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When fees from the Office of the United States Trade Representative (USTR) targeting Chinese dominance of the maritime sector come into effect 14 October, 35% of ships in the combined

Heads of 7 shipping associations call for IMO adoption of the Net-Zero Framework (NZF) at the crucial vote in October. Anything else would be a major setback for the green

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to a one-week high on Wednesday, driven by stronger capesize and panamax

Today, Wednesday, October 08 2025, the Baltic Dry Index climbed by 16 points, reaching 1963 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for

Demand for second hand dry bulk carriers was high last week. In its latest weekly report, shipbroker Xclusiv noted that “this week saw heightened activity across most dry segments, led

Tanker freight rates for shipping Urals crude from Russia’s western ports to India rose further in late September and early October, tracking a sharp increase in loadings last month, industry

As the inflationary pressures on freight rates—stemming from Red Sea disruptions, front-loading and tariff-related issues—begin to ease, shippers are likely to negotiate more favourable contract rates and improved terms with

The FuelEU Maritime regulations aim to reduce greenhouse gas intensity of marine fuels through progressively stricter limits. Starting with a 2% reduction in 2025, the regulation targets an 80% reduction

Marine battery manufacturer AYK Energy has won a groundbreaking contract to power the world’s first fully electric intercontinental fast ferries between Europe and Africa. Spanish ferry operator Baleària will operate