Gulf shipping costs drop as Israel-Iran ceasefire holds

Gulf shipping costs drop as Israel-Iran ceasefire holds
Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions increase, shipping and insurance industry sources said on Thursday. The conflict had raised concerns that Iran...
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China Iron Ore Imports on the Weaker Side This Year

China Iron Ore Imports on the Weaker Side This Year
China’s iron ore imports have been dropping so far in 2025, based on the latest data. In its latest weekly report, shipbroker Banchero Costa said that “2024 was another positive year for global seaborne iron ore trade. In Jan-Dec 2024, global loadings of iron ore...
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Critical minerals drive a boon for ship operators

Critical minerals drive a boon for ship operators
The oceans have long been central to global trade, but a recent directive from Washington is poised to transform them into a new frontier for mineral extraction, opening a potentially lucrative angle for the shipping industry. On April 24, 2025, President Donald Trump...
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