On March 26, the Francis Scott Key Bridge in Baltimore collapsed after being struck by a containership operated by AP Moeller Maersk A/S on an international route between the US east coast and…
For all its ailments and splits, the world economy at large appears to have found a post-pandemic growth plateau – perhaps arguing against hyper-active monetary policy from here, but pulling investors into the…
The Baltic Exchange’s main sea freight index fell for a second straight session on Wednesday, pressured by losses in the larger capesize and panamax vessel segments. The overall index, which factors in rates…
Russia will increase oil exports through its western ports in March by almost 200,000 barrels per day (bpd) against the monthly plan to 2.15 million bpd, and market participants expect a further increase…
Cash premium for very low sulphur fuel oil slipped further to a seven-week low in Asia on Monday as lower-priced offers emerged. The premium dropped to $3.44 a metric ton, extending declines to…
The Baltic Exchange’s dry bulk sea freight hit a more than two-month high on Monday, on robust demand across all vessel segments. The overall index .BADI, which factors in rates for capesize, panamax…
The Baltic Exchange’s dry bulk sea freight index strengthened to hit an over two-month peak on Friday and posted a weekly gain, as rates across all vessel segments pushed higher. The overall index,…
Grain ships originating from the Black Sea or bound for Iran are about the only ones still sailing through the Red Sea as Houthi militants continue to attack vessels in the area, analysts…
Russia’s Sakhalin Energy is offering 12 LNG cargoes a year to Chinese buyers for a term period of three to five years starting August, industry sources said. The price of the tender, which…