Rising demand sees crude tanker finish October in stronger position
Baltic Dirty Tanker Index rises 167 points during the month
Rising demand sees crude tanker finish October in stronger position Read More »
October 2021
Australia Proposes Mandatory Lifejacket Wear for Domestic Commercial Vessels
Australia’s maritime safety regulator is seeking ways to reduce man overboard drownings, including potentially creating a rule that would require lifejackets to be worn on certain domestic commercial vessels.Since July 1, 2013, 34 incidents on…
Australia Proposes Mandatory Lifejacket Wear for Domestic Commercial Vessels Read More »
Baltic Dry Index Logs Worst Month Since January 2020
The Baltic Exchange’s dry bulk sea freight index eased on Friday and posted its biggest monthly fall since January 2020, hurt by a decline in rates across all vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and…
Baltic Dry Index Logs Worst Month Since January 2020 Read More »
Trafigura’s Bach Nielsen calls on regulators to accelerate carbon levy moves
But decarbonisation head reveals EU is considering using cash raised from shipping to fund Covid relief
Trafigura’s Bach Nielsen calls on regulators to accelerate carbon levy moves Read More »
Hapag-Lloyd raises earnings outlook to between $11.6bn to $12.6bn
German carrier follows its alliance partner ONE and projects earnings in the double-digit billions.
Hapag-Lloyd raises earnings outlook to between $11.6bn to $12.6bn Read More »