic Exchange has launched a series of new Aframax tanker benchmarks, TD28 and TD29, in response to shifting global trade dynamics, escalating geopolitical tensions, and a dramatic surge in Canadian crude exports to Asia. The new assessments are also designed to strengthen the Baltic’s position as the leading provider of freight benchmarks and reflect the …

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WAF crude tanker rates climb on Chinese port fees, European demand

Freight rates for dirty tanker voyages loading in West Africa have risen significantly in the second decade of October, amid uncertainty generated by China’s new special port fee system for ships with US affiliations and strong inquiry levels for Europe-bound voyages, according to shipbroking sources. Platts, part of S&P Global Commodity Insights, assessed freight on …

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