Stronger Capesize Rates Give Baltic Dry Bulk Index a Fresh Nudge
The Baltic Exchange's dry bulk freight index inched up on Tuesday, buoyed by stronger Capesize rates. The main Baltic index rose nine points, or 0.3 per cent, to 3,584.
The Baltic Exchange's dry bulk freight index inched up on Tuesday, buoyed by stronger Capesize rates. The main Baltic index rose nine points, or 0.3 per cent, to 3,584.
Freight rates for Russian oil shipments from Novorossiysk to India remain high despite a sharp correction in the Mediterranean tanker market, as many shipowners continue to avoid the Russian Black Sea port because of security risks, shipping and trading sources…
The Baltic Exchange's dry bulk sea freight index rose 51 points on Thursday to 3,107, its highest level in nearly three months, extending gains for a sixth consecutive session as rates increased across all vessel segments.
The Baltic Exchange's dry bulk sea freight index extended its winning streak to a fifth consecutive session on Wednesday, buoyed by gains across all vessels, with Capesize segment climbing to an over two-week high.
The river Rhine in Germany has risen sharply after recent rain, the country’s inland navigation agency said on Monday, with vessels able to load more freight although problems with shallow water persisted.German companies reported disruptions after Rhine water levels hit…
Eidesvik Offshore reported freight revenue of NOK204.5 million ($19.43 million) for the second quarter of 2026, up from NOK198.5 million in the same period last year.