The Baltic Dry Index fell 85 points, or 2.47%, to 3,360 — its lowest level since Sept. 2 — as weaker large-vessel freight pushed the benchmark lower. The capesize index (BCI) slid 225 points, or 3.8%, to 5,687; capesize daily earnings dropped $2,047 to $48,072. The panamax index (BPI) fell 29 points, or 1.2%, to 2,364; panamax daily earnings declined $264 to $21,276. The supramax index (BSI) rose 11 points, or 0.6%, to 1,736. The handysize index (BHSI) gained 6 points to 948.

Barclays raises target price for Italy's oil major ENI to €30.5 from €29.5.

The U.S. Coast Guard confirmed U.S. military and FBI personnel boarded the foreign-flagged VL Prosperity on Aug. 21 after signs the ship’s network had been compromised. The VL Prosperity, a very large crude carrier now near Galveston, Texas, reported no operational disruptions or casualties; its captain, crew and shore staff are cooperating with investigators. The Coast Guard said it is coordinating with port operators, the vessel owner and local maritime stakeholders to ensure port operations continue safely and without interruption. Iran’s Mehr news agency reported in late August that the VL Prosperity suffered a 30-hour communications blackout after a cyberattack in the Strait of Gibraltar.