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News & Media
Insights into the commercial shipping world, Seven Oceans in the press & new technologies.


When the Route Is Gone, What Are We Benchmarking?
When the Strait of Hormuz effectively closed in March, the Baltic Exchange kept publishing TD3C. Mercuria argues it shouldn’t have. The case now before London’s High Court is narrow in its legal ask but broad in its consequences — for freight derivatives, for voyage P&L, and for every desk that used the number as a reference.
Oct 304 min read


Five Pressures. One Market.
Hormuz enforcement, US-Canada tariffs, BDI rally, Panama Canal cuts, and river drought surcharges - five pressures reshaping wet and dry freight markets this week.
Aug 254 min read


The Book Looks "Fine."
Five stages. One map. A practical guide to commercial system migration for shipowners and charterers managing voyage charters, time charters, and COAs simultaneously.
Jun 111 min read
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