• 2017 April 20 09:14

    Baltic Dry Index down to 1,278 points

    On April 12, 2017, the Baltic Dry Index fell to 1,278 points, down 16 points (-1.24%) against the level of April 13.

    BDI is a number issued daily by the London-based Baltic Exchange. Not restricted to Baltic Sea countries, the index provides "an assessment of the price of moving the major raw materials by sea. Taking in 23 shipping routes measured on a timecharter basis, the index covers Handysize, Supramax, Panamax, and Capesize dry bulk carriers carrying a range of commodities including coal, iron ore and grain. Because dry bulk primarily consists of materials that function as raw material inputs to the production of intermediate or finished goods, the index is also seen as an efficient economic indicator of future economic growth and production. 


2018 March 23

18:07 World's largest modularized cracking furnace delivered from Wison Zhoushan Yard
17:59 UCL Holding companies performed a unique joint project on delivery of oversize cargo (photo)
17:32 Port of Antwerp pushes ahead with onshore power for ships
17:20 IMO Tier III certification for MTU marine engines from Rolls-Royce
17:18 ABS leads industry discussion on impact of 2020 sulfur cap, cybersecurity and digitization
16:17 WMU contributes to Marine Spatial Planning Training
15:39 Vladimir Putin wins presidential election in Russia with 76.69% of votes
14:46 Court approves amicable agreement in the case on allision of Delta Pioneer tanker with a pier at Primorsk port
14:24 Work to address maritime security challenges in Africa’s maritime zones underway at a regional workshop
14:23 Samskip starts container service between Amsterdam Container Terminal and Hull
13:58 International organizations join forces in the fisheries sector
13:32 New addition to DNV GL’s Veracity platform promises to raise drilling efficiency by offering digital solution based on data from 80 000 wells
13:02 Wärtsilä to ensure the continuous operations of Hidrovias Group’s pusher tugs in South American rivers
12:35 Diana Shipping announces time charter contract for m/v New Orleans with SwissMarine
12:10 BMT teams with BAE SYSTEMS and CAMMELL LAIRD to deliver additional Type 45 Power Generation
11:49 29 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on March 22-23
11:30 TechnipFMC and Magma Global to enter into a strategic collaboration agreement for hybrid flexible pipe
10:55 BMT and ARES to deliver a further 9 vessels for the Qatari Coastguard
10:44 Port of Rotterdam Authority invests in Port railway line capacity expansion
10:20 Brent Crude futures price up 0.93% to $69.55, Light Sweet Crude – up 1.09% to $65
09:59 Port of Rotterdam Authority starts construction of Container Exchange Route
09:37 Bunker prices continue surging at the Port of Saint-Petersburg, Russia (graph)
09:16 Baltic Dry Index is flat at 1,117 points

2018 March 22

18:18 Global fuel market to remain relatively stable next week, expert says
18:03 Port of Klaipeda (Lithuania) handled 7.25 million tonnes of cargo in 2M'18, up 6% Y-o-Y
17:45 Transas to return all funds received under state support programme in 2016-18
17:12 Germany based firm offers AIS vessel management tracking systems preventing IUU fishing
16:51 Investments of Tuapse Sea Commercial Port in production development totaled RUB 343 million in 2017
16:30 Rolls-Royce completes the £1.3 million MAXCMAS research project
15:59 Nitrogen deposition in the oceans needs further study
15:30 Acta Marine newbuild successfully completed sea trials
14:30 APL starts new India Pakistan Express 2 Service
14:04 RF Transport Ministry defines procedure for approval of widespread minerals production at Russia’s IWWs
13:33 Open simulation platform launches with new partners
13:12 Volga Shipping Company named “Industry Leader” in “Cargo Shipping Company” nomination
12:58 Wärtsilä Seals & Bearings joins the Green Award scheme in support of clean environment
12:48 WMU Board of Governors meets in Turkey
12:25 MAN Diesel & Turbo partners with Hyundai to build new test-engine facility in Ulsan
12:00 Workshop on prevention and control of shipping and port air emissions being developed as part of GloMEEP-IAPH partnership
11:36 19 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on March 21-22
11:21 Russian Trade and Economic Development Council sign MoU to further strengthen commercial ties with Abu Dhabi Ports
11:14 Bunker prices are flat at the Far East ports of Russia (graph)
10:53 The Maritime Standard announces a special discount for the 2018 Awards
10:27 Brent Crude futures price up 0.01% to $69.48, Light Sweet Crude – up 0.09% to $65.23
10:05 Ukraine’s water transport carried 1,000 passengers in 2M’18, down 64.7%, Y-o-Y
09:41 Cargo transportation by Ukraine’s water transport grew by 41.2% to 0.3 million tonnes in 2M’18
09:19 Baltic Dry Index down to 1,117 points

2018 March 21

18:29 Wight Shipyard wins second order for fast ferry duo from Mexican ferry operator
18:16 Dorian LPG announces third Japanese financing
18:14 GasLog Partners LP announces acquisition of GasLog Gibraltar for $207 million and repayment of intercompany loan
18:04 ABP South Wales achieves new ISO 9001:2016 standard for bulk handling operations
17:42 Port of Gdansk to breathe new life into Dworzec Drzewny Quay
17:20 ABB wins contract to equip two next-generation shuttle tankers with future-proof solutions
17:13 Finnlines decides to exercise the options to lengthen two more ro-ro vessels
17:03 Throughput of Chinese ports up 4.7% to 1.45 billion tonnes in 2M’18
16:39 Pavel Bezmaternykh elected as Director of Eastern-Siberian Inland Navigation Company
16:18 Port of Gdansk overhauls its quays
16:00 Novikombank provides a $100 million loan to STLC
15:47 Huntington Ingalls names two vice presidents
15:21 Gulf Island Fabrication secures contracts for two specialized vessels