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Baltic index marks first yearly gain in three on China iron ore demand
The Baltic Exchange’s main sea freight index posted its first annual gain in three years on Thursday as iron ore shipments to China bounced higher, despite a hit to shipping activity due to the coronavirus pandemic.
Baltic index marks first weekly gain in seven weeks
The Baltic Exchange’s main sea freight index rose on Friday and registered its first weekly gain in seven, buoyed by improving rates for all vessel segments.
Dry Bulk Market: Capesize Segment Still Under Pressure
Capesize
The Capesize market continued to decline this week, albeit at a more gradual pace, as tonnage demand has become lacklustre to close out the year. The end of
Baltic index slips as capesizes dip for seventh straight session
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday as the capesize segment extended its losing streak to a seventh straight session.
Total joins the Sea Cargo Charter, as industry giants commit to transparent reporting of shipping emissions
The Sea Cargo Charter sets a new benchmark for responsible shipping, transparent climate reporting, and improved decision making in line with United Nations decarbonization targets.
MABUX: Bunker market this morning, Oct.01
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) demonstrated downward changes on Sep.30:
Baltic index clocks second monthly gain as capesize rates improve
The Baltic Exchange’s main sea freight index rose on Wednesday, marking its second straight monthly gain, as rates for capesize vessels climbed higher on improved iron ore demand from China.
