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Rio Tinto and Glencore discussed merger but talks no longer active, source says

Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer active, a person familiar...

Iron ore hits four-week high on lower shipments, softer dollar

Prices of iron ore futures climbed to a four-week high on Thursday, supported by reduced shipments from a major producer and growing expectations of...

Iron ore near two-week high on strong China data, U.S. tariff worries cap gains

Iron ore futures extended gains on Wednesday, aided by China’s better-than-expected credit data but the rise was capped by fears of escalating trade tensions...

Oil shipping rates surge after US sanctions hit availability

Supertanker freight rates jumped after the U.S. expanded sanctions on Russia’s oil industry, sending traders rushing to book vessels to ship supply from other...

Intermodal Weekly Market Report [W02]

The year 2025 commenced with uncertainty surrounding both the dry bulk and tanker sectors. Global geopolitical tensions continue to drive market volatility, shaping current...

Iron ore extends gains on lower shipments, robust China steel exports

Iron ore futures rose for a fourth straight session on Tuesday to hover near their highest levels in more than a week, helped by...

Iron ore hits more than one-week high on revived hopes of China stimulus

Iron ore futures rallied to their highest in more than a week on Monday, as revived hopes of more stimulus from top consumer China...

Dalian iron ore rebounds on Chinese stimulus, growing seasonal stockpiles

Dalian iron ore futures prices snapped a four-day losing streak on Thursday, aided by China’s latest stimulus measure and accelerated purchases by steel mills. The...

Iron ore hits 7-week lows on rising China stockpile, stimulus disappointment

Iron ore futures hit seven-week lows on Tuesday, weighed down by rising stocks of the steelmaking ingredient and disappointment over a lack of further...

Iron ore consolidates as market awaits more cues in the new year

Iron ore future prices were rangebound on Thursday as market participants await more cues on the trading outlook in the new year after mixed...

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Testing giants Bureau Veritas and SGS in merger talks

France's Bureau Veritas, opens new tab and Switzerland's SGS (SGSN.S), opens new tab are in merger talks to create a testing and certification giant...

DHT Holdings announces business update

DHT Holdings provides the following business update: “For the fourth quarter of 2024, the Company estimates time charter equivalent earnings for its fleet at $38,800...

Scorpio Tankers announces fixed income investor meetings

Scorpio Tankers through its Norwegian investment banks, will arrange a series of fixed income investor calls commencing on January 13, 2025. A five-year USD...

West fully acquires Nordic Marine Insurance

West announced the full acquisition of Nordic Marine Insurance, a leading provider of fixed premium insurance for the marine industry, specialising in Delay Insurance,...

BW LPG: Kristian Sorensen boosts shareholding

Kristian Sørensen, Chief Executive Officer has purchased 1,000 shares in BW LPG Limited on 19 December 2024 at a price of NOK 115 per...

Greek shipowners make cautious start to 2025

Greek shipowners have made cautious moves, with sales mainly of older ships, in the...

Shipping giants Maersk and Hapag-Lloyd see no immediate return to Red Sea

Two of the world's top shipping companies, Maersk, opens new tab and Hapag-Lloyd, opens...

Baltic index down for third straight session on lower capesize, supramax rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying...

US importers rush in goods from China as Trump tariff threat looms

U.S. imports from China finished the year strong after some companies stockpiled shipments of...

Baltic index extends decline on lower rates across vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying...

PPA S.A: MSC Cruise sailings started at the Port of Piraeus, a leading homeport cruise port in the Mediterranean

The Management of PPA S.A. welcomed the MSC Sinfonia to the port of Piraeus for 2025, hosting a special event where PPA’s DCEO, Cpt....

Wallenius Wilhelmsen wins terminal contract in Gothenburg

Wallenius Wilhelmsen is taking a strategic step to expand its logistics services by taking over the terminal operations in Gothenburg, Sweden. “It amplifies our operational...

ThPA: A new chapter with the entry of Margarita Louis-Dreyfus

LeonidsPort B.V. of the French Louis-Dreyfus family, whose homonymous business group (LDC) is one of the world’s largest agri-food trading and processing groups, intends...

PPA S.A.: First cruise ship of the year sails at the Port of Piraeus – Historical cruise passenger record

 PPA S.A. welcomed the Viking Saturn, the first cruise ship of the new year, to the Port of Piraeus through a special ceremony that included...

Crowley acquires Main Line, expanding harbor services with mooring capabilities

Crowley announced that it has expanded its harbor services capabilities through the acquisition of Main Line, a vessel mooring company based in Seattle, effective...