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Thursday, April 25, 2024

Metals

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Metals

Iron ore rises on upbeat Chinese industrial data, demand hopes

Dalian iron ore futures rose for the second consecutive session on Wednesday, as market participants reacted to robust industrial data amid expectation of economic...

Port Hedland Iron Ore Exports Down 5% In November

Pilbara Ports delivered a total monthly throughput of 61.5 million tonnes (Mt) for November 2023. This throughput was a four per cent decrease compared to...

Iron ore extends fall on weak data, sentiment

Iron ore futures extended losses on Monday, as some investors unwound long positions amid persistently weak data and fading hopes for more stimulus in...

Dalian iron ore slides on more weak data, sluggish restocking

Chinese iron ore futures extended declines on Thursday, as the market digested a lack of new stimulus measures and data showing weaker-than-expected bank lending...

Iron ore retreats as hopes of strong China stimulus weaken

Iron ore futures retreated on Wednesday as investors became wary of possible downside risks after stimulus announced a day before during an agenda-setting meeting...

Iron ore slides on disappointing China data, falling demand

Iron ore futures fell on Monday on downbeat investor sentiment due to disappointing data in top consumer China as well as falling demand for...

China to set up coal production reserve to stabilise prices

China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even...

Iron ore rises on upbeat economic data, easing intervention concerns

Dalian iron ore futures rose on Wednesday, buoyed by positive economic data and persistently strong demand and as concerns over China’s supervision of the...

Dalian iron ore futures slip on concerns over market supervision

Dalian iron ore futures declined on Tuesday on lingering fears of China’s supervision of the markets to ensure price stability, though analysts cautioned that...

Iron ore benchmarks diverge as China tries to cool prices

The two main spot prices for iron ore diverged last week, with Singapore-traded contracts gaining but China’s domestic futures posting a decline. The two benchmarks...

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BW LPG shares to start trading on NYSE

BW LPG issued an announcement regarding the Company′s public filing of a registration statement on Form 20-F with the U.S. Securities and Exchange Commission,...

Danaos secures financing for eight new containerships

Watson Farley & Williams advised Danaos Corporation on a US$450m post-delivery senior secured term loan facility to finance eight newbuild vessels under construction in...

Genco slams George Economou in letter to shareholders

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, announced that it has filed...

IMF Sees Slow and Steady Growth of Global Economy

The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing...

Euronav And Anglo-Eastern Join Forces

Euronav NV and Anglo-Eastern Univan Group announced a Heads of Agreement for the sale and purchase of Euronav Ship Management Hellas (“ESMH”), Euronav’s ship...

MSC offers to buy Gram Car Carriers

MSC Group, through its subsidiary SAS Shipping Agencies Services, has agreed to acquire Norway-based...

Baltic index extends losses on falling capesize rates

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

Baltic index hits one-week low on capesize weakness

The Baltic Exchange’s dry bulk sea freight index extended declines on Tuesday and touched...

Celestyal launches new ‘National Geographic Day Tours’

Celestyal has launched a series of seven ‘National Geographic Day Tours’, available across Greece...

ABS Releases Industry First Advisory on Methanol Bunkering

With the publication of ABS Methanol Bunkering: Technical and Operational Advisory, ABS is expanding...

Wilhelmsen partners with AD Ports Group and Inveco LLC to enhance trade along Middle Corridor

Wilhelmsen Port Services joins hands with AD Ports Group and Inveco LLC in a strategic partnership, as AD Ports Group takes over 60% ownership...

Container throughput in port of Rotterdam increases in first quarter of 2024

Total throughput at the port of Rotterdam fell by 1.4% in the first quarter of 2024 compared to the same period last year. In...

Port of Los Angeles finishes first quarter up 30% over previous year

The Port of Los Angeles handled 743,417 container units in March, a 19% increase over the previous year. It was the eighth consecutive month...

Port of Antwerp-Bruges Reports Resilient Performance in Q1

The total cargo throughput of Port of Antwerp-Bruges amounted to 70.4 million tonnes in the first quarter of this year, a rise of 2.4%...

Port of València export freights grow by 2.13% in March

Export freights from the Port of València stabilised in March and experienced a slight increase of +2.13%. This is reflected in the València Containerised...