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BALTIC EXCHANGE
Dry-Bulk shipping rates extend decline as capesize demand coolsThis decline is attributed to cooling demand in larger vessel segments, particularly Capesizes, despite a strong first half of the year. An...- Hormuz gauntlet runner says Trump has been good for shippingDynacom Tankers Management founder George Procopiou stated that US President Donald Trump's policies have benefited the shipping industry.
- India declines Russian LNG under sanctions, talks continue on permitted cargoes, sources sayIndia has refused Russian liquefied natural gas shipments under United States sanctions. This decision comes amid energy supply concerns du...
- Russia, Ukraine trade blame for continued fighting as US-brokered ceasefire nears its endA US-brokered ceasefire between Russia and Ukraine has expired. Both nations accuse each other of violations. American and European officia...
- US oil ETF hits highest since 2015 as shipping costs surge and energy market shifts beyond oil pricesOil prices are rising fast as global tensions grow, and the US Oil ETF is hitting new highs. But the bigger story is not just oil, it is sh...
- Oil producers, shipowners in standoff over who takes Hormuz riskThis standoff highlights the extreme dangers of this vital energy route, with owners demanding unrealistic guarantees and charterers unwill...
- Fuel tanker rates are soaring on Red Sea disruptionSeveral oil product tanker companies have said they will no longer carry cargoes through the Red Sea in response to the attacks on merchant...
- Global scramble for commodities sends shipping prices soaringGrowth in bauxite, coal, and grain trades, supported by pickup in global and Chinese demand for minor ores and other bulks, will keep vesse...
- Unemployed supertankers are about to get junked on Asia’s beachesEvery five years a vessel has to undergo a special survey that costs millions of dollars, money that’s hard to find when vessels are making...
- Shipping companies shares rise after Baltic Dry Index hits 2-year highThe Baltic Dry Index is compiled by the Baltic Exchange based in London. It covers the prices for transported cargo such as coal, grain and...
- Shipping stocks struggle to generate returns despite 4-fold jump in Baltic Dry indexSince February 1, 2016, the BDI has risen 300 per cent to 1,257 till November 18. The index was at 314 on February 1.
- Fall in Baltic Dry Index raises concerns among shipping companiesBaltic Dry Index plunged to its lowest level after it touched 647 pts, nearly 20 pts lower than the previous low of 663 recorded during 200...
- Baltic Dry Index will continue to remain volatile: Siddhartha Khemka, Centrum BrokingWe have seen the index remaining very volatile in the past and it continues to remain so based on the momentary shift in demand from China.
- India seen as a major Baltex traderAs a leading global trader India should be a major player on the Baltic Exchange's central trading platform to be launched in May.
- Baltic Exchange's new index to help Indian exim tradeThe index will prove to be a very handy tool for importers, exporters and ship owners.
- 'We hope to further expand our dry market reports for the Asia region'Baltic Exchange's chief executive Jeremy Penn talks to ET Shipping & Logistics.
- Athens bourse attack reminds of BSE scarThe car bomb blast that has damaged the Athens Stock Exchange luckily seems to have only slightly injured one person.
- Shipping cos extend rally for 3rd straight day; Essar up 5%Shipping firms continued their run for the third straight session tracking recovery in the Baltic Exchange's dry sea freight index.
- Shipping firms hit as freight index for raw materials fallShares of shipping services firms were badly beaten Wednesday after the Baltic Exchange's chief sea freight index for global raw material f...
- Tata Power may buy vessels, shipping stakesTata Power Co says it may buy vessels or stakes in shipping companies to transport coal from Indonesia.
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