Economy
Slight Decrease in the Baltic Dry Index
The Baltic Dry Index decreased by 0.1% to reach 3430 points. Additionally, the Capesize Index fell by 0.5% to 5861 point...
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Oil and Petrochemicals
Increase in VLCC Tanker Freight Rates Due to Global Market Changes
VLCC tanker freight rates have reached new highs due to changes in oil supply and demand. Developments in the Persian Gu...
Economy
China's Steel Exports Decline and Increasing Challenges in the Global Market in Q4 2026
China's steel exports will face new challenges in the fourth quarter of 2026. China's share of the global steel market i...
Oil and Petrochemicals
Stability of Freight Rates in the Fujairah Oil Field in Week 39 of 2026
Freight rates in the Fujairah oil field, after a sharp increase to 800 WS in recent weeks, have reached a state of equil...
Exclusive Report
New Report on the Progress of the Maritime Transport Industry Towards Zero Carbon Goals
A new report on the advancements of the maritime transport industry towards zero carbon goals by 2030 has been released,...
Economy
Launch of New Handysize Futures Contracts on SGX and EEX
The Baltic Exchange announced the launch of new Handysize futures contracts on the SGX and EEX exchanges. These contract...
Oil and Petrochemicals
Fuel Shortage in Europe and Africa Due to Increased Demand
The fuel supply shortage in various regions of Europe and Africa is evident in September 2026 due to increased demand. B...
Economy
Pascal Dubois Emphasized the Need to Change the Marine Insurance Approach to Prevention
Pascal Dubois, Chairman of the Loss Prevention Committee of the International Union of Marine Insurance, emphasized the...
Exclusive Report
Swan Defense and Heavy Industries Has the Capacity to Build VLCCs
Swan Defense and Heavy Industries, possessing the largest dry dock in India, has the capability to construct Very Large...
Oil and Petrochemicals
Saudi Arabia Denies Purchase of 25 Oil Tankers
Saudi Arabia, while rejecting the claim of purchasing 25 oil tankers, attributed the increase in transportation costs of...
Technology
NorthStandard's Partnership with SGM Technology to Combat GNSS Disruptions
NorthStandard has partnered with SGM Technology to offer the PntGuard™ platform to its members. This platform helps vess...
Technology
HJ Shipbuilding Signs Contract for Construction of Four 10,100 TEU Container Ships
HJ Shipbuilding & Construction has signed a contract worth 678.9 billion won for the construction of four container ship...