June 21, 2026
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Baltic index declines as capesize rates fall

July 16, 2024 International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged lower on Monday as rates for capesize vessels declined. The overall index, which factors in

Gujarat Pipavav Port’s total container volume down 17.08% in Q1, dry bulk volumes fall 18%

July 6, 2024 Container, Dry Bulk Shipping, Ports, Trending News
PIPAVAV : Gujarat Pipavav Port, on Thursday, announced a 17.08% year-on-year (YoY) decline in its container volumes for the first quarter of fiscal 2025 at 1.65 lakh twenty-foot equivalent units (TEUs). The company reported

Dry Bulk Market: Freight Rates and Ships’ Prices on the Rise

July 5, 2024 International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
ATHENS : The dry bulk market is witnessing a “euphoria” phase of past times, with freight rates and asset prices on the rise over the past few weeks. In its latest weekly report, shipbroker

Baltic dry bulk index logs best week in more than two months

May 13, 2024 International Shipping, Dry Bulk Shipping, Global Trade, Trending News
LONDON : The Baltic Exchange’s main sea freight index marked its best week in more than two months on Friday, despite a daily decline attributed to weakness in capesize vessel segment. The overall index,

Pacific Basin leads the largest adoption of graphene-based coating in the dry bulk segment

March 29, 2024 International Shipping, Dry Bulk Shipping, Shipping Line, Technology, Trending News
HONG KONG : In a proactive move towards energy efficiency and environmental sustainability, Pacific Basin, a leading dry bulk shipping company, has decided to apply a sustainable graphene-based propeller coating, XGIT-PROP, across its entire
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