Tag Hellenic Shipping 2

The Baltic dry index increased 0.7% to 2,743 on Friday, its highest level since July 17. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, rose 2.1% to 4,285, its highest level since July 16. On the other hand, the panamax index, which usually...

Shipping has talked itself into a convenient, yet erroneous, belief: that headline efficiency percentages on paper tell an owner what a clean technology will deliver in the real world. In reality, a single figure quoted out of context, or a fuel saving recorded on one voyage and scaled across a...