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The World Trade Organization’s (WTO) latest Global Trade Outlook offers up a contradictory picture of global trade, where unexpected resilience in the first half of the year has delayed an

Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operations)

Today, Friday, October 10 2025, the Baltic Dry Index climbed by 13 points, reaching 1936 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for

The shipping market has been at the forefront of the latest round of the US-China trade war. In its latest weekly report, shipbroker Xclusiv said that “the US-China trade front

Leading international maritime associations and organisations reiterate our strong support for adoption by the world’s governments at the UN International Maritime Organization (IMO) of the “Net-Zero Framework” at the critical

For some, division and divisiveness seem to have become a strategic position but, as an industry that brings together people from around the world, shipping has always thrived through collaboration.

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, is pleased to announce the expansion of its fleet through separate wholly-owned subsidiaries, which have entered

Today, Thursday, October 09 2025, the Baltic Dry Index decreased by 40 points, reaching 1923 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for

The ship recycling market was considerably weaker over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “in India, the