Iron ore has emerged as the surprise in China’s first quarter commodity imports, with arrivals posting strong gains despite the gloom surrounding the key property construction sector. March imports were 100.72 million metric tons, up 3.3% from February’s 97.51 million...

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The 380 CST East-West spread — the difference between the 380 CST FOB Singapore HSFO swap and the 380 CST FOB Rotterdam barge swap — reached its highest level in over five months due to a surge in cargo volumes in the Asian hub and increased demand for high sulfur...

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The Baltic Exchange’s main dry bulk sea freight index climbed to its highest level in nearly three weeks on Tuesday, as rates rose across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 49...

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Somali pirates released the hijacked ship MV Abdullah on Sunday after its Bangladeshi owners reportedly paid a $5 million (€4.7 million) ransom. Meherul Karim, CEO of shipping company KSRM, said the 23 crew members had been released unharmed. “The pirates called us...

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The Clean Arctic Alliance today welcomed the Danish government’s announcement that it will prohibit the discharge of scrubber water from ships into the marine environment in its territorial waters (to 12nm), and called for all Arctic states to not only follow...

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Harbor Lab, a global leader in maritime technology for centralizing and simplifying port disbursement costs is today announcing a new contract with one of the world’s largest dry bulk shipping companies – Oldendorff Carriers. Harbor Lab’s software-as-a-service (SaaS)...

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