The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose, supported by strong rates across all vessel segments on Friday, and registered its first weekly gain in four. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, gained 198 points, or 13.5%, to …
Baltic Dry Bulk Index Logs First Weekly Gain In Four Read More »
This week’s Chart Market Monitor highlights the significant increase in Brazilian crude oil shipments to China, which reached a record 93.6 million barrels in Q2 2025, marking a 53% rise from Q1 and a 60% year-on-year surge compared to Q2 2024. These are the highest second-quarter volumes recorded in recent years, far surpassing previous benchmarks …
Baltic Exchange, in collaboration with Xinhua News Agency, proudly announces the release of the 2025 Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report. This annual report, now in its 12th year, ranks the world’s leading shipping centres based on a comprehensive evaluation of port factors, professional business services, and the general environment. Click here to …
The first half of 2025 has seen global trade continue its upward trajectory, albeit under the persistent shadow of “increasing trade policy uncertainty, ongoing geopolitical tensions, and a challenging global economic environment”, according to the latest UNCTAD Global Trade Update, which presents a picture of resilience amid significant headwinds. Global trade expanded by an estimated …
Trade tested by policy uncertainty and geopolitical shifts Read More »
Russia lifted the share of its seaborne crude exports on tankers using G7 services last month to the highest since the end of 2023, boosted by the return of Greek operators who displayed growing confidence in navigating Western sanctions schemes. Over 39% of the OPEC+ member’s 3.36 million b/d in June were loaded by tankers …
Russian crude exports on G7 tankers hit 19-month high in June Read More »
China Classification Society (CCS), one of the world’s leading classification organisations, has joined London International Shipping Week 2025 (LISW25) as an international partner, reaffirming its commitment to safety, sustainability, and innovation in the global maritime industry. As an international partner, CCS will actively contribute to the week’s discussions on maritime digitalisation, decarbonisation, and regulatory evolution …
China Classification Society joins LISW25 as an international partner Read More »
Asia’s hi-5 fuel oil spread reached its widest in more than five months, data showed on Friday, as high sulphur fuel oil (HSFO) continued to soften this week. The hi-5, which reflects the premium of very low sulphur fuel oil (VLSFO) over 380-cst HSFO, closed above $85 a metric ton on Friday, showed LSEG data. …
Hi-5 spread widest in over 5 months as HSFO slumps Read More »
Hafnia Limited is pleased to announce the signing of a USD 715 million Revolving Credit Facility (the “Loan Facility”) on 10 July 2025 secured by a modern fleet of 32 product tankers. The facility has a very competitive margin with a tenor of seven years and an age-adjusted amortisation profile of 20 years, was established …
Hafnia Announces Signing of USD 715M Revolving Credit Facility Read More »
La iniciativa cuenta con la colaboración de los ayuntamientos de Los Alcázares, Mazarrón y San Pedro del Pinatar y busca concienciar sobre la conservación del medio marino en la Región de Murcia El Centro Oceanográfico de Murcia del Instituto Español de Oceanografía (IEO, CSIC) organiza, por segundo año consecutivo, el concurso de fotografía ‘Protege el …
En los últimos diez años se ha triplicado el número de mujeres que tienen su puesto de trabajo en el edificio de Servicios de San Diego La actuación supone ampliar el inmueble con un módulo adosado en la primera planta Infraestructuras que se adaptan a las nuevas realidades. La Autoridad Portuaria de A Coruña ha …
