The Baltic Exchange Dry index fell 2.2% to 2,852 on Monday, its lowest level since August 21. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, tumbled 4.4% to 4,148, its lowest level since late July.

Dry Bulk Supply: Heavier Deliveries, but Ageing Fleet Offers a Buffer:

Dry bulk supply growth has remained relatively manageable over the past three years, but the market is now moving into a more challenging phase as the orderbook expands and the delivery schedule becomes heavier.

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, rose by 1.2% to its highest since September 11 at 3,473 points on Thursday.

Shell Offshore Inc., a subsidiary of Shell plc, has completed the previously announced agreement to sell its 50% non-operated working interest in the Na Kika platform and associated fields in the Gulf of America as well as its 100% owned Coulomb tieback.

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, rose by 0.3% to 3,336 points on Thursday, snapping a five-day losing streakthat pushed the index to the lowest since September 1.

Νέα γέφυρα επενδύσεων και επιχειρηματικής συνεργασίας μεταξύ Ελλάδας και Κίνας

Η Ένωση Τραπεζικών και Χρηματοοικονομικών Στελεχών Ελληνικής Ναυτιλίας (ΕΤΧΣΕΝ), σε