In April 2025, the IMO approved a net-zero package that combines a mandatory fuel standard with an emissions pricing mechanism.
The Turkish Shipbrokers Association concluded 2025 as a year marked by strong momentum, expanded cooperation, and initiatives that delivered tangible value to the maritime industry.
Dec 14
The Philippine Coast Guard (PCG) has deployed patrol vessel BRP Cabra (MRRV-4409) to shadow the armed China Coast Guard (CCG) ship 4305 just 35 nautical miles off Subic Bay, a close patrol near the former US naval base.
Nov 23
BDI nears highest level since 2024 The Baltic Exchange dry bulk sea freight index has climbed to about 2,275 points, the highest since March 2024 and around seven percent higher on the week, according to Refinitiv data reported by Reuters.
Nov 22Voices
The day's biggest cross-asset moves
Supramax
1,718
Handysize
934
Capesize
4,149
Dry Bulk Freight Index
2,722
Jet-kerosene (US Gulf Coast)
3.26
Gasoline (NY Harbor, conventional)
3.12
Crude oil (Brent, EIA spot)
95.3
Crude oil (Brent)
107.5
Diesel/heating oil (NY Harbor No.2)
3.48
| Vessel | DWT | Rate |
|---|---|---|
| Capesize (C5 benchmark) | 180,000 | $14.40/ton (C5) |
| Capesize (C3 benchmark) | 180,000 | $36.50/ton (C3) |
| Honorship | 180,242 | Index-linked (BCI 5TC +prem) |
| Meiship | 207,851 | Index-linked (BCI 5TC) |
| P. Marseille | 114,000 | $31,000/day |
| Vessel | DWT | $M |
|---|---|---|
| M/V Magic Jupiter | -- | -- |
| M/V Magic Saturn | -- | $41.9 |
| PRAETORIUS | 28,000 | $8.6 |
| BEETLE | 28,000 | $12.5 |
| DALARNA | 36,000 | $17 |
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