Cargill expects busy Brazil grain exports in second half of year
Brazil’s grain exports will pick up in the second half as soy and corn supplies increase despite a drought in…
Baltic index slips for 6th day on weaker vessel rates
The Baltic Exchange’s dry bulk sea freight index fell on Monday, hurt by weaker demand across all vessel segments, with…
Iron ore retreats on weak Chinese industrial data
Iron ore futures prices fell on Monday after weak industrial data in top consumer China and the completion of of…
Drewry Dry Bulk Equity Index Down 3.9% Last Month
In March, the Drewry Dry Bulk Equity Index declined 3.9% and underperformed the S&P 500, which rose 2.3% during the…
China overtakes Japan in April as Australia’s top coal market
Australia shipped more coal to China than Japan in April, the first time this has happened in any month in…
Iron ore down on pre-holiday risk-off, but posts best monthly gain since June 2023
Iron ore and steel futures fell on Tuesday amid risk-off sentiment ahead of a Chinese public holiday, but most contracts…
Baltic index edges up on gains in larger vessels
The Baltic Exchange’s dry bulk sea freight index edged up on Wednesday, buoyed by an uptick in capesize and panamax…
Baltic index steady as gains in capesize offset lower rates for smaller vessels
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, was mostly unchanged on Tuesday…
CNOOC to place new LNG bunkering vessel into service
China National Offshore Oil Corporation (CNOOC) has taken delivery of a new LNG bunkering and supply vessel built by compatriot…
Bibby Marine orders electric SOV from Spanish builder
Bibby Marine Services has placed an order for a new service operation vessel (SOV) to be built by Spain’s Astilleros…