BHP May Announce $12 Billion Spinoff of Billiton Assets
BHP Billiton Ltd. may announce a spinoff of assets estimated to be worth as much as $12 billion next week, as the world’s biggest mining company casts aside
BHP Billiton Ltd. may announce a spinoff of assets estimated to be worth as much as $12 billion next week, as the world’s biggest mining company casts aside
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
COSCO announced a heap of new orders today including two new 64,000 ton dwt bulk carriers and four subsea supply vessels at their Zhoushan and Dalian yards,
Unionized port workers and a group of Pacific Northwest grain companies reached a tentative contract agreement, according to an announcement on
"The rates don't reflect the true supply and demand situation," commented Intermarine's Operating Chairman Andre Grikitis in a recent phone
Australia’s plans to export more iron ore this year than any nation ever is driving up shipping costs by 80 percent. Increased sales from Brazil before
Japanese shipping firm K-Line reports today the company has dug themselves out of a loss-making situation over the past quarter in their containership business
Brazilian mining company Vale SA plans to double its iron ore exports to China within five years according to Jose Carlos Martins, the company's head of
BHP Billiton Ltd., the world’s biggest mining company, is seeking to stop planned strikes by tugboat engineers at Australia’s Port Hedland export terminal
Firefighters contained a blaze at Cosan SA's sugar facilities at the Port of Santos in Brazil on Monday, reducing storage capacity in the world's largest
Japan's Prime Minister Shinzo Abe touted the success of his economic policies on a visit to Brazil on Friday and said it was time for the two nations to expand
Record production of hydropower from China’s Three Gorges and newer dams is displacing so much coal that rates to transport it have plunged to about record
Iron ore posted a second straight monthly increase this year on speculation that demand for imports in China may be improving, helping to absorb a global
China should boost imports of food so it can dedicate more of its scarce water supplies to energy production, especially in arid but coal-rich regions like
Freeport McMoRan’s Board of Directors says this week they are “encouraged by [their] discussions with the Indonesian government” regarding a
Rates for capesize bulk carriers on key Asian routes could remain flat or show marginal improvement next week as ship owners resist attempts by cargo owners to
After a trans-Atlantic voyage from Brande, Denmark, and navigating through the Great Lakes, BBC Chartering’s Peter Roenna arrived this week into Clure
Shortly after 10 p.m. on Monday, July 14th, the Prince Rupert Port Authority reports the 228-meter, 81,887 ton dwt bulk carrier Amakusa Island had run aground
China Shipbuilding Trading and Chengxi Shipyard received an order today from Prosperity Investment, a wholly-owned subsidiary of China COSCO for eight new
An improved outlook for global bulk shipping rates spells bad news for grain exporters as they go into the latest sales campaign, with increased freight costs
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up