China’s coal import policy is shifting and this could impact the dry bulk market. In its latest weekly report, shipbroker Intermodal said that “after setting an all-time high for coal imports in 2024, China appears to be entering a new phase of recalibration....

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The Philippine government sought to introduce a ban on nickel ore exports from 2030 to enhance domestic processing capabilities and advance up the value chain. This decision was rescinded in mid-June, and this insight will look into the effects this will have on...

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Mitsui O.S.K. Lines, Ltd. (MOL), one of the world’s leading shipping companies, has signed a Memorandum of Understanding (MOU) with Kinetics, the energy transition initiative of global floating power leader Karpowership, to jointly develop a next-generation Floating...

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The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said on Monday, adding that his inbox was full of last-ditch offers from countries to clinch a tariff deal before a July 9 deadline. The clock is ticking...

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The Korea-U.S. alliance should move beyond its traditional military framework and develop into a broader economic and maritime partnership, according to a recent vision laid out by Rep. Lee Un-ju of the ruling Democratic Party of Korea (DPK). In an interview with The...

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The International Association of Dry Cargo Shipowners (INTERCARGO) has condemned the recent armed attack on the Magic Seas, a bulk carrier operating off the coast of Yemen. The vessel reportedly came under fire from small boats, according to a bulletin issued by the...

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