Hyundai Heavy Industries’ proposed takeover of rival Daewoo Shipbuilding & Marine Engineering Co Ltd to create the world’s biggest shipbuilder was hit with an EU veto on Thursday on concerns that the deal would hurt competition.Hyundai, one of the larg…
EU Blocks Korean Shipbuilding Merger Read More »
China’s iron ore imports dropped in 2021, down 4.3% from the previous year’s record annual high, as steel production curbs imposed to combat pollution dented demand and pulled prices of the key steelmaking material off historical highs.The world’s…
China 2021 Iron Ore Imports Retreat from Record on Steel Curbs Read More »
Vessels with coal from mines delinquent in meeting domestic quotas remain stuck for the time being
Indonesia lifts coal export ban, but strict conditions apply Read More »
Christian Ingerslev, chief executive of Maersk Tankers, says concentration on commercial management after the sale of its technical management business…
Analysts say cargoes are in high demand and the numbers will accelerate
Asia top destination for carbon-neutral LNG cargoes as volumes surge in 2021 Read More »