Demand for Chinese Iron Ore Imports Seen Curbed on Price Gap
Chinese demand for iron ore cargoes may advance more slowly than expected following holidays in the Asian country, because import prices are at level that
Chinese demand for iron ore cargoes may advance more slowly than expected following holidays in the Asian country, because import prices are at level that
RIO DE JANEIRO, Feb 18 (Reuters) – Brazil’s state-led Petroleo Brasileiro SA was forced to shut down operations for nearly a day at its PPM-1
In a filing on the Oslo stock exchange, Aker Philadelphia Shipyard ASA (Oslo: AKPS) announced today that its wholly-owned subsidiary, Aker Philadelphia
By Ranga Sirilal and Shihar Aneez COLOMBO – Myanmar nationals rescued from a sinking ship by the Sri Lankan Navy have told of throwing 98 people
Charter costs for the biggest oil tankers plying the industry’s busiest trade route rose for a second session as charterers in China returned to work
Ships may soon be able to shed the unwanted accumulation of bacteria and other marine growth with the flick of a switch. Researchers have developed a new
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By Agnieszka Flak and Marina Lopes BEIRA, Mozambique – Constant silting and shifting underwater sandbanks at the Mozambican port of Beira require daily
Maersk Oil Qatar and Gulf Drilling International (GDI) announced today they have signed a four year agreement for 770 million Qatari Riyal (USD $211 million),
By Reese Ewing and Gustavo Bonato SAO PAULO – Brazilian workers at the port of Santos occupied the Chinese ship Zhen Hua 10 early on Monday in protest
Songa Offshore SE advanced the most in three months in Oslo after the Cyprus-based offshore drilling company said work on its delayed Trym rig is completed and
Ships transiting the Suez Canal, which handles about 8 percent of world trade, slid by 16 percent last month amid riots that led the Egyptian military to
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At 0540 local time on Wednesday 26 September 2012, the Indonesian ferry, KMP Bahuga Jaya, owned by PT. Atosim Lampung Shipping, sank after colliding with
In January 1915, Antarctic explorer Ernest Shackleton and his crew aboard the Endurance became trapped in Antarctic ice while attempting a daring
Workers at Brazil’s Santos port will participate in a six-hour work stoppage on Feb. 22 to protest government plans for shipping terminals in the
A whale tied to the side of Japanese Research vessel Yushin Maru No. 2 is dragged through the ocean in Mackenzie Bay, Antarctica, in this picture provided by
With initial repairs complete, the giant container ship Emma Maersk is now under tow from Port Said. She is on her way to a European port where the ship
1 person is confirmed dead and 14 are still missing after their cargo ship, the Myanmar Panamanian-flagged M/V Arita Bauxite, sank off the northwest coast of
Tall ship sailors are so easy to like. When you meet them, within minutes, you know you are meeting someone who is doing exactly what they love. They are
By Isaac Arnsdorf Feb. 15 (Bloomberg) — The world’s largest heavy transport vessel loaded the biggest semi-submersible offshore platform hull for
By Margaret Newkirk and Christopher Palmeri Feb. 15 (Bloomberg) — Robin Burgess was enjoying the last full day of her cruise on Feb. 10 when she smelled
When solving a mystery, an investigator looks for evidence. On the third day of testimony at the joint Coast Guard/NTSB hearings in Portsmouth, Virginia, I was
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Petroleo Brasileiro SA may receive a spot cargo of liquefied natural gas from the U.S. today, according to ship-tracking data. The LNG Capricorn, with a
HONG KONG – Rio Tinto has signed a 20-year contract with Japan’s Mitsui O.S.K. Lines Ltd (MOL) to carry iron ore from Australia to China, as the
Earnings are about zero for the biggest oil tankers, hauling almost half the world’s seaborne crude, and owners of the ships may opt to remove them from
The price gap between liquefied natural gas in Asia and Europe will support demand for shipping even as new vessels are built before fuel output expands,
LONDON – Russian Urals crude strengthened in the Baltic after loading dates for early March showed a possibility of lower-than-usual volumes. Urals
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