RECENT NEWS

Baltic Dry Index Rises Further to Near 1-Week High

Baltic Dry Index Rises Further to Near 1-Week High

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a second session on Tuesday, rising about 1.9% to a near one-week high of 2,593 points. The main support came from the bigger-size segment. The...

Shipping: More Newbuilding Contracting This Week

Shipping: More Newbuilding Contracting This Week

Anumber of newbuilding orders were reported over the past week. In its latest weekly report, shipbroker Banchero Costa commented that “newbuilding activity this week was broad-based, with significant contracting across the container, tanker, bulk carrier and gas...

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