Wednesday, May 6, 2026

Metals

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Metals

Iron ore rallies as China pledges more proactive fiscal policies in 2026

Iron ore futures prices rallied on Monday as top consumer China’s pledge of more proactive fiscal policies in 2026 boosted sentiment and demand hopes...

Iron ore ends the week lower due to lower demand, stockpile build-up

Iron ore futures edged up on Friday as China announced that it would continue with its export licensing plans, but ultimately ended the week...

Iron ore slips as mill maintenance, rising China port stocks weigh

Iron ore futures prices closed lower on Tuesday, weighed by steel mills undergoing annual furnace maintenance and rising Chinese port inventories. The most-traded May iron...

Dalian iron ore extends gains on tight BHP supply, firmer hot metal production

Dalian iron ore futures extended gains to a fifth session on Monday on tight supply of BHP’s Jimblebar and Jingbao fines, while firmer blast...

Iron ore extends gains on improving steel margins, restocking hopes

Iron ore futures extended gains on Thursday, aided by improved steel margins and the expectation of feedstock replenishment among steel mills in top consumer...

Iron ore at one-week high, bolstered by improved spot market liquidity

Iron ore futures prices rose to a one-week high on Wednesday, helped by accelerated buying in the spot market as steelmakers in top consumer...

Iron ore edges higher on anticipation of holiday restocking

Iron ore futures prices rebounded on Tuesday after touching a five-month low in the prior session, helped by the anticipation of a wave of...

Dalian iron ore hits five-month low as China plans to regulate steel exports

Prices of Dalian iron ore fell on Monday to hit their lowest level in more than five months, as top consumer China’s plan to...

Glencore to ship first cobalt cargo under Congo’s new quota system

Glencore GLEN has become the first miner to export cobalt under Democratic Republic of Congo’s new quotas, sending a small initial shipment to test...

Iron ore slides as China demand outlook dims

Prices of iron ore futures slid on Thursday on elevated concerns over demand in top consumer China fueled by weakening steel consumption that has...

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Scorpio Tankers announces financial results for the first quarter of 2026

Scorpio Tankers Inc. reported its results for the three months ended March 31, 2026. The Company also announced that its board of directors has...

Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

South Korea’s HMM says ship set ablaze in Strait of Hormuz to be towed...

South Korean shipper HMM, opens new tab said on Wednesday it had secured a...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...