The benchmark Baltic Dry Index (BDI) dropped below the psychological threshold of 1,000 points on Wednesday. The index dropped 4.83% to 966 points on 8 January.

Can the dry bulk shipping market turn around from the slump in Q4 2024, or will supply of new ships out weigh demand?

Following a rollercoaster ride of a year for shipping last year where are shipping markets headed in 2025? Get the view of the experts ...

In a five-part series mid-year we take stock of shipping markets in the first six months of the year and look ahead to the remainder of the 2024 with experts Maritime Strategies International (MSI).

The ships for GEFO have been optimised to consume less fuel and produce lower emissions, which is ready for innovative fuels also, the Hamburg-based shipowner said. The newbuilds will serve to ...

In the third part of our shipping market outlook series we are focusing on the dry bulk sector with Will Fray, a Director of Maritime Strategies International (MSI). Speaking to the Seatrade ...

In the second part of our shipping market outlook series we are focusing on the dry bulk sector with Plamen Natkoff, Associate Director for Dry Bulk Commodities and Freight with Maritime ...

At the recent IMO Marine Environment Protection Committee (MEPC) it was agreed the level of ambition for reducing CII as an average across the industry would be by 40% in 2030 compared to 2008 ...

The vessels will be classified by Japanese classification society ClassNK and are due for delivery from the first quarter of 2026. Lepta Shipping and Yangzijiang Shipbuilding have established long ...

The project's builder was chosen by tender. Construction costs are estimated at $600m for the port and the administrative area at the port entrance within scope. The first pier is expected to be ...

Average rollover rates at ports surveyed by Ocean Insights increased to 37% in December and in some ports went past the 50% mark. The level of rollovers is calculated on the basis of percentage of ...