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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...

Iron ore rebounds as weak China data revives stimulus hopes

Iron ore futures gained on Wednesday, snapping multiple sessions of losses, after soft factory data from top consumer China bolstered hopes of a fresh...

Intermodal Weekly Market Report [W49]

Soybeans have again emerged as one of the most influential variables for dry bulk demand, especially for Kamsarmax vessels that anchor the Brazil–China and...

Iron ore extends losses as Simandou project starts supply

Iron ore futures prices extended their declines on Tuesday, as the big Simandou project in Guinea, West Africa, shipped its first ore, raising the...

Iron ore slips as sagging China demand weighs

Iron ore futures slipped on Monday, as sagging demand in top consumer China, along with increasing equipment maintenance and the lack of new stimulus...

Rio Tinto sees up to $10 billion in divestment potential

Rio Tinto CEO Simon Trott outlined a plan on Thursday to generate $5 billion to $10 billion through divestments and productivity growth, as he...

Iron ore extends decline as higher supply sours sentiment

Iron ore futures prices slipped for a second consecutive session on Thursday, as mounting global supplies weighed on market sentiment. The most-traded January iron ore...

Russia oil revenue falls by a third on weak crude, strong ruble

The Russian government’s oil proceeds shrank by almost a third in November from a year ago as weaker crude prices and a stronger currency...

Intermodal Weekly Market Report [W48]

Beijing’s release of the first batch of 2026 import quotas has prompted Chinese independent refiners, including both larger and smaller “teapot” refineries, to re-emerge...

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Robin Energy announces reverse stock split

Robin Energy, an international ship-owning company providing energy transportation services globally, announced that its board of directors has determined to effect a one-for-fifteen (1-for-15)...

Seanergy Maritime announces pricing of €100 million unsecured corporate bond trading on Euronext Athens

Seanergy Maritime Holdings Corp. announced the pricing of the offering of €100 million of unsecured bonds to investors in Greece. The Bonds will be...

Diana Shipping urges Genco Shipping & Trading shareholders to tender their shares by Friday, July 10

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

NORDEN raises full-year guidance

Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026...

A.P. Moller Holding announces the acquisition of Ocean Yield from KKR

A.P. Møller Holding A/S and KKR, a leading global investment firm, announced that they have signed an agreement under which a subsidiary of A.P....

Höegh Autoliners extends contract with major Asian car producer into 2029

Höegh Autoliners ASA has agreed an extension of an existing contract with a major...

METLEN and Tsakos Group formalise partnership to develop one of Greece’s largest hybrid renewable...

METLEN and Tsakos Group formalised the launch of their partnership through METLEN’s entry into...

Foreship unveils RoRo ferry concept tailored to Greek ferry market

Foreship, part of the RINA Group, has developed a new roll-on/roll-off (RoRo) ferry design...

IMO Secretary-General condemns new attacks on ships in the Strait of Hormuz

IMO Secretary-General Arsenio Dominguez issued the following statement: “I regret that once again I am...

Seaspan and Maersk advance fleet efficiency through strategic vessel upgrade program 

Seaspan Corporation Pte. Ltd., a leading independent maritime asset owner and operator, has announced...

Hapag-Lloyd uses shore power in the Port of Hamburg

Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use of shore power in...

DP World drives record efficiency and vessel performance at DAR Es Salaam port

DP World Dar Es Salaam has achieved record vessel performance and reduced cargo discharge times by more than 90% at the Port of Dar...

Piraeus Container Terminal marks 16 years, reports rise in cargo volumes

Piraeus Container Terminal (PCT) marked 16 years of operations, highlighting the contribution of its employees and partners in transforming the port of Piraeus into...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...