Commodities

on 30 October 2025 at 11:02 am

Asian VLCC freight rates have climbed up and are now hovering at their highest levels since the post-COVID recovery, as congestion at Chinese ports and rising loading demand slow fleet turnaround, tightening regional tonnage availability amid growing global inquiry, industry sources said. This surge pushed the cost of transporting crude from the Persian Gulf to China to $29.39/mt on Oct. 30 or

on 29 October 2025 at 2:35 pm

The Maritime and Port Authority of Singapore is going forward with a front-end engineering design study focused on low or zero-carbon bunkering proposals despite the International Maritime Organization’s recent vote to delay regulatory talks for new marine decarbonization rules by a year. On Oct. 3, MPA awarded the study to a consortium led by Keppel Ltd. to examine solutions on Jurong Island. The

by hellenicshippingnews… on 29 October 2025 at 1:00 pm

Today, Wednesday, October 29 2025, the Baltic Dry Index climbed by 11 points, reaching 1961 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry …

on 29 October 2025 at 11:55 am

Cargill is seeing higher freight rates and bunker consumption after China and the US imposed reciprocal port fees on ships linked to each other, according to its top maritime executive, as the major US trader evaluates how the fees could affect its shipping costs. The world’s two largest economies have begun charging ship operators the high levies since Oct. 14, which industry participants suggest

by hellenicshippingnews… on 29 October 2025 at 11:00 am

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended losses on Tuesday, weighed down by declining vessel rates across all segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 26 points, or 1.3%, to 1,950 points, its lowest in …

on 28 October 2025 at 5:28 pm

Shipping companies might face multiple sets of emissions regulatory regimes, Finnish marine technology company Wartsila said Oct. 28, with the International Maritime Organization’s new decarbonization rules hanging in the balance. In mid-October, IMO member states voted to delay the Net-Zero Framework’s adoption by a year due to strong US opposition, prompting doubts over the global regulator

by hellenicshippingnews… on 28 October 2025 at 1:00 pm

Today, Tuesday, October 28 2025, the Baltic Dry Index decreased by 26  points, reaching 1950 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry …

on 28 October 2025 at 4:52 am

Singapore GasCo has started engaging with potential LNG suppliers, and the company aims to be operationally ready by Jan. 1, 2026, Chief Executive Alan Heng said at an industry event in Singapore on Oct. 28. “Our search for long-term contracts has begun,” Heng said at the Asia Gas Markets Conference hosted by S&P Global Commodity Insights and held during the Singapore International Energy Week

by hellenicshippingnews… on 27 October 2025 at 10:00 pm

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to a more than two-week low on Monday, pressured by losses across all vessel segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 15 points, or 0.8%, to 1,976 points, …

by hellenicshippingnews… on 27 October 2025 at 10:00 pm

Iron ore futures prices climbed on Monday to their highest in nearly two weeks, as optimism over easing trade tensions between China and the United States, the world’s two largest economies, outweighed demand concerns in top consumer China. Top Chinese and U.S. economic officials on Sunday hashed out the framework of a trade deal for …

by hellenicshippingnews… on 27 October 2025 at 1:00 pm

Today, Monday, October 27 2025, the Baltic Dry Index decreased by 15 points, reaching 1976 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry …

by hellenicshippingnews… on 27 October 2025 at 11:00 am

China’s biggest all-electric bulk carrier, named Gezhouba, was launched in Yichang, central China’s Hubei Province, marking a key milestone in the country’s green and intelligent shipping sector. The vessel, with a length of nearly 130 meters and a maximum load capacity of over 13,000 tonnes, is equipped with 12 lithium battery power units providing total …

by hellenicshippingnews… on 26 October 2025 at 10:00 pm

Capesize The Capesize market lost some of its earlier momentum this week, ending on a softer note. Early positivity in the Pacific, driven by steady miner demand, increased operator activity, and weather-related port delays in China, gave way to a quieter close as offers on C5 slipped from the mid to high $10.00s into the …

by hellenicshippingnews… on 24 October 2025 at 9:00 pm

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended losses on Friday and was headed for a weekly loss, pressured by declining capesize vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 66 points, or 3.2%, to 1,991 …

by hellenicshippingnews… on 24 October 2025 at 9:00 pm

Taylor Maritime Limited, the specialist dry bulk shipping company, today announces its unaudited financial and operating results for the quarter ended 30 September 2025. Commenting on the trading update Edward Buttery, Chief Executive Officer, said: “Further to our last quarterly trading update, we completed an additional three vessel sales during the period, and one post …

by hellenicshippingnews… on 24 October 2025 at 9:00 pm

Iron ore futures prices dipped on Friday, snapping a three-session winning streak, as demand in top consumer China softened, hit by shrinking steel margins. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.58% lower at 771 yuan ($108.24) a metric ton, posting a 0.1% weekly fall. By 0711 …

by hellenicshippingnews… on 24 October 2025 at 12:00 pm

Today, Friday, October 24 2025, the Baltic Dry Index decreased by 66 points, reaching 1991 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry …

by hellenicshippingnews… on 23 October 2025 at 9:00 pm

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to a one-week low on Thursday, weighed down by losses in capesize vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 35 points, or 1.7%, to 2,057 points, its …

by hellenicshippingnews… on 23 October 2025 at 9:00 pm

Iron ore futures prices rose on Thursday for a third straight session, boosted by hopes of stimulus measures and upbeat steel data from top consumer China. The Communist Party leadership’s four-day closed-door meeting that began on Monday is expected to release an outline of its next five-year policy. Hopes lingered that China may unveil some …

by hellenicshippingnews… on 23 October 2025 at 5:00 pm

Australia’s Fortescue posted a 4.2% rise in first-quarter iron-ore shipments on Thursday, a record for first-quarter production for the firm on the back of higher hematite shipments. Chaired by billionaire founder Andrew Forrest, Fortescue shipped 49.7 million metric tonnes of iron ore in the three months ended September 30, compared with 47.7 million tonnes shipped …

by hellenicshippingnews… on 23 October 2025 at 10:00 am

Today, Thursday, October 23 2025, the Baltic Dry Index decreased by 35 points, reaching 2057 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry …

by hellenicshippingnews… on 22 October 2025 at 9:00 pm

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, was relatively unchanged on Wednesday as gains across panamax vessels offset declining capesize rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 2 points, or 0.1%, at 2,092 points. The capesize …

by hellenicshippingnews… on 22 October 2025 at 9:00 pm

China’s soybean supply chain took a sharp turn south in September. No U.S.-origin soybeans were discharged at Chinese ports, the first zero month since 2018, as buyers leaned heavily on Brazil and Argentina. Signal Ocean cargo flow analytics confirm U.S. volumes collapsing while South American loadings surged, coinciding with a jump in CBOT soybean futures …

by hellenicshippingnews… on 22 October 2025 at 9:00 pm

Iron ore futures prices drifted higher on Wednesday, as bets that easing U.S.-China trade tensions and Beijing unveiling more stimulus measures to support economic growth outweighed concerns over rising ore supply and diminishing steel demand. Hopes grew for a de-escalation of trade spat between the world’s two largest economies after U.S. President Donald Trump said …