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Sunday, October 6, 2024

Metals

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Metals

Iron ore soars to near 3-month high on China’s fresh property stimulus

Iron ore futures surged to a near three-month high on Monday, propelled by improving demand outlook on the back of top consumer China’s latest...

Iron ore extends gains to near $100/t after China pledges more stimulus

Prices of iron ore futures extended gains into a third straight session on Thursday, after top consumer China’s pledge for more stimulus injected further...

Iron ore jumps to over three-week high on China stimulus, soft global supply

Prices of iron ore futures surged on Wednesday to their highest levels in more than three weeks, as a fresh batch of monetary easing...

Iron ore posts steepest daily rise in over 1 year on fresh China stimulus

Prices of iron ore futures surged on Tuesday to log their largest intraday gain in more than a year, as a wave of fresh...

Iron ore hits over 1-year low on soft China demand prospects, firmer supply

Iron ore futures fell on Monday to their lowest in more than a year, as investors weighed prospects of soft China demand amid an...

Iron ore climbs on China stimulus hopes, softer stockpiles

Prices of iron ore futures gained ground on Thursday, as prospects of fresh Chinese monetary stimulus and lower inventories overshadowed concerns of the top...

Iron ore posts steepest daily fall in nearly two years

Iron ore futures prices posted their biggest daily fall in nearly two years on Wednesday, weighed down by prospects of stronger global supply and...

China’s weak steel, strong iron ore imports shaped by prices

China’s steel and iron ore sectors are in an apparent state of disconnect, with steel output trending weaker but imports of the key raw...

Iron ore soars to over one-week high on upbeat seasonal demand outlook

Iron ore futures prices surged on Thursday to hit their highest in more than a week, as prospects of improved seasonal demand in China...

Iron ore climbs on firmer exports, lower supply

Prices of iron ore futures rose on Wednesday as firmer exports and softer supply in China outweighed concerns over the top consumer’s faltering demand...

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GOGL: Renewal of share buy-back program

The Board of Directors of Golden Ocean Group announced the establishment and renewal of a share buy-back program. The Company has repurchased a total...

Stolt-Nielsen posts a third quarter net profit of $99.2 million

Stolt-Nielsen Limited reported unaudited results for the third quarter and the nine months ending August 31, 2024. The Company reported a third quarter net...

Trafigura secures USD3.2 billion-equivalent Syndicated Revolving Credit Facility and Term Loan Facilities

Trafigura, a market leader in the global commodities industry, announced the closing of its new Syndicated Revolving Credit Facility (“RCF”) and Term Loan Facilities...

Carnival reports record-setting operating results, outperforms Q3 guidance & raises full year guidance for 3rd time

Carnival Corporation & plc announced financial results for the third quarter 2024 and provided an updated outlook for the full year and an outlook...

Seanergy Mails Letter to Shareholders Highlighting its Commitment to Delivering Value to All Shareholders

Seanergy Maritime Holdings Corp. announced that it has commenced mailing of proxy materials to its shareholders in connection with the Company’s 2024 Annual Meeting...

Baltic Index hits two-week low as capesize rates dip

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

New LNG system opens in Greece aiming to reduce reliance on Russian gas

The new project, funded in part by the European Commission aims to reduce southeastern...

MISC signs shipbuilding contract for two LNG carriers; gets long-term charter with PETRONAS

MISC Bhd and Samsung Heavy Industries signed shipbuilding contracts for the construction of two...

Baltic index falls for third day on weaker rates for all vessels

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

Celestyal announces specialist coffee bar expansion

To mark international coffee day (October 1), Celestyal has announced the expansion of its...

CMA CGM: Notice of force majeure – ILA strike

As of October 1, 2024, the existing contract between the United States Maritime Alliance, and the International Longshoremen's Association is expired, and the ILA members...

US port workers and operators reach deal to end East Coast strike immediately

U.S. dock workers and port operators reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on...

US ports brace for shut down as dockworkers strike

A dockworkers' strike is set to shut down ports across much of the US indefinitely, threatening significant trade and economic disruption ahead of the...

US East Coast port strike set to start Tuesday, says union

A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association union said...

MSC Group establishes a new container terminal at Port of Aarhus

Port of Aarhus has just signed an agreement with the global container shipping company Mediterranean Shipping Company (MSC) for the lease of land at...