Capesize The Capesize market experienced a week of two halves, with steady gains early on followed by a loss of momentum as sentiment turned softer. The BCI 5TC opened at $23,453 on Monday, peaked midweek at $24,252, before slipping and closing the week at $23,216. Firm demand in the Pacific, where miners remained active, supported …
Dry Bulk Market: Capesizes Had a Week of Two Halves Read More »
The marine shipping industry has always been at a critical juncture, or so every panel and white paper from the past decade has claimed. But for most terminals, pressure isn’t new. What is new is the widening gap between the expectations of digital transformation and the day-to-day reality on the ground. Automation, AI and digital …
Digital Readiness: Bridging Innovation with Real-World Terminal Operations Read More »
Despite detailed IMO recommendations setting out safety precautions for fumigating vessels’ cargo holds, casualty investigations continue to reveal critical gaps in training, gas monitoring, and risk awareness – leaving crews exposed to life-threatening hazards during in-transit fumigation. Fumigating cargoes in vessel holds is essential to ensure products arrive free from infestation and in good condition. …
Beware of in-transit fumigation risks Read More »
To mark World Mental Health Day, The London P&I Club has funded one full day of Stella Maris’ UK operations, supporting the charity’s work in providing practical, spiritual and emotional support to thousands of seafarers every year who are struggling with stress, loneliness, exhaustion, bullying or exploitation. The Club’s contribution covers the costs of the …
In its latest weekly report, shipbroker Banchero Costa said that “global seaborne LNG trade was increasing gradually until 2023. However, in 2024 there was no growth at all, with shipment volumes down -0.1% y-o-y at 408.3 mln t. 2025, on the other hand, saw a rebound, with global exports increasing by +4.6% y-o-y to 317.2 …
LNG Shipping: Qatar’s Exports on the Rise Read More »
This week’s analysis examines evolving dirty freight and supply trends across the AG, WAFR, and Mediterranean, alongside a notable acceleration in outbound crude volumes from Saudi Arabia, the United States, and Russia. Seaborne oil exports rose 10.4% year-on-year in September, the sharpest annual gain since early 2023, as shipments from Saudi Arabia, Russia, and the …
Saudi, U.S., and Russian crude flows drive tanker momentum Read More »
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 inevitable slowdown, pushing the full impact of restrictive trade policies into 2026. While global merchandise trade volume is now forecast to grow by 2.4% in …
Kicking trade issues down the road Read More »
Warnings, advisories and piracy incidents in the Indian Ocean Area by the UKMTO in the past week. Source: UKMTO (United Kingdom Maritime Trade Operations)
UKMTO Weekly Piracy Report 04 – 10 October 2025 Read More »
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 transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry …
Baltic Dry Index climbs to 1936 up 13 points Read More »
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 is once again testing shipping markets, with Washington’s planned port fees on Chinese-linked tonnage due to come into effect on October 14. The measures are …
Shipping Caught in the US-China Trade Tensions Read More »
