Iron ore futures drifted lower on Friday and were headed for a weekly loss due to mounting concerns over demand prospects in top consumer China amid an escalating global trade war. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) ended...
Castor Maritime and Sea Tribute Shipmanagement are the latest companies to enter vessels into the Bluepool Panamax dry bulk shipping pool. Castor Maritime, a NASDAQ listed diversified global shipping and energy company, has entered MV Magic P (2004 built, 76,453 dwt)....
The Dutch and Belgian dredging industry is of strategic importance to the economy, water safety, and energy transition in both countries. This is evident from the new report “Future Scenarios and Strategies for the Dredging Sector in the Netherlands and Belgium”, an...
Delivering all-time high, full-year results for 2024, Wallenius Wilhelmsen’s financial performance surpasses its record 2023. In addition, the company continued to deliver for its shareholders, customers, stakeholders and employees. “2024 has been a strong year for...
Asia’s high sulphur fuel oil differentials ended the week in losses as the market expected supplies to rise and as Singapore stocks rose, but the downside was limited by a decline in European inventories. Singapore’s 380-cst HSFO cash premium dropped for a seventh...
ITS Logistics yesterday released the March forecast for the ITS Logistics US Port/Rail Ramp Freight Index. This month, the index reveals that Los Angeles/Long Beach (LA/LB) import volumes remain strong following the Lunar New Year, and there are signs that the...