Panama Canal Authority eases restrictions at strategic chokepoint amid improving rainfall
One daily neo-panamax slot returned and maximum draught increased
One daily neo-panamax slot returned and maximum draught increased
U.S. Coast Guard crews rescued at least 40 people approximately 10 miles off Mona Island, Monday, following the report of a capsized makeshift vessel.Two people were recovered deceased. Rescue efforts are still on going.Motor Vessel Tripiti…
USCG Rescues 40, Recover 2 Dead off Mona Island Read More »
While short-term Chinese iron ore demand has proved to be strong, things could turn sour after the country’s return from the upcoming public holidays. In its latest weekly report, shipbroker Intermodal said that “China’s steel sector has returned to fo…
Dry Bulk Market: China’s Iron Ore Demand Could Fall In the Coming Weeks Read More »
A&S Resources, which is developing iron ore and other mineral assets in the Central African Republic, has announced plans to develop a railway line linking its deposits with Cameroon’s Kribi port. The proposed corridor could support more than 90 mi…
Iron ore market fundamentals continued to soften as subdued Chinese steel demand kept pressure on inventories and reduced the need for additional seaborne supply. While Simandou is emerging as an increasingly important source of high-grade iron ore, st…
Steel demand softens as iron ore flows face growing headwinds Read More »