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China 2024 iron ore imports hit record on resilient demand, steel exports
China’s iron ore imports in 2024 rose for a second year to a record high, up 4.9% from the prior...
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Atlantic Supramax market exhibits mixed trends despite strong fundamentals
The Atlantic Supramax dry bulk market saw volatility persist with overall positive cargo demand signs while remaining positional during the...
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Baltic Index Sails To Over One-Month High On Strong Capesize Demand
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit more than a...
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Global trade contraction accelerates at the end of 2024 amid falling goods export orders
The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that the contraction of global trade...
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LME scrap, rebar volumes rise on week as market activity resumes
Volumes traded for both scrap and rebar futures on the London Metal Exchange saw an uptick week over week as...
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Potential Impacts of the Trump Administration on Marine Terminal Operators
As we move into 2025 and the Trump Administration prepares to take control of the government, marine terminal operators are...
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China’s role highlighted in green transition of shipping
The global shipping industry still faces significant challenges in decarbonization, where China can play a critical role, said industry experts...
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South Korean shipbuilders set sights on high-value contracts in 2025
South Korea’s shipbuilders, bolstered by extensive orderbooks, are set to prioritize high-value-added contracts in 2025 to improve profitability, with optimism...
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LNG shipping capacity to decline by 2027, pushing up freight rates
The liquefied natural gas (LNG) shipping market is set to tighten capacity by the end of 2027, as ageing vessels...
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Americas crude export growth supported by Brazil and Guyana
Americas crude exports started to stagnate during the second half of 2024 with the US, the largest exporter, showing signs...
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Asia-US container rates still rising as tariff threat replaces strike concerns
The tentative agreement between US Gulf and East Coast ports and dockworkers has taken some of the pressure off rates...
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Dry Bulk: Atlantic Panamax market plummets as tonne-mile demand falls short
The Atlantic Panamax markets entered the fourth quarter with a cautious outlook due to the ongoing lag in demand for...
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Greece Examines Impact of US Blacklisting of Piraeus Port Owner COSCO
Greece’s biggest port Piraeus is operating normally following a U.S. blacklisting this week of its majority owner, China’s largest shipping...
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Five themes shaping the energy world in 2025
What opportunities, challenges and risks does the world of energy and natural resources face in 2025? Our experts share their...
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Venezuelan inauguration seen as possible turning point for US oil sanctions policy
The Venezuelan people are bracing for chaos as both the incumbent President Nicolás Maduro and President-elect Edmundo González Urrutia prepare...
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Asia Refining: Gasoline crack hits seven-week low, posts weekly loss as inventories climb
Asia’s gasoline refining margins dropped to their lowest in seven weeks on Friday, falling for the week as stockpiles of...
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Mediterranean LNG imports drop in 2024 on strong renewables, subdued LNG pull
Imports of LNG into the West and East Mediterranean regions saw a sharp year-over-year drop in 2024, according to S&P...
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Castor Marine becomes part of the Navarino Group
Castor Marine is excited to announce that Navarino has acquired 100% of the shares of Castor Marine B.V. This milestone...
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FuelEU Maritime – Exemptions
The FuelEU Maritime regulation, enforced January 1, 2025, aims to reduce greenhouse gas (GHG) emissions on a well-to-wake basis within...
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One in three seafarers still being forced to pay illegal recruitment fees, survey finds
A third of seafarers have said that they have paid a fee to get a job, with many reporting that...
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