Samsung Heavy targets 2028 for first floating AI data centre
South Korean shipbuilder expects first commercial project within two years as partnerships take shape
Samsung Heavy targets 2028 for first floating AI data centre Read More »
Samsung Heavy pins down floating data centre timeline
South Korean shipbuilder expects first commercial project within two years as partnerships take shape
Samsung Heavy pins down floating data centre timeline Read More »
Tanker Market: Venezuelan Oil Market Coming Into Play Once More
The Venezuelan market has re-entered the crude tanker trade with more robustness over the past few months. In its latest weekly report, shipbroker Xclusiv said that “the Venezuelan crude trade has moved from being a relatively narrow and politically co…
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BIMCO: Coal shipments jump 14% in June, driven by Chinese demand
“In June 2026, global coal shipments jumped 14% y/y, driven by a 41% y/y increase in coal shipments to China, as the country looked to offset weaker domestic supply and to meet higher demand from electricity generation. Since the start of the year, glo…
BIMCO: Coal shipments jump 14% in June, driven by Chinese demand Read More »
Iron Ore Surplus Builds as Chinese Steel Margins Remain Under Pressure
China’s steel market continues to show signs of softness. The National Bureau of Statistics reported crude steel production fell 2.5% year-on-year in May 2026 to 84.4 million tons, while pig iron — produced via blast furnace — declined 1.5% to 72.9 mil…
Iron Ore Surplus Builds as Chinese Steel Margins Remain Under Pressure Read More »