BALTIC FORWARD ASSESSMENTS – THURSDAY 13 NOVEMBER 2025BFA CAPESIZE PERIOD VALUE CHANGENov 25 26,257 $/day 1,336 ↑Dec 25 26,082 $/day 1,271 ↑Jan 26 19,714 $/day 1,075 ↑Feb 26 14,800 $/day 625 ↑Mar 26 19,257 $/day 650 ↑Apr 26 21,100 $/day 271 ↑Q4 25 25,594 $/day 869 ↑Q1 26 17,924 $/day 783 ↑Q2 26 23,214 $/day…
Ports and harbours are the lifeblood of trade around the world. Every day, thousands of ships come in with commodities from all around the world. But it’s not easy to keep track of all these ships, containers, and goods. That’s where AI comes in: it makes ports smarter, safer, and more efficient. Smart Port Operations…
On the southern border with Gaza, while large-scale hostilities have temporarily subsided, we continue to await Hamas’s fulfilment of its agreement to return every murdered hostage home and turbulence persists. In the north, the Israeli Defence Forces are working tirelessly to ensure that Hezbollah cannot reconstitute its military infrastructure. Meanwhile, across the Gulf and the…
The International Maritime Organization (IMO) has taken a significant step toward decarbonizing global shipping with the development of the Net-Zero Framework (NZF). Approved in April 2025 during the 83rd session of the Marine Environment Protection Committee (MEPC 83), the NZF aims to reduce greenhouse gas (GHG) emissions from international shipping, aligning with the IMO’s 2023…
DP World and the DP World Tour today extended their long-term partnership, reaffirming a shared commitment to growing the game of golf. Under the new agreement, the largest in the Tour’s history, DP World will continue as Title Partner and Official Logistics Partner until 2035. The original agreement, which started in 2022 and saw the…
Baltic Exchange Market Report CAPESIZE The market enjoyed another solid day, with the BCI 5TC climbing by $1,315 to $26,888 as upward momentum was seen across the board. In the Pacific, all three miners were active at one stage, though one was later said to have withdrawn amid internal reshuffling. The C5 route continued its…
On November 6, the National Union of Seafarers of India (NUSI) celebrated its annual “Seafarers’ Unity Day” at the Indian Sailors Home Society (ISHS), Mumbai — a vibrant gathering that brought together seafarers, their families, maritime leaders, and union representatives in a spirited show of unity and pride. For over a century, NUSI has been…
In a landmark step for India’s maritime ecosystem, and a stride toward Atmanirbhar Bharat and Viksit Bharat, Neptunus Power Plant Services Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with the Indian Register of Shipping (IRS) at Maritime India Week 2025, an event witnessed by the Hon’ble Prime Minister of India, Shri Narendra Modi.…
Ships are huge, complicated machines that can travel across oceans for weeks or even months at a time. Maintenance is very important to keep them running safely and efficiently. But waiting until something breaks or following a set schedule for maintenance isn’t enough anymore. Artificial Intelligence (AI) and Machine Learning (ML) are changing the way…
In a significant development for India’s maritime diplomacy, Prime Minister Narendra Modi has nominated Dr. Bimal Patel as the country’s candidate for the position of Judge at the International Tribunal for the Law of the Sea (ITLOS). This nomination highlights India’s continued commitment to strengthening its presence in international maritime law and global legal forums.…