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South Korea’s financial regulator said Friday it will encourage private banks to increase ship financing, as part of its efforts to improve the financial health of local shipbuilders.
Overall, it was a week of continuous improvement in the Handysize sector...
Two thirds of developing countries are dependent on commodities. Sub-Saharan is Africa hardest-hit, as 89% of countries there depend on commodities.
The transoceanic iron ore market will run a deficit of at least 40 million tonnes in 2019, according to forecasts from the British consultancy CRU.
Capesize - The market continued its rollercoaster ride last week opening with negative sentiment, but turning around in dramatic fashion by the week’s end.
At the AGM to be held in London today, Bill Thomas, Chairman of Clarksons, made the following trading statement covering the period from 1 January 2019 to 8 May 2019.
Diana Shipping announced that,it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Arethusa.
DryShips,has agreed to acquire from an entity that may be deemed to be beneficially owned by the Company’s Chairman and CEO, Mr. George Economou, one Newcastlemax drybulk...
China’s iron ore futures rose more than 4 percent on Tuesday, stoked by concerns over tight supply as Vale halted resuming operations at its Brucutu iron ore mining complex.
Warns of risks amid US-China trade conflict & Brexit
Designed to increase plant uptime by identifying the causes of plant and equipment failures.
Capesize - The market last week was a tale of two halves, with substantial volatility.
The Pacific basin’s benchmark thermal coal price has slid 2% over the past week amid signs of weakening demand among one of the region’s biggest customers of the fuel.
Australia’s iron ore exports rebounded in April after being hit by a cyclone the prior month, but the surge in shipments wasn’t enough to offset declining volumes from Brazil...
Ships laden with Australian coal are continuing to experience extended waiting times and discharge delays at Chinese ports as China prepares to start its May Day holidays...
The eurozone economy regained some lost momentum at the start of 2019, offering fresh evidence of surprisingly resilient global growth amid lingering uncertainties about trade with...
China’s move to stifle coal imports from Australia is hurting its No. 2 supplier, with shipment figures showing the exporter conceding share in the world’s largest market.
International iron ore prices are forecast to rise 11.4 per cent in calendar 2019, buoyed by supply disruptions from key mines in Brazil and Australia and China’s fiscal stimulus
Scorpio Bulkers Inc. reported its results for the three months ended March 31, 2019.
Supramax - With the onset of various holidays in the Asian sector next week, this basin saw more activity than the Atlantic this week
Iron ore futures in China edged lower in early trade on Tuesday as demand eased in the wake of a move to restrict production in top steelmaking city of Tangshan, but...