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Higher rates for smaller vessels lift Baltic index

The Baltic Exchange’s main sea freight index has recently edged higher as gains in the Panamax and Supramax vessel segments offset lower capesize rates, Reuters reports.


Coronavirus hits global shipping

Sea freight transport, the lifeblood of trade and a bellwether of the global economy, has been blown off course by the COVID-19 outbreak, sparking general alarm.

More Shipping news

US ambassador visits Port of Liverpool

Liverpool’s importance in the future of transatlantic trade has received an important endorsement with a visit from the US ambassador to the UK to discuss commercial opportunities.

Optimarin secures fleet agreement with DOF

Optimarin, a ballast water treatment company (BWT), has signed a fleet agreement with DOF for the installation of 16 Optimarin Ballast Systems (OBS), with an option to extend the contract to 50 vessels in total across a range of advanced PSV, Subsea and AHTS vessels.