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China June iron ore imports retreat on anticipation of seasonal demand slowdown
China’s iron ore imports fell 4.3% in June from the previous month, customs data showed on Friday, as buyers reduced…
China’s June coal imports rise as heat boosts electricity demand
China’s coal imports in June rose12% year-on-year, customs data showed on Friday, as heatwaves in the world’s top consumer of…
Iron ore heads for weekly fall ahead of key China meeting
Iron ore futures are setfor a weekly fall amid a flurry of profit-taking, ahead of top consumer China’s third plenum,…
Dry Bulk Demand Pushed the Market Higher During the First Half of 2024
A combination of strong demand and low tonnage supply has triggered a dry bulk market upside during the first half…
Baltic index logs weekly gain on higher vessel rates
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Friday to…
California Invests $27 Million in Port Data System Development
The California Governor’s Office of Business and Economic Development (GO-Biz) today announced the award of $27 million to support data…
MARAD Awards Grants to 15 Small Shipyards to Boost Productivity and Jobs
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $8.75 million in grant awards to 15 small shipyards in 12…
US Imports Remain High With Signs of Softening of Container Spot Prices
Container import volumes remain strong at U.S. ports and significantly ahead of 2023 levels despite the first signs of softening…
CBP Recovers Over 1,300 Stolen Cars Being Smuggled Overseas from U.S. Ports
U.S. Customs and Border Protection is reporting a strong increase in the recovery of stolen vehicles being smuggled out of…