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Wednesday, May 21, 2025
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BIMCO: Chinese coal imports from Australia drop 98.6% as restrictions bite

In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tonnes as Chinese restrictions on Australian coal...

S. Korean refiners slash Middle East crudes to chase margins, low-carbon feed

The share of Middle Eastern crude in South Korea’s 2021 refinery feedstock import basket could fall to the lowest level in more than three...

Dry bulk: profits surge to multi-year highs as pandemic related demand & disruptions linger

Heading into the seasonally strongest part of the year, dry bulk owners have already enjoyed a very profitable year with the temporary factors helping...

Drewry: Port Throughput Down 2.2% During June

The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 235...

BIMCO – Chinese iron ore imports fall to 14-month low in July

Chines iron ore imports fell to 88.5 million tonnes in July, the lowest level since May 2020. The fall in July means that accumulated...

BIMCO: Are we looking at the next dry bulk super cycle? Is it even a cycle?

Throughout the first half of the year, talk of a new dry bulk super cycle has been on many lips as commodity prices have...

Container equipment prices have peaked and are expected to moderate

Prices of dry freight shipping containers have doubled over the past year to reach historic highs but will moderate over the next few years,...

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Golden Ocean reports first-quarter loss

Golden Ocean Group Limited, the world's largest listed owner of large size dry bulk vessels, announced its unaudited results for the quarter ended March...

Safe Bulkers maintains strong balance sheet in Q1; takes delivery of 12th newbuild

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three-month periods ended March 31, 2025.

ZIM reports financial results for the first quarter of 2025

ZIM Integrated Shipping Services announced its consolidated results for the three months ended March 31, 2025. First Quarter 2025 Highlights Net income for the first quarter...

Global Ship Lease reports results for the first quarter of 2025

Global Ship Lease, an owner of containerships, announced its unaudited results for the three months ended March 31, 2025. First Quarter of 2025 Highlights and...

New Fortress Energy posts quarterly loss as all segments show weak performance

New Fortress Energy posted a loss in the first quarter on Wednesday, as the U.S. LNG firm struggled with weak performance across its segments,...

Baltic Index inches lower on weaker capesize rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Baltic index down on lower capesize rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Stealth Maritime Corporation S.A. collaborates with Nutrigem Maritime Wellbeing Professionals

Stealth Maritime Corporation S.A. has entered into a new collaboration with Nutrigem Maritime Wellbeing...

Denmark first to launch data-driven remote pilotage

With approval from the Danish Emergency Management Agency, DanPilot and Danelec are now initiating...

Baltic Index Hits Over 1-Week Peak On Higher Capesize Vessel Rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Savannah container trade up 17 percent in April

The Georgia Ports Authority had its busiest April ever for container trade, moving 515,500 twenty-foot equivalent container units last month. The Port of Savannah...

PPA: Upgrade works at Piraeus port ahead of the summer season

The upgrade works on the infrastructure at the main passenger port of Piraeus are progressing rapidly, in view of the summer season and the...

April port of Los Angeles volume robust ahead of drop coming from tariffs

The Port of Los Angeles handled 842,806 Twenty-Foot Equivalent Units (TEUs) in April, 9.4% more than last year. After four months, the Port of...

NYK to build and operate next-generation finished-vehicle logistics terminal at Port of Barcelona

On May 7, NYK was awarded a 27-year concession from Port de Barcelona for a finished-vehicle logistics terminal at the port. The new facility, scheduled...

Port of Long Beach Busiest in U.S. through First Quarter

Coming off its best first quarter on record, the Port of Long Beach is the nation’s busiest port through the first three months of...