The Baltic Exchange’s main sea freight index rose for the fourth straight session on Thursday as Capesize rates jumped. The main Baltic index rose by 13 points, or 0.49 per cent, to 2,693 points, its highest since October 13.
The Baltic Exchange's dry bulk freight index fell on Wednesday as weaker Capesize rates outweighed gains in the Panamax and supramax segments. The main Baltic index fell eight points, or 0.3 per cent, to 2,994 points, its lowest level since…
By The Maritime Executive 2026-10-07 17:10:49 Germany’s federal government made official the decision to block the acquisition of a domestic freight forwarder and logistics company by the Chinese state-controlled COSCO Group.
A review of Poten's Daily Market Report, which monitors spot freight rates on many of the key tanker trade routes, shows eyewatering numbers. Across the board, tanker rates have reached levels never seen before (see Chart 1, below).
Brittany Ferries will increase its conventional Guernsey–Portsmouth service from six days a week to daily from November 1, and introduce a passenger connection between Guernsey and Cherbourg.The winter schedule includes direct voyages as well as a triangular route through Cherbourg,…
Venezuela's oil exports declined to 1.08 million barrels per day (bpd) in September from 1.19 million bpd the previous month as traders pressed state-run PDVSA for price discounts to offset rising freight costs, shipping data showed on Thursday.Global trading houses…
