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The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a one-month low on Wednesday, as rates declined across capesize and panamax vessel segments. The main index slipped to its lowest point since June 3, easing 15 points, or 1%, to 1,443 points. The capesize index dropped ...

Clarksons Research have today released their mid-year review of shipping markets. With shipping often at the “frontline” of uncertain geo-political dynamics, understanding underlying market trends has often been “tricky”. Our cross-market day rate tracker the ClarkSea Index softened “only” 5% y-o-y in 1H to $24,101/day, but, container aside (+79% y-o-y), tankers (-33%), bulkers (-31%) and ...

The three selected nominees for the DEI-Award 2025 have now been announced. It is a strong field from which the winner will be chosen. The award is presented to a shipping company or an individual in the shipping industry, who has made a special effort to promote diversity, equality, and inclusion (DEI). This year marks ...

“During the first half of 2025, US seaborne grain shipments increased 9% y/y, driven by stronger maize exports. While an increase in import tariffs led to a 57% y/y drop in volumes to China, the US has been able to find alternative markets for most of its cargoes,” says Filipe Gouveia, Shipping Analysis Manager at ...

The International Maritime Organization (IMO) is taking action to ensure that ships worldwide are safely managed and operated, with a renewed focus on seafarer issues such as work and rest hours, fatigue, and violence and harassment, including sexual harassment, bullying and sexual assault. Meeting in London for its 110th session (18 – 27 June), the ...

BHP has signed contracts with COSCO Shipping Bulk Co., Ltd., a subsidiary of COSCO shipping Group (hereafter “COSCO Shipping”) for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers. The new vessels to be built under this arrangement will be two of only a handful of vessels in the world capable of using ammonia as ...

Rates for shipping containers from east Asia and China to the US will continue to face downward pressure on capacity increases to the major trade lane. Market intelligence group Linerlytica said on Tuesday that carriers have not been able to scale back the large capacity influx introduced on the route since the end of May, ...