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CHINA VESSEL BALTICS
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...
Dry-bulk shipping rates hit two-year high on capesize demandThis rise is attributed to increased demand for Capesize vessels, tightening ship supply, and disruptions in iron ore exports. The conflict...
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...
Bad weather, sanctions drive more ship-to-ship transfers of Russian oil products, data showsRussia is boosting oil product exports using ship-to-ship transfers. This method helps overcome a shortage of suitable tankers. Western san...
The definitive guide to where the US has squeezed Russia’s oil flows the hardestThe latest US sanctions on 158 oil tankers involved in the Russia trade threaten to significantly disrupt Russia's oil exports. Specificall...
Russia stepping up hybrid warfare in Baltic Sea: expertsTensions escalate in the Baltic Sea as Russia increases naval presence and suspected hybrid attacks target undersea cables and navigation s...
Russia is using more and more blacklisted tankers to move oil. And many of them are headed for IndiaSanctioned oil tankers previously idling due to Western sanctions are now resuming operations, transporting Russian crude and refined produ...
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...
China-flagged vessel in Baltics may further rupture Beijing-Europe tiesTensions between China and Europe have escalated as Finland and Estonia suspect a China-flagged vessel of damaging the Baltic Sea gas pipel...
India and China snap up Russian oil in April above 'price cap'That means the Kremlin is enjoying stronger revenues despite the West's attempts to curb funds for Russia's military operations in Ukraine....
Russia's crude flows to India take hold near unprecedented levelsAs China emerges as the only market for crude shipped from ports on Russia’s Pacific coast, India has rapidly become the largest purchaser ...
Chinese ports choke over 'zero tolerance' COVID-19 policyLeading international shipping groups have warned their clients of delays and route adjustments.
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...
Optimistic on future growth on indication from Baltic Dry Index: Anoop Kumar Sharma, SCI"The dry segments are seeing good growth in last one month; container sector is still ailing," Anoop Kumar Sharma said.
Shipping stocks rally on index surgeA near 100% rise in the Baltic Dry Index over the past three-and-a-half months has propelled a rally in the stocks of Indian shipping compa...
Rising shipping volumes bring cheer, but not many expect uptrend to lastShipment volumes, driven by an increase in iron ore import by China & economic recovery in US & Europe, saw a slight uptick in September.
Surge in Baltic Dry Index buoys shipping company stocksShipping company stocks have got a Baltic boost, with the share prices of some of these companies rising by 5%-20% in a single trading sess...
- Fall in Baltic Dry Index raises concerns among shipping companies
Baltic 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...
- Excess supply from countries like China to weigh down freight rates
Baltic Dry Index has risen 27% in the past three months, mainly due to an increase in iron-ore imports from China.
- Baltic Exchange's new index to help Indian exim trade
The index will prove to be a very handy tool for importers, exporters and ship owners.