Iron Ore Thunders Higher as Mine Dams Closed, Exports Collapse
By Krystal Chia (Bloomberg) — Iron ore’s supply-driven rally picked up pace on Wednesday, with futures topping $90 a ton, amid increasing concern the
By Krystal Chia (Bloomberg) — Iron ore’s supply-driven rally picked up pace on Wednesday, with futures topping $90 a ton, amid increasing concern the
By Ana Mano SAO PAULO, April 2 (Reuters) – Brazilian port operators including units of global grain traders Cargill Ltd and Bunge Ltd will unveil a
OSLO, Feb 19 (Reuters) – The prospects of dry bulk shippers carrying iron ore from mines to smelters have worsened due to the accident at Vale’s
By Henning Gloystein and Muyu Xu SINGAPORE/BEIJING, Feb 1 (Reuters) – Dozens of ships carrying coal and iron ore to China are stuck outside ports waiting
By Hugh Bronstein and Karl Plume BUENOS AIRES/CHICAGO, Nov 30 (Reuters) – A ship named the Torrent is nearing the end of a 5,000-mile trip carrying
Danish shipowner Ultrabulk has teamed up with a handful of companies in the UK the feasibility of fitting a modern bulk carrier with sail power in hopes of
By Prejula Prem and Firat Kayakiran (Bloomberg) — The commodity shipping industry was expected to sail through the trade war unscathed. Tariffs were
By Kevin Varley and Shruti Date Singh (Bloomberg) — The world of soybean shipping has turned upside down thanks to the ongoing U.S.-China trade war.
BEIJING, Nov 1 (Reuters) – A vessel carrying soybeans from the United States to China changed its destination to South Korea on Thursday, shipping data
By Melanie Burton MELBOURNE, Oct 8 (Reuters) – Australia’s competition regulator said on Monday the Port of Newcastle must reduce its charges for
By Alex Longley (Bloomberg) — When U.S. President Donald Trump fired the first salvos in his trade war with China, the market for hauling bulk
By Shruti Date Singh and Tatiana Freitas (Bloomberg) –It looks like China can’t completely shun U.S. soybeans as at least a few cargoes of American
By Alaric Nightingale (Bloomberg) –Will somebody please tell commodity shippers there’s a trade war going on? Whether it’s the price of hiring
By Anatoly Medetsky (Bloomberg) — Russia has so much wheat that it can’t export it all via the usual methods, so shippers are increasingly turning to a
By Hallie Gu and Tom Polansek BEIJING/CHICAGO, May 18 (Reuters) – China dropped its anti-dumping probe into imports of U.S. sorghum on Friday,
By Joe Ryan (Bloomberg) — A federal judge struck down a local ban prohibiting companies from transporting coal though an Oakland, California, export
Sout Korea’s Hyundai Mipo Dockyard has delivered the world’s largest LNG-fueled bulk carrier. The 50,000 dwt vessel was ordered in 2016 by
By Keith Wallis SINGAPORE, Dec 20 (Reuters) – More than 300 large dry cargo ships are having to wait outside Chinese and Australian ports in a
Dry bulk shipping company Golden Ocean has entered into agreements to sell six Ultramax bulk carriers that were delivered in just the past two years so that it
Sept 22 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest in
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