Oil pipelines from the top U.S. shale field to Houston that have run half empty are filling again as rising output has absorbed most of the space on lines to the main south Texas export hub in Corpus Christi. U.S. crude exports climbed to a record of about 4.5 million...

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The first block for a new class of Russian domestic containership that is also capable of carrying dry bulk cargo was laid down at the Lotos Shipyard, part of the state-owned United Shipbuilding Corporation. In addition to the unique design, the shipbuilding...

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Germany’s Hapag-Lloyd, the world’s fifth-largest shipping line, posted better-than-expected results for the first quarter of 2023, with freight rates averaging $3,998 per forty-foot equivalent unit, 85% above pre-COVID levels. “Volumes remained subdued as the...

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Southeast Asia only accounts for around 12% of global thermal coal imports, so is often overshadowed by China and India in discussions about key coal consumer markets and the associated impact on emissions. However, the region routinely imports well over 100 million...

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Iron ore futures fell on Friday, as traders worried about a dim demand outlook in top steel producer and metals consumer China assessed the prospects of additional stimulus for the world’s second-biggest economy. The most-traded September iron ore on China’s Dalian...

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