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sea freight
Latest news regarding sea freight rates.
Nghe An: Proactively stabilizing supply and supporting businesses amidst energy market fluctuations.
The situation in the Middle East is becoming increasingly complex, directly impacting international transportation, logistics costs, and delivery schedules. In light of this, the Government...
Economy
Baltic sea freight rates fell to 2,233 points due to pressure from the Capesize vessel segment.
The BDI index fell 0.4% on March 5, 2026, as average earnings for Capesize vessels dropped $388, amid market caution ahead of China's parliamentary session.
Baltic sea freight rates reached their highest level in over two months, with Capesize vessel prices rising 3.6%.
The Baltic Dry Index rose to 2,242 points on March 3, 2026, as freight rates across the sector increased, despite pressure from geopolitical tensions in the Strait of Hormuz.
The Hormuz choke point and the Gulf mega-airports are reeling in the vortex of Middle Eastern conflict.
The US-Iran conflict is dealing a severe blow to international trade networks. The closure of numerous airspaces and the blockade of the strategic Strait of Hormuz are not only causing disruption...
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