Vale’s Giant Iron Ore Carriers to Be Permitted in China’s Ports
China has amended rules around ships it will allow to berth at mainland ports, paving the way for Brazilian miner Vale to ship iron ore in its giant 400,000
China has amended rules around ships it will allow to berth at mainland ports, paving the way for Brazilian miner Vale to ship iron ore in its giant 400,000
The global iron ore surplus will more than double to a record this year as low-cost producers keep on expanding, according to Australia & New Zealand Banking
Five dry bulk shipping firms, including shipping tycoon John Fredriksen's Golden Ocean will form a new venture to coordinate chartering services, hoping to
Commodity shipping costs matched a record low set 28 years ago as China’s slowing demand for coal and weaker bookings before the Asian country’s New Year
Cranes unload iron ore from a ship at a port in Rizhao, Shandong province February 7, 2015.
“The single biggest issue is the oversupply of
Privately-owned shipping company Copenship has filed for bankruptcy in Copenhagen after losses in the dry bulk market, its Chief Executive Michael Fenger told
13 months after placing an order for twenty Capesize bulk carriers, Scorpio Bulkers is modifying their order and instead swapping out three of their Capes for
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued its slide on Monday, hitting a new
Brazilian miner Vale's mega-ships have been able to dock at five ports in China, the firm's head of investor relations said on Thursday, as a ban that had been
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, spiralled downwards to its lowest level in nearly
Iron ore declined to the lowest level in more than five years amid speculation that mills in China will reduce steel output in the runup to a holiday next
Thai dry bulk carrier Thoresen Thai Agencies Pcl said on Tuesday it planned to raise about 7.3 billion baht ($223.2 million) by offering new shares via a
Iron ore imports by China rebounded to an all-time high last month, capping record annual purchases, as slumping prices boosted demand for overseas supplies in
Rates for capesize bulk carriers have plunged to fresh six-year lows and could fall further with cargoes scarce in the post-holiday period, brokers
Iron ore climbed to the highest in a month on speculation China’s plans to speed up $1.1 trillion of infrastructure projects this year will boost demand amid
Exports of iron ore to China via the Port Hedland terminal rose 5 percent in December from November, underscoring in part a subdued start to the Australian
Only one crew member from the 190 meter-long bulk carrier Bulk Jupiter has survived after the ship unexpectedly sank 150 nautical miles off the coast of
A deeper slump in earnings for ships that carry most of the world’s coal and ore cargoes would force owners to take vessels out of service, according to
Following Scorpio Bulkers’ announcement on Wednesday of their plan to build six LR2 product tankers in lieu of their planned Capesize bulk carriers, the
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up