Baltic Dry Index Jumps to Nearly Two-month High as Capesize Spot Rates Spike

Seeking AlphaJul 1 20:03 ET

Glimmer Of Hope Despite Challenges In Global Shipping Environment

The World Trade Organisation (WTO) revised its forecast for global trade volume growth to 2.6% from an earlier 3.3%, citing reduced water levels in the Panama Canal due to severe drought conditions.

Business TodayJun 29 00:36 ET

12 Industrials Stocks Moving In Monday's Intraday Session

GainersSilynxcom (AMEX:SYNX) stock rose 31.7% to $3.41 during Monday's regular session. The company's market cap stands at $17.9 million. Castor Maritime (NASDAQ:CTRM) stock increased by 13.51% to $4.

BenzingaJun 17 12:31 ET

Express News | Shares of Shipping and Tanker Stocks Are Trading Lower Amid Reported Hopes of an Israel-Hamas Ceasefire, Which Could Ease Red Sea Uncertainty and Pressure Freight Rates

BenzingaJun 11 13:06 ET

Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Horizon

Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the“Company”), a diversified global shipping company, announces that on May 28, 2024, it completed the previously announced sale of the M/V Magic Horizon, a 2010-built Panamax bulk carrier vessel, for a price of $15.8 million, by delivering the vessel to its new owner.

Castor MaritimeMay 28 00:00 ET

Recovery in global commodity trade pushes up shipping charges and resurgence of tight supply chains

The catalyst for the month-long rise in sea freight rates came more from concern than optimism, including concerns about Asian port congestion, North American labor strikes that could hinder port or rail services, and heightened geopolitical tension.

Zhitong FinanceMay 27 07:34 ET