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The dry bulk market continued to move higher this past week amid higher iron ore, grain and coal volumes.
The Capesize 5TC rate of Baltic Exchange spot rate averages across five key routes rose 88% over the past seven days to $9,910 per day on Friday, marking its highest level since mid-January.
Rio Tinto on Thursday leased two unnamed Capesizes to ship 170,000 tons of iron ore from Dampier, Western Australia, to Qingdao, China for $7.30
67 people safely evacuated from cruise ship after engine room fire in Alaska.
Radical Proposals to Decarbonize Shipping Industry Presented at IMO Meeting
MOL appoints first female captain to promote diversity in maritime industry.