Markets

A cargo ship is loaded with coal during the opening ceremony of a new dock at the North Korean port of Rajin in this July 18, 2014 file photo. South Korea said on March 8, 2016 it would impose new sanctions against 40 individuals and 30 entities because of suspected links to North Korea's weapons programme and would ban vessels that had stopped at North Korean ports in the past 180 days. REUTERS/Yuri Maltsev/Files

June 30, 2022

Spot Australian thermal coal has surged, but contract price is key

The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market for...

June 29, 2022

Intermodal Weekly Market Report [W25]

LNG market remains tight currently, mainly driven by the US LNG outage from the recent fire in Freeport LNG terminal together with the recent fall...

June 29, 2022

Russia’s war pushes crude, diesel and grains to new trade routes

The immediate supply shock caused by Russia’s invasion of Ukraine was felt in power, petrol and supermarket prices across Europe — and now, as the...

June 29, 2022

Iron ore leads ferrous rally as China eases COVID curbs

Iron ore climbed fresh one-week highs on Tuesday, as China easing some quarantine requirements for international arrivals and Beijing and Shanghai recording no new local...

June 28, 2022

Petrobras Board Approves New CEO Amid Protests

The board of directors of Petrobras approved Caio Paes de Andrade as the company’s new chief executive officer, the fourth person at the helm of...

June 28, 2022

Iron ore climbs one-week high on China demand hopes, easing COVID curbs

Dalian and Singapore iron ore futures hit one-week highs on Monday, supported by hopes that Chinese steelmakers would restart dozens of blast furnaces idled due...

June 27, 2022

G-7 Negotiators Put Russia Oil Price Cap on Agenda for Leaders

Group of Seven negotiators agreed that discussions on a potential price cap on Russian oil had progressed enough to send the issue to leaders to...

June 27, 2022

Gibson Weekly Tanker Market Report [W25]

In recent months triple digit oil prices have become a new reality: unlikely to fall well below $100/bbl any time soon and potentially facing further...

A Chinese ship is loaded with soybeans at Port of Santos May 19, 2015. REUTERS/Paulo Whitaker

June 24, 2022

Chinese soymeal plunges 6% for biggest drop in nearly 10 years

China’s soybean meal and soyoil futures plunged on Thursday, catching up with fall in the overseas markets. (more…)

June 23, 2022

Russian Oil Tankers Get India Safety Cover via Dubai Company

India is providing safety certification for dozens of ships managed by a subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports...

June 23, 2022

Dalian iron ore sinks to 16-week low

Dalian iron ore futures tumbled on Wednesday to their lowest in 16 weeks, while a sell-off resumed in Singapore, as worries grew about an oversupply...