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Baltic dry bulk freight index falls to lowest in over a week

Baltic dry bulk freight index falls to lowest in over a week

The Baltic Exchange’s dry bulk freight index dropped on Friday, reaching its lowest point since September 3 as weaker rates for capesize and panamax vessels pulled down the benchmark. The main Baltic index, which measures rates for capesize, panamax and supramax...

Fresh momentum for Net-Zero Framework gains

Fresh momentum for Net-Zero Framework gains

The International Maritime Organisation’s 22nd Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 22) closed in London on September 4 with negotiators signalling renewed momentum towards a final agreement on the organisation’s Net-Zero...

Tanker Market: Rates on the Rise During August

Tanker Market: Rates on the Rise During August

The tanker market rose during August, OPEC said in its latest monthly report. Dirty tanker spot freight rates were stronger in August, led by gains in VLCC rates. Spot freight rates for VLCC rose, m-o-m, across all monitored routes, recovering from the decline seen in...

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