As a part of European Union sanctions against Russia, the block banned coal imports from Russia starting 10 August. About two months have passed and Russia has struggled to redirect its coal exports, with export volumes down 7.0% y/y in this period and…
Russian coal exports fall 7.0% as EU sanctions bite, tonne miles up Read More »
Talks on extending a July deal that resumed Ukraine Black Sea grain and fertilizer exports are not making much progress because Russian concerns are not being taken into proper account, Russia’s U.N. ambassador in Geneva said on Thursday.Senior…
Black Sea Grain Deal Talks Bring Little Progress Read More »
Low water levels on the Mississippi River are likely to persist this winter as drier-than-normal weather is expected across the southern United States and Gulf Coast, U.S. government forecasters said on Thursday.Drought, which currently spans 59% of th…
Dry Winter Forecast Spells More Trouble for Shallow Mississippi River Read More »
Tight vessel supply should allow spot rates to rise quickly off slight increases in demand, analyst says
Capesize bulker spot rates slide 4.5% in a day as iron ore and steel prices drop Read More »
HL D&I Halla (Halla) and Pearlson Shiplift Corp. (PSC) signed a new multimillion-dollar contract for the design and build of a Shiplift System in South Korea. Upon completion, the shiplift system will support the Korean Coast Guard in the West…
Pearlson Inks Shiplift Deal in South Korea Read More »