Falling Vessel Rates Push Baltic Dry Bulk Index to Fresh Low
The Baltic Exchange's dry bulk freight index fell to a more than one-month low on Wednesday, weighed down by a decline in Capesize rates, while Panamax rates also weakened.
freight
Stena Line Orders Two New Hybrid Ferries for Sweden-Denmark Route
Stena Line has placed an order for two new hybrid Ro-Pax ferries in a series for delivery beginning in 2030. The 214.5-metre-long vessels will belong to the same series as Stena Estelle, which was delivered in 2022 following completion at…
Brittany Ferries Charters Ro-Pax Vessel for France-Ireland Service
Brittany Ferries has chartered the Ro-Pax vessel Wexford to operate on its route connecting Cherbourg and Rosslare. Currently sailing under the name Vizzavona, the ship will replace the chartered freight vessel Norbay starting in March 2027.The French-flagged ferry will be…
Baltic Dry Bulk Index Finishes Week Lower Despite Late Capesize Surge
The Baltic Exchange's dry bulk freight index gained on Friday as Capesize vessel rates strengthened, but the benchmark still posted a weekly loss. The main Baltic index rose 34 points, or one per cent, to 3,370 points.
Larger Vessels Drag Baltic Dry Bulk Index Down
The Baltic Exchange's dry bulk freight index fell on Thursday, hurt by weaker rates across larger segments. The main Baltic index fell 99 points, or 2.7 per cent, to 3,521.
Hapag-Lloyd Vessel Makes Suez Canal Transit
In a significant reversal of its Red Sea policy Hapag-Lloyd sent a service through the Suez Canal last week as global freight demand continues to rise