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Reporting archive

Baltic Index falls for fourth session, touches late August low

The Baltic Index, a benchmark for dry bulk freight, fell 0.7% to 2,973 points on Tuesday, its fourth consecutive decline and the weakest level since late August, with capesize rates down sharply and panamax and supramax nudging higher.

Tight prompt bunkers in ARA as B100 demand rises in Rotterdam

Sources indicated on 7 October 2026 that prompt bunker availability in northwest Europe is tight, buyers are advised to allow five to seven days for deliveries and Rotterdam has seen increased demand for B100 as it trades below LSMGO.

Bargaining stalls at Korea's shipyards as Hanwha Ocean confronts multi-union contest

Sources indicated on 7 October 2026 that wage and collective agreement negotiations at South Korea's three largest shipbuilders are progressing unevenly: Samsung Heavy Industries concluded talks on 23 September 2026, while HD Hyundai Heavy Industries and Hanwha Ocean remain in discussion, the latter contending with multiple unions.