The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a second consecutive session on Thursday, dragged by declining rates in capsize shipping vessels. The overall index, which factors in rates for capesize,...

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Very Large Gas Carrier rates on the key Persian Gulf-Japan route reached near 35-month lows around $31.50/mt Feb. 2-5 before rebounding, as owners resisted chartering out spot ships at levels deemed below breakeven, shipping sources said. VLGC freight was seen rising...

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Norway’s state-controlled Equinor is paying close attention to signs of industrial gas demand recovery in Europe as part of its monitoring of the global gas market, CEO Anders Opedal said Feb. 7. Speaking to reporters following the release of the company’s...

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Most ferrous metals and material futures rose on Wednesday, in tandem with Chinese equities, after Beijing signalled that authorities were ramping up efforts to support sagging markets. The most-traded May iron ore on China’s Dalian Commodity Exchange (DCE) closed up...

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Indian liquefied natural gas (LNG) imports are forecast to jump to 150 million metric tons per year (tpy) by 2030 and the country will need the equivalent re-gasification capacity to achieve its targets, Petronet LNG’s CEO said on Wednesday. The expected imports...

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A naming ceremony was held on January 30 for an LNG-fueled capesize bulk carrier that was ordered by NYK and will be deployed to transport iron ore and coal from Australia to Japan under a long-term consecutive voyage charter contract with JFE Steel Corporation (JFE)....

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