Baltic Dry Index Edges Higher
The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, was up for a second session on Monday, rising about 1% to 1,780 points. The capesize…
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The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, was up for a second session on Monday, rising about 1% to 1,780 points. The capesize…
Lire la suite →Libyan Prime Minister Abdul-Hamid Dbeibah announced on Saturday the signing of an oil agreement with two foreign companies, with the investments exceeding 20 billion U.S. dollars. In a post published…
Lire la suite →Britain’s economy is showing clearer signs of life after months of uncertainty, with business confidence improving and consumers becoming slightly less pessimistic. The shift follows finance minister Rachel Reeves’ annual…
Lire la suite →Fleet renewal measures announced by Frontline and CMB.TECH this week suggests that crude tanker companies are focused on having a modern and fuel-efficient fleet. This is despite the NZF (Net-Zero…
Lire la suite →Methane slip in marine vessels is the small amount of methane gas that doesn’t burn in the engine and instead ‘slips’ out into the atmosphere. Methane slip is a challenge…
Lire la suite →Seafarers continue to face serious mental health challenges following encounters with maritime piracy, according to Mental Health Support Solutions (MHSS), member of OneCare Group. Clinical Psychologist at MHSS, Alexander Dimitrevich,…
Lire la suite →Below is a brief overview of some of the significant outcomes from SDC 12: • Draft Guidelines on Remote Inspection Techniques (RIT) A new set of draft guidelines on the…
Lire la suite →Baker Hughes Company BKR announced results today for the fourth-quarter and full-year 2025. “Baker Hughes delivered exceptional performance in 2025. We continued to execute at a high level, delivering another…
Lire la suite →Germany’s economy is expected to grow by 1% in 2026 following three years of stagnation, according to a forecast released Monday by the German savings banks association DSGV. “A moderate…
Lire la suite →China’s dry bulk market usually fades into the Lunar New Year, yet the first three weeks of 2026 are doing the opposite Source: Xclusiv Shipbrokers Inc.
Lire la suite →Weathernews Inc. has issued a stark warning to the global shipping industry, noting that the major strides made in vessel efficiency over the past decade are increasingly being cancelled out…
Lire la suite →Economic growth prospects in China and India is expected to boost demand for South African commodity exports this year although resurgent logistical constraints impacted coal and iron ore in November,…
Lire la suite →Leschaco announces the appointment of Emile Goossens as Chief Financial Officer (CFO) effective April 1, 2026. Emile Goossens succeeds Interim CFO Lutz Weber, who concluded his mandate at the end…
Lire la suite →On January 24th, during the Libya Energy & Economy Summit in Tripoli, Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies signed an agreement extending the Waha Concessions up to…
Lire la suite →Total global iron ore shipments from major ports fell to a three-week low in the week ending January 18, 2026. This decline is attributed to weakening freight market fundamentals and…
Lire la suite →Japanese issuer credit profiles remain robust despite the recent surge in government bond yields and yen volatility, Fitch Ratings says. The country’s deep financial system and resilient institutional investor base…
Lire la suite →India’s crude oil sourcing strategy has shown a clear shift toward lower-risk and more execution-reliable supply, with the Middle Eastern barrels gaining share as Russian crude flows remain present but…
Lire la suite →As profits return to Korea’s shipyards after years of stagnation, so has an old fault line. A dispute over performance bonuses is exposing persistent inequalities between full-time workers and the…
Lire la suite →Noble Corporation plc announced new contract awards for 9 rigs comprising approximately $1.3 billion of backlog, including a three-year contract for the harsh environment semisubmersible Noble GreatWhite, which will expand…
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If there was a sense of panic gripping European leaders at last week’s conclave of elites at the World Economic Forum, they could be forgiven a moment of relief as…
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