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BALTIC FLEET
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...- Russia flexes nuclear muscles as tensions rise with NATORussia is conducting large-scale nuclear drills involving thousands of personnel. These exercises include missile tests and the issuance of...
- Ukrainian drones hit Russia's Primorsk port, oil tankers and military shipsAlexander Drozdenko, governor of the northwest region which hosts the port, said more than 60 drones were downed overnight. He said the fir...
- Russian and NATO fighter jets nearly started a war in Europe — here's what happened, and it's very alarmingRussian and NATO fighter jets clashed in a tense standoff above the Baltic Sea as Estonian forces tried to board the Russian-bound oil tank...
- Freight rates for shipping Russian Urals oil to India rise in February, sources sayFreight rates to ship Urals crude from Baltic ports to India increased by around 20% in February, resulting in costs up to $8 million per v...
- NATO announces a new mission to protect undersea cables in the Baltic Sea regionNATO has launched the Baltic Sentry mission to protect undersea cables in the Baltic Sea amid rising concerns over Russian activities. The ...
- Has Russia's shadow fleet, built to evade sanctions, added sabotage to its list?Western officials are growing worried that Russia's shadow fleet, used to evade sanctions, has escalated to sabotage critical infrastructur...
- Russian navy starts drills involving 20,000 personnel, 300 shipsOn Tuesday, the Russian navy began large-scale exercises, involving 20,000 personnel and 300 ships. The drills aim to test command bodies a...
- Thousands of NATO troops join drills in strategically sensitive Baltic Sea regionNATO troops from 20 countries are participating in military exercises in the Baltic Sea region, which has become increasingly sensitive fol...
- 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...
- Why shippers hate recessions, but love crisesThe global economy and the next year outlook haven’t improved largely in that time. Instead, a series of localised crises pushed demand for...
- Don't underestimate Russia's military strength, German defence chief General Eberhard Zorn warns"The bulk of the Russian land forces may be tied down in Ukraine at the moment but, even so, we should not underestimate the Russian land f...
- India, Russian navies conduct two-day mega war game in Baltic SeaHe said the exercise was undertaken as part of the visit of Indian stealth frigate INS Tabar to St Petersburg to participate in the 325th N...
- Naval leg of Indo-Russian tri-service exercise starts in GoaA release by the Indian Navy said its ships Tarkash and Aditya, and Russian Federation Navy's Yaroslav Mudriy, Viktor Konetsky and Elnya ar...
- Essar Shipping cargo handling up 22% in FY17The company's 14-vessel fleet also grew its capacity utilisation to 94 per cent during the period, up from 80 per cent in the previous fina...
- 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...
- Recent increase in Baltic Dry Index is due to demand from China: BK Mandal, SCIThe Baltic Dry Index movement this year is nothing unusual and we cannot really read much out of this increase.
- 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...
- Russia begins trials of stealth frigate for Indian NavyRussia on Thursday commenced sea trials of the India Navy's first of the three advanced stealth frigates in the Baltic Sea.
- New Talwar class frigate for India Navy launched'Trikand' is the 3rd of the 3 stealth frigates christened by President Patil along with 'Teg' (Sabre) and 'Trakash' (Quiver).
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