Sectors News Results

  • Baltic index posts second straight week of gains

    The Baltic Exchange's main sea freight index rose to a three-week high on Friday and notched its second straight week of gains, led by rises in capesize and supramax segments. * The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 68 points, or about 3%, at 2,307 points.

  • Capesize propels Baltic sea freight index to over 2-week peak

    The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to a more than two-week high on Thursday, driven by gains in the capesize segment.

  • Baltic index gains 1.3% on higher rates across vessels

    The Baltic Exchange's dry bulk sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Wednesday led by gains across vessel segments. * The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 27 points, or 1.3%, to 2,142 points, the highest in more than two weeks. * The capesize index jumped 21 points, or 1.6%, to 1,363 points.

  • Baltic index falls 1% as capesize rates weaken

    The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships ferrying dry bulk commodities, eased on Tuesday as the capesize segment fell. * The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 22 points, or 1%, to 2,115 points. * The capesize index fell 139 points, or 9.4%, to 1,342 points, the lowest in more than two months.

  • LNG Bunkering Market to Advance at CAGR of 63.6% During 2021-2031, Finds TMR Study

    ALBANY, N.Y., April 18, 2022 /PRNewswire/ -- Transparency Market Research: Stricter implementation of environmental regulations and standards for marine vessels particularly on its emission to air are shaping the revenue potential of the LNG bunkering market. A number of ongoing projects on LNG bunkering system design will boost the prospects of LNG as a fuel for various containers.

  • Baltic sea freight index posts weekly gain as rates rise across vessels

    The Baltic Exchange's dry bulk sea freight index rose for a third straight session on Thursday and was set for a weekly gain, thanks to a jump in rates across vessel segments. * The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 69 points, or about 3.3%, to 2,137 points.

  • Baltic index hits 1-week high on gains in all vessel segments

    The Baltic Exchange's dry bulk sea freight index rose to a one-week high on Wednesday, steered by gains across vessel segments. * The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 33 points, or about 1.6%, to 2,068 points. * The panamax index climbed 106 points, or about 3.7%, to 2,968 points.

  • Baltic index snaps 13-session losing streak as panamax gains

    The Baltic Exchange's dry bulk sea freight index snapped a 13-session losing streak on Tuesday, as gains in panamax outweighed losses in the capesize and supramax segments. * The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, edged up 4 points, or about 0.2%, to 2,035 points. * The panamax index climbed 77 points, or about 2.8% to 2,862 points.

  • Baltic index falls for 13th day as weaker capsize weighs

    The Baltic Exchange's dry bulk sea freight index slipped for a 13th straight session on Monday, as capesize rates hit their lowest level in more than two-months. * The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 24 points, or about 1.2%, to 2,031 points, its lowest since Feb. 18.

  • Baltic index posts fourth weekly loss on dip in smaller vessels

    The Baltic Exchange's dry bulk sea freight index fell for the 12th straight session on Friday as weakness in the supramax and panamax segments outweighed capesize gains. * The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 6 points, or about 0.3%, to 2,055 points, its lowest since Feb. 28.

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