Australia has maintained its leading position in the seaborne iron ore trade, as over half of the global iron ore exports are coming from it. In its latest weekly report, shipbroker Banchero Costa said that “2024 was another positive year for global seaborne iron ore...

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China’s imposition of new “Special Port Service Fees” on US-linked vessels is more than trade retaliation — it’s a further stress test for ship finance structures. This article explores how the measures could reshape sale-and-leaseback, lending, and risk allocation...

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American shippers were already unhappy about their business outlook after President Donald Trump imposed steep new tariffs on China in April. And they were not feeling much happier on Thursday, even after Trump announced a new trade truce with Chinese President Xi...

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Asia’s spot differentials for fuel oil logged narrower discounts on Friday, though the prompt market continued to hold in a contango. The very low sulphur fuel oil (VLSFO) market saw a slight improvement after an unplanned outage at Kuwait’s al-Zour refinery, a key...

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Ridderkerk-based maritime supplier Ned Marine Services has signed an exclusive distribution agreement with Drewil Entership, a Polish manufacturer of high-quality pilot and embarkation ladders. Under the new partnership, NMS will represent Drewil Entership in the...

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