China’s top market regulator said on Sunday it was paying close attention to CK Hutchison’s planned sale of most of its port operations to a BlackRock-led consortium and parties to the deal should not try to avoid an antitrust review.The sale by the Ho…
China Watching CK Hutchison Ports Deal Closely Read More »
The death toll from a powerful explosion at Iran’s biggest port of Bandar Abbas has risen to at least 40, with more than 1,200 people injured, state media reported on Sunday, as firefighters worked to fully extinguish the fire.Saturday’s blast took pla…
Death Toll from Blast at Iranian Port Rises to 40 Read More »
The USTR proposal with introduces charges against Chinese owned, built or operated vessels, is expected to lead to an extensive tanker fleet repositioning, mainly for the dirty tanker trade, as clean tankers aren’t affected, due to their smaller sizes….
Tanker Fleet Repositioning on the Cards After USTR Proposal Read More »
Capesize The Capesize market showed a clear upward trajectory this week following a subdued start due to the Easter holidays. The BCI 5TC rose steadily, closing the week at $15,667, up from $13,774 on Tuesday. In the Pacific, sentiment improved signifi…
Dry Bulk Market: Capesizes March to Higher Ground Read More »
Through our dry bulk flow tool, we have identified changing trends in iron ore flows from Indian ports. Growing domestic demand from the steel industry and weaker demand from China have led to less iron ore leaving Indian ports so far in 2025. Fully ut…
Indian Iron Ore Exports Face Downward Pressure Read More »