Capesize The Capesize market experienced a strong and sustained rally this week, underpinned by firm sentiment and positive momentum across both basins. The BCI 5TC surged by $5,942 to close at $25,575, driven by tightening tonnage lists and increased …
Dry Bulk Market: Capesizes Post Strong Showing This Past Week Read More »
Current global economic and geopolitical landscapes are shaped by several key uncertainties. Tensions between Israel and Iran, particularly regarding the Strait of Hormuz, pose risks to regional stability and energy supply routes. Similarly, Houthi act…
Veson Nautical Shipping Market Outlook: Q3 2025 Forecast Read More »
The escalating sanctions regime against Russia is reshaping trade flows, supporting parallel markets, and challenging traditional oversight. In yesterday’s Baltic Exchange Sanctions Policy Update webinar Jos Standerwick, chief executive of Maritime Lon…
Fine-tuning of sanctions keeps market guessing Read More »
In April, the International Maritime Organization’s (IMO) member states took a historic step by agreeing to the Net-Zero Framework (NZF) – the world’s first global emissions price for an entire industry. This was a landmark step towards decarbonising i…
The IMO Council met for its 134th session from 7 to 11 July 2025 at IMO Headquarters in London, United Kingdom (with hybrid participation). The session was chaired by Mr. Victor Jimenez Fernandez (Spain), supported by the Vice-Chair, Ms. Amane Fethalla…
Outcomes of the IMO Council, 134th session Read More »