Baltic Index Hits Over Three-Week Low As Vessel Rates Weaken Across Segments

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell to a more than three-week low on Monday, pressured by weaker vessel rates across all segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, fell 21 points, or 1.1%, to 1,945 points, its …

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Atlantic Volatility and Maritime Risk: What the 2025 Hurricane Season Reveals

The 2025 Atlantic hurricane season has so far offered a reminder to those in the industry of just how unreliable long-range forecasts can be on their own. Early outlooks pointed to another above-average year, yet the first half was surprisingly quiet and subdued. This was then followed, rather abruptly, by a burst of activity. Long …

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Hill Dickinson strengthens Piraeus ship finance team with new partner hire

Leading commercial law firm Hill Dickinson has announced the appointment of Dimitris Karamacheras, who has joined the firm as a shipping partner in its Piraeus office. With over 16 years of experience in shipping law, Dimitris will further strengthen Hill Dickinson’s ship finance and transactional practice in Piraeus, expanding the firm’s reach across Europe and …

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