Imports at several of the busiest U.S. seaports dropped sharply in May, after President Donald Trump’s short-lived 145% tariffs on many goods from China stalled trade, according to data from Descartes Datamyne. The world’s two biggest economies overnight announced a...

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Given that cargo contamination claims are the most frequent and costly claim that tankers experience, the following bulletin highlights the best sampling practices to be undertaken onboard vessels. Cargo samples that are taken following best practises and are...

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The South Atlantic grain market experienced a significant boost in the recent trading week, with freight rates surging due to stronger cargo demand as more cargoes are being pushed out, with June being the last month of the local soybean harvest. There was also a...

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The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, extended gains to scale a more than eight-month peak due to higher rates across both large and small vessel segments. The main index, which monitors rates...

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Climeon’s ORC-based waste heat recovery system to boost energy efficiency on world’s largest methanol-fueled cement carrier Repeat Order Underscores Successful Cooperation Climeon has received a repeat order from NovaAlgoma Cement Carriers (NACC) to supply its...

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Iron ore futures prices rebounded on Wednesday, as signs of progress in trade talks between the world’s two largest economies bolstered sentiment, although uncertainty over a final agreement and softening steel demand capped further gains. Officials from the United...

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