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Chinese coal traders are halting purchases of Australian coal and coking coal as clearing times through China’s customs have at least doubled to 40 days or more.
Banks, money managers and other derivatives traders based in the European Union won formal approval to use U.K.-based clearinghouses in the event of a no-deal Brexit
As Chinese trade policies will have an impact on iron ore and coal trades
The Port of Great Yarmouth has taken delivery of a new state of the art crane giving it greater capabilities to handle larger cargoes on the east coast.
On Friday 15th February 2019, Vale announced there was a fire affecting a conveyor belt system at its distribution centre in Malaysia.
Just as trucking spot rates are hitting two-year lows, ocean shippers are seeing rates hit similar lows amid a slowdown in China and upheavals in bulk commodity trade.
Despite the focus on Vale and reduced Brazil exports, there were signs of further demand this week that checked further falls.
Russia’s second-biggest bank VTB is buying one of the biggest grain terminals at the Black Sea Port of Novorossiisk...
China’s exports unexpectedly returned to growth in January after a shock decline the previous month, while imports fell much less than expected, but analysts said the strength was likely due to seasonal factors...
During the mining and subsequent storage of bauxite, a sedimentary rock for the production of aluminium oxide, a lot of dust is thrown up, which is a major challenge especially for the moving machine parts of the conveyor units.
The euro zone economy slowed as expected year-on-year in the last three months of 2018 as growth in Germany came to a halt and Italy slipped into recession...
The Suez Canal Authority (SCA) pays more attention to its users best interest, and has recently taken steps towards being the safest, most secure, most reliable and most competitive compared to other routes.
U.S. Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the world’s two largest economies try to iron out an agreement to resolve their trade dispute.
National Australia Bank raised its forecasts for iron ore and metallurgical coal prices citing mine closures in Brazil for the former and constraints on both Australian exports and Chinese imports for the latter...
Major shipbuilder Royal Bodewes builds vessels in the 1,500–12,500dwt range.
There was no report of abduction of crew in the Sulu-Celebes Seas and waters off Eastern Sabah; and no hijacking of ships for theft of oil cargo reported in January 2019
On 25 January 2019 it happened again. Just three years and two months after Samarco’s tailings dam failed, the world’s largest iron ore producer, Vale, saw one of its tailings dams collapse in Brazil.
China’s iron ore and steel futures retreated on Tuesday from record highs hit in the previous session, as speculators sold positions amid trade concerns between Beijing and Washington.
Hyundai Heavy Industries Co., the world’s largest shipyard by sales, is set to buy its smaller local rival Daewoo Shipbuilding & Marine Engineering Co.
Freight rates in the Black and Azov Sea regions are sliding amid high prices in Russia, sources said.
To assist the shipowner, The Swedish Club has cut through the chatter and obtained expert advice from a leading marine engineering consultancy and from experts in contract law.