Baltic Dry Index Down for 3rd Day

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was down for the third session on Tuesday, falling about 1.2% to an over one-week low of 3,054 points, amid broad-based weakness across vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, decreased …

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Why shipping needs standardised data more than ever

Data has always been a key part of shipping’s digitalisation narrative. From AI-driven decision making to predictive maintenance and smart fleet management, standardised, interoperable data is central to improving the safety, efficiency and sustainability of fleets. Integrated data can transform an entire business. When systems speak the same language, information becomes actionable, enabling operators to …

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