UK Sanctions 137 Tankers and Traders for Involvement in Moving Russian Oil
The UK has taken another swipe at Russia’s energy exports with a fresh set of sanctions on 135 oil tankers,…
Trickle of Containerships Return to Suez Canal Under Discount Program
Two months into its special discount program to draw containerships back to the Suez Canal, the authority reports that 10…
Iron ore futures hit multi-month highs on mega-dam announcement
Iron ore futures surged to their highest levels in nearly five months on Monday, buoyed by the announcement of construction…
Baltic Index Snaps 7-Session Winning Streak As Larger Vessel Rates Fall
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell on Monday to…
China’s June soybean imports from Brazil climb 9% from the prior year
China’s soybean imports from Brazil in June climbed by 9.2% from a year earlier, customs data showed on Sunday, driven…
Bangladesh signs US wheat-import deal in bid to curb tariff pressure
Bangladesh signed a deal on Sunday to import 700,000 tonnes of wheat annually from the United States over the next…