Baltic Index Gains as Capesize Rates Rise

Baltic Index Gains as Capesize Rates Rise
The Baltic Exchange’s dry bulk sea freight index rose on Thursday, supported by gains in the capesize vessel segment. The index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 24 points to 1,451 points. The capesize index rose 102...
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Ammonia dual-fuel box ship design earns class nod

Ammonia dual-fuel box ship design earns class nod
Industry heavyweights have collaborated on the design of a 15,300-TEU ammonia powered dual-fuel container ship. South Korean shipbuilder HD Hyundai Heavy Industries (HHI) is partnering with classification society Lloyds Register (LR) to address challenges associated...
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