The Baltic dry index gained 131 points, or 9.6%, to 1,495, a peak since Jan. 27.
The capesize index jumped 224 points.
The panamax index advanced 175 points.
The supramax index rose 30 points.
The Baltic Exchange's main sea...
Across the various divisions at Stena exciting transformations are underway. Witness plans to become the world’s first decarbonisation exploration driller or the Stena Elektra, a futuristic looking hybrid ferry, says an article published in splash247.
Exciting Transformations are Underway
Over at...
Non-scrubber fitted tankers in the red on key routes.
Widening HSFO discount to LSFO may revive scrubber market.
Rising LSFO prices to push up demand for HSFO.
A Platts news article written by Sameer C Mohindru highlights how only...
Pacific Basin has added another ultramax to its fleet according to brokers, says an article published in Splash247.
The Ultramax Vessel
The Hong Kong shipowner has been named by Intermodal and Advanced Shipping & Trading as the buyer of Oshima-built (2011)...
Contract rates as measured by the 23-year-old China (Export) Containerized Freight Index (CCFI) have risen faster than ever recorded putting containerlines on course to register improved profits this year, even over 2020’s stellar performance, reports Splash247.
Lengthy Contracts
However, latest data...
Samsung Heavy Industries said Monday that it has signed a 781 billion won ($707 million) deal to build five liquefied natural gas (LNG)-fired container carriers, says an article published in Korea Herald.
Emailed Statement
Under the deal with an Asian company,...
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.
The index is reported every Friday (except Chinese holidays) at 1600 (Beijing).
Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping...
Eneti (formerly Scorpio Bulkers) has sold five of its dry cargo vessels for approximately US$88 million, says an article published in Baird Maritime.
About the sale
The objects of the transactions are the Ultramax vessels SBI Thalia (pictured), SBI Athena, SBI...
Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that it has entered, through two separate wholly-owned subsidiaries, into agreements to purchase two 2005 Korean-built Aframax LR2 tankers from an unaffiliated third-party seller...
Eagle Bulk Shipping Inc. has purchased three 2011-built CROWN-58 Supramax bulk carriers for a total of USD 21.15 million and 329,583 common shares of Eagle, reads the company press release.
Supramax trio acquisition
The ships, which will be renamed the M/V...
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