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Oil prices hold steady as US and China extend tariffs deadline

Oil prices were little changed after the United States and China extended a pause on higher tariffs and data showed a rise in U.S. inflation in July. Futures lost 36 cents, or 0.54%, to $66.27 a barrel by 1240 GMT. U.S. West Texas Intermediate crude futures eased by...
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Iron ore extends gains on Tangshan steel production curbs, lower shipments

Iron ore futures rose after steel mills in Tangshan, a major production hub, were ordered to halt operations to improve air quality ahead of a major military parade, while lower shipments also lent support to prices. The most-traded January iron ore contract on...
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Turkish forest fires suspend shipping through Dardanelles Strait

Turkish forest fires suspend shipping through Dardanelles Strait
Turkish authorities suspended shipping traffic through the Dardanelles Strait for the second time in a week Aug. 11 as forest fires have continued to ravage the south of the passage. The narrow shipping passage in northwestern Turkey connects the Mediterranean into...
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Pacific Environment announces new head of programs and new senior director for Climate Program

Pacific Environment is proud to announce the promotion of Grace Healy to Head of Programs and Teresa Bui to Senior Director, Climate Campaign. Grace Healy joined Pacific Environment in 2021 and has most recently served as Acting Senior Director of the Climate...
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Chartwell Marine and Pacific Radiance announce the delivery of a Brevity Class CTV for APAC’s offshore wind industry

Chartwell Marine and Pacific Radiance announce the delivery of a Brevity Class CTV for APAC’s offshore wind industry
Chartwell Marine, a trusted pioneer of next-generation vessel design, has today announced the delivery of Prosperous 6, a new high-performance crew transfer vessel, as part of a strategic partnership with Pacific Radiance, a leading owner and operator of offshore...
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Bauxite, steel, and fertilizer: The push and pull of global geopolitics

Bauxite, steel, and fertilizer: The push and pull of global geopolitics
Minor bulk, made up of all dry cargo types that are not categorized as iron ore, coal, or grains, has consistently outperformed the previous year in terms of total tonnage exported. In July, this trend was no different as total tonnage of minor bulk exports grew by 8%...
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