Markets

Markets

iron-ore-ship

May 23, 2019

China’s iron ore futures jumped to a new record high on Wednesday, fuelled by a persistently bullish outlook as steel mills look to source raw...
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oil_tanker

May 22, 2019

Not since 2005 have the world’s insurers considered shipping in the Persian Gulf so dangerous for oil tankers. (more…)
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tanker

May 21, 2019

A unit of asset management firm Carlyle Group LP this week will appeal to the Trump administration to guarantee a two-year approval of its South...
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Dalian Iron Ore

May 21, 2019

China’s iron ore futures continued to rise on Monday after recording their best weekly performance in six weeks, buoyed by expectations of a robust near-term...
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Malta-flagged Iranian crude oil supertanker "Delvar" is seen anchored off Singapore in this March 1, 2012 file photo. The United States expects countries that buy oil from Iran to further reduce their purchases if they want to avoid U.S. sanctions, a State Department source said on December 5, 2012.  REUTERS/Tim Chong (SINGAPORE - Tags: BUSINESS POLITICS ENERGY MARITIME)

May 17, 2019

A tanker carrying Iranian fuel oil in violation of U.S. sanctions has unloaded the cargo into storage tanks near the Chinese city of Zhoushan, according...
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The Angleviken Maltese oil tanker sails offshore Saint-Nazaire, western France, on March 10, 2016.   / AFP / LOIC VENANCE        (Photo credit should read LOIC VENANCE/AFP/Getty Images)

May 16, 2019

Russia’s efforts to resolve an unprecedented oil-contamination crisis suffered a setback as the nation loaded another tainted cargo from a port in the Baltic Sea,...
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Intermodal

May 15, 2019

As of May 1st, the U.S. has ended waivers to the sanctions that had allowed the top buyers of Iranian oil to continue their imports....
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Gibson

May 13, 2019

One of the forward looking indicators of how healthy (or unhealthy) the tanker supply/demand balance could be in a couple of years is the tanker...
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iron ore

May 9, 2019

The IMO 2020 regulation on shipping fuel oil is set to increase iron ore freight rates, consultancy Wood Mackenzie said. (more…)
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iron_ore

May 9, 2019

China’s iron ore imports in April fell to the lowest level in 18 months as poor weather in Brazil, the country’s second-biggest supplier, disrupted shipments...
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OIL

May 8, 2019

Oil prices tumbled, joining a slide in global equity markets as President Donald Trump’s latest tariff threats raised the stakes in the U.S.-China trade war....
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iron-ore-ship

May 7, 2019

U.S. President Donald Trump has just given commodity markets a reminder that stormy waters can blow up quite quickly even if the voyage ahead was...
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vale

May 7, 2019

Brazilian miner Vale SA said on Monday that a court had ordered it to halt operations at its Brucutu iron ore mining complex, reversing a...
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crude oil export korea

May 7, 2019

U.S. refiners have turned to several lesser-used oil suppliers in the wake of U.S. sanctions that restricted usual providers of widely-used grades as they gear...
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Gibson

May 6, 2019

Much of the current market focus is on crude supply, with sanctions, outages and unplanned disruptions impacting on supply. (more…)
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