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Friday, March 29, 2024

Metals

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Metals

Iron ore rebounds on improving risk sentiment, supply concerns

Iron ore futures rebounded on Monday as risk-off sentiment hurt by Chinese intervention last week eased, while low inventories amid rising stockpiling needs, improving...

Iron ore subdued as China winter demand in focus

Dalian and Singapore iron ore futures were subdued on Thursday amid worries that Chinese demand for the steelmaking ingredient will remain weak in the...

Dalian iron ore extends fall on China property sector concerns

Dalian iron ore futures fell on Monday, dragged by persistent concerns about China’s property sector crisis, and signs of weakening demand from Chinese steel...

Iron ore buyers bet bad China property news is actually good

Iron ore investors appear to be taking the view that bad news is actually good news, bidding up the spot price even as the...

Iron ore retreats as lower steel output, property woes weigh

Iron ore retreated on Wednesday, as lower-than-expected steel output and a protracted property crisis fueled concerns over demand outlook in the world’s largest consumer...

Iron ore gains as latest China stimulus lifts sentiment

Iron ore strengthened on Monday as investor sentiment was boosted by the latest China stimulus, shrugging off downward pressure from production cuts among some...

China’s robust imports of major commodities question weak economy view

China’s imports of major commodities remained resilient in September and paint a different picture to the market narrative that the world’s second-largest economy is...

Iron ore futures slump as China concerns weigh on sentiment

Iron ore futures fell on Monday, with the Dalian benchmark hitting its lowest in nearly six weeks after the Golden Week holiday, as negative...

Asia’s coal sector sees long, prosperous life despite energy transition

Asia’s coal sector has gone from thinking they are in terminal decline as the world shifts to a net-zero carbon future to seeing themselves...

Iron ore climbs on hot metal output data ahead of China holiday break

Iron ore futures rose on Thursday, helped by higher hot metal output data, even as traders preferred to take a watchful stance ahead of...

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Hafnia files for listing on New York Stock Exchange

Hafnia Limited announced that it has publicly filed a registration statement on Form 20-F with the U.S. Securities and Exchange Commission, with the intention...

Carnival rides on record cruise demand to lift annual profit forecast

Carnival Corp opens raised its annual profit forecast on Wednesday, anticipating a record year of bookings as the company benefits from a rise in...

TEN Beats Revenue Estimates In Q4

Tsakos Energy Navigation reported fourth-quarter FY23 Voyage revenue of $220.2 million, down from $270.3 million in the prior year quarter but above the consensus...

Euronav Announces Dividend Proposal And Further Fleet Optimisation And Growth

Euronav NV announces its dividend proposal at the Annual Shareholders’ Meeting and further fleet optimisation with the sale of three VLCCs, the delivery of...

BW Group Contemplating Block Sale of Shares in Hafnia

BW Group Limited has retained DNB Markets, part of DNB Bank ASA, Fearnley Securities AS, and Pareto Securities AS as Joint Global Coordinators and...

Vitol completes first delivery of B30 biofuel blend in Singapore

Vitol Bunkers has completed the first delivery of B30 biofuel blend in Singapore, the...

Baltic index posts worst week in more than two months

The Baltic Exchange’s main dry bulk sea freight index extended declines on Thursday to...

Cruise Division of MSC Group Further Strengthens Greece Offering

MSC Cruises and Explora Journeys to make over 400 calls to Greek ports in...

Houthis could partner with Iran, Somali pirates on Indian Ocean attacks

Yemen-based Houthi militants could keep the promise to extend their attacks to merchant ships...

Baltic index slides for seventh straight session

The Baltic Exchange’s main dry bulk sea freight index on Wednesday fell for the...

Adani acquires 95% stake in Gopalpur Port

APSEZ has entered into a definitive agreement to acquire Gopalpur Port Limited (GPL) at an enterprise value of INR 3,080 crore Gopalpur is a road-rail...

Shipping traffic freezes up in port waters after Baltimore bridge collapse

Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while vessels were stranded inside the port after traffic was halted...

MSC completes agreement for Clasquin

MSC Mediterranean Shipping Company, through its subsidiary SAS Shipping Agencies Services Sàrl, has announced an agreement to acquire a 42.06% stake in Clasquin, a...

Port Hedland Iron Ore Exports Steady in February 2024

Pilbara Ports delivered a total monthly throughput of 52.7 million tonnes (Mt) for February 2024. This throughput was a four per cent decrease compared to...

Successful transportation of electric busses through Port of Piraeus

A total of 140 Yutong electric busses were successfully transported, reaching the Port of Piraeus and efficiently unloaded at the car terminal station for...