Maritime sector officials have officially launched an initiative to accelerate the deployment of green fuels to support the global energy transition. The ‘Clean Energy Marine Hubs Initiative’ was presented today at the CEM (Clean Energy Ministerial) in Pittsburg. It is a joint pursuit by the ICS (International Chamber of Shipping), IAPH (International Association of Ports...Read More

Today, Friday 9 September 2022, the Baltic Dryness Index increased by 35 points to 1213 points.The Baltic Dry Index is compiled by the London-based Baltic Exchange and includes prices fortransported freight such as coal, grain and iron ore. This index is based on daily surveys ofagents around the world. Baltic Dry reached a tentative peak...Read More

The dry bulk market may be heading for a resurgence in the future. Shipbroker Allied Shipbroking said in its latest weekly report: Although there are strong signs that we are moving in this direction, it is still too early to endorse this idea. But what impact has all this had on the shipping market, especially...Read More