Tuesday, May 14, 2019
liquefied natural gas tanker
Maritime News

China Faces Diminishing Returns With Tariffs on U.S. Commodities

By Pratish Narayanan (Bloomberg) — China’s latest retaliation against U.S. tariffs is set to prove largely benign to commodity trade flows as Beijing runs out of raw materials to target. Some products...

May 14, 2019
Total Views: 7

Thursday, August 23, 2018
tankers at anchor
Maritime News

Coffee Exporters Struggle to Find Ships for Brazil’s Bumper Crop

By Marcelo Teixeira and Marcy Nicholson SAO PAULO/NEW YORK, Aug 23 (Reuters) – Brazilian coffee exporters are struggling to find shipping capacity to transport a bumper crop from the world’s...

August 23, 2018
Total Views: 5

Tuesday, May 15, 2018
bulk carrier ship
Maritime News

From Trading Titan to Penny Stock: Noble Group Faces Crunch as Creditors, Investors Circle

By Anshuman Daga and Henning Gloystein SINGAPORE, May 15 (Reuters) – Just seven years ago, Noble Group was a $11 billion-plus Asian commodity powerhouse, trading everything from soybeans to oil....

May 15, 2018
Total Views: 6

Tuesday, September 29, 2015
Maritime News

Commodities in Crisis as Asian Shares Tumble and Shipper Files for Bankruptcy

  By Henning Gloystein and Denny Thomas SINGAPORE/HONG KONG, Sept 29 (Reuters) – A Japanese shipper filed for bankruptcy on Tuesday and global trading firm Louis Dreyfus posted lower profits,...

September 29, 2015
Total Views: 3

Monday, June 29, 2015
Maritime News

Baltic Exchange Futures Platform Considering Move Into Commodities

London's Baltic Exchange is studying a potential foray into commodities and is open to proposals on tie-ups as other exchanges attempt to boost volumes, its chief executive said.

June 29, 2015
Total Views: 40

Thursday, May 14, 2015
Maritime News

Not Even Blowtorches Can Ignite the Worst-Ever Dry Bulk Shipping Market

How bad is the market for shipping commodities across the world’s oceans? Consider that more than 100 vessels will probably be scrapped this year -- a record -- and daily earnings for the industry will still tumble.

May 14, 2015
Total Views: 1

Friday, November 7, 2014
river port grain terminal timbues san lorenzo
Maritime News

Noble Group Profit Rises Sevenfold as Commodity Shipments Surge

Noble Group Ltd., Asia’s biggest commodity trader by revenue, said third-quarter profit jumped almost sevenfold as it shipped a third more goods.

November 7, 2014
Total Views: 1

Monday, September 22, 2014
bulk carrier liberty maritime grain
Maritime News

Grain Shippers Trumped by Oil on U.S Rail Lines

Shipping companies probably will miss out on exports from the record U.S. grain harvest because the shale-oil boom is clogging up rail lines to ports.

September 22, 2014
Total Views: 1

Wednesday, August 20, 2014
newlands coal complex glencore
Maritime News

Glencore Starts $1 Billion Buyback as CEO Says Commodities Boom Isn’t Over

Glencore Plc’s billionaire Chief Executive Officer, Ivan Glasenberg, underscored his belief in the longevity of the global commodities boom by beating his biggest rivals in handing out surplus cash to investors.

August 20, 2014
Total Views: 25

Thursday, August 14, 2014
grain elevators
Maritime News

Dry Bulk: Commodities Fall to Six-Month Low as Gains for Year Evaporate

Commodities fell to a six-month low, erasing almost all of this year’s gains, as oil and grains declined on signs of ample supplies and slower economic growth in China, the biggest consumer of industrial metals and energy.

August 14, 2014
Total Views: 0

Tuesday, August 5, 2014
oil storage tanks

CFTC Shows US Commodity Manipulation Laws Have Teeth

By extracting a $13 million penalty and imposing tough restrictions on future oil trading by Arcadia and others, the U.S. Commodity Futures Trading Commission (CFTC) this week sent a powerful signal that laws against market manipulation still have teeth.

August 5, 2014
Total Views: 8

Monday, April 14, 2014
las bambas copper mine

Metal-Hungry China Buys Peruvian Copper Mine For $6 Billion

By Karen Rebelo and Silvia Antonioli April 14 (Reuters) – A Chinese consortium bought the Las Bambas copper mine in Peru from Glencore Xstrata for $6 billion, the high end...

April 14, 2014
Total Views: 5

Tuesday, April 1, 2014
Maritime News

Japan Traders Seen Returning Up to $3 Billion on Commodity Fall

April 1 (Bloomberg) — The commodities boom is over and you can have some money back. For investors in Japan’s biggest trading houses, Mitsubishi Corp. and Mitsui & Co., the...

April 1, 2014
Total Views: 0

Thursday, December 19, 2013
Maritime News

ADM to Boost Brazil Soybean Exports as Barges Serve New Port

Archer-Daniels-Midland Co., the largest exporter of soybean meal from Brazil, plans to double the size of its South American fleet of river barges to boost shipments of crops from a new port.

December 19, 2013
Total Views: 7

Wednesday, September 25, 2013
bulk carrier discharging salt

Commodities ‘Super Cycle’ Is Seen Enduring by McKinsey

Sept. 26 (Bloomberg) — Commodity supply constraints and demand from emerging markets mean it’s premature to talk about the death of the super cycle that brought a longer-than-average period of...

September 25, 2013
Total Views: 2

Thursday, September 5, 2013
steel manufacturing molten iron industrial

Steel Rallies as Demand from Chinese Builders Outpaces Supply

Sept. 5 (Bloomberg) — The fastest Chinese steel output on record is still too slow to meet demand from builders, reducing inventories and driving prices toward a bull market. Production...

September 5, 2013
Total Views: 0

Wednesday, August 28, 2013

Jim Rogers: “When the Sea of Money Ends, it is Going to be a Huge Mess”

Jim Rogers is seriously concerned about the impact of continual and expansive monetary policy coordinated by central banks around the globe. We have even seen the Chinese central bank conduct...

August 28, 2013
Total Views: 0

Monday, August 26, 2013
panamax bulk carrier ds norden

Panamax Rates Rising as Crop Cargoes Near Record

Aug. 27 (Bloomberg) — Near-record agricultural exports are diminishing the capacity glut in grain carriers, boosting rates for Safe Bulkers Inc. and other owners to the highest in almost two...

August 26, 2013
Total Views: 30

Monday, August 12, 2013
grain elevators

Surging Grain Imports To Buoy Dry Bulk Rates, Say Asian Shipowners

By Keith Wallis SINGAPORE, Aug 12 (Reuters) – Soaring imports of wheat by China and Pakistan are set to drive up freight rates for smaller dry bulk cargo ships in...

August 12, 2013
Total Views: 1

Monday, July 29, 2013
jim chanos cnbc

Caterpillar: Implications for the Commodity Supercycle & Shipping Markets

If Jim Chanos is correct in his assessment of Caterpillar and the commodity supercycle, particularly the mining business, the implications for dry bulk shipping are decidedly negative. Caterpillar, through its mining, road...

July 29, 2013
Total Views: 0