Capesize The Capesize market saw a strong upward trajectory throughout the week, with the BCI 5TC surging from $8,620 on Monday to $15,074 by Friday, reflecting improved sentiment across both basins. The Pacific market was notably firm, driven by a tig…
Dry Bulk Market: Capesizes in Strong Momentum Read More »
The share of US imports in the global aluminium trade has been declining gradually over the past few years, while the country’s share in the global imports of iron and steel has been increasing. For any significant decline in US imports, the country wi…
U.S. metal trade dynamics: Tariffs, imports, price surge and its impact on shipping Read More »
Brazilian state-run oil firm Petrobras will commission four more support vessels by 2026, Chief Executive Magda Chambriard told Reuters, increasing the number of new ships aimed at supporting its operations to 48 by 2026.The reinforcement of…
Petrobras Ups Ship Orders to 48 by 2026 Read More »
U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in which most vessels are built in China, French-based shipping firm CMA CGM said on Friday.The U.S. Trade Representative’…
CMA CGM: US Fees on China Vessels Would Impact All Shipping Firms Read More »
Finland will release an oil tanker which investigators believe broke a Baltic Sea power cable and four internet lines late last year, and will escort the vessel to international waters even as the criminal probe continues, police said on Sunday.The Coo…
Finland to Release Tanker Suspected of Power Cable Breach Read More »