According to Chinese customs authorities, iron ore imports for October came in at 95.0 MMT, down 4.7% MOM but up 3.7% YOY, taking the YTD total to 918.1 MMT, which […]
US investment giant BlackRock has become the second-largest shareholder in John Fredriksen-controlled tanker company Frontline. The move follows a similar investment in Fredriksen’s bulker giant Golden Ocean Group in September. […]
Bulker shares surged in New York on Friday as broader stock markets gained and investors took a liking to signs that China lockdown pains are poised to ease. The Breakwave […]
As Chinese corn buyers start looking for alternatives to expensive US corn and uncertain Ukrainian crop, the Chinese government has this week approved Brazilian corn for import. We analyze what […]
It was another quarter of profits and dividend distributions for Connecticut-based Eagle Bulk Shipping, but the company reported lower numbers across the board that showed the effects of a cooling […]
Royal Caribbean Group has achieved something it has not done since the pandemic suspended the entire cruise industry in March 2020. The New York-listed cruise major has made a profit. […]
It’s a rare occasion in shipping merger-and-acquisition deals that such a complete picture of the behind-the-scenes competition for a company emerges as it did this week with Grindrod Shipping Holdings. […]
Bulker and tanker firm Norden has declared another dividend and initiated more share buybacks after again reporting stellar results. The Copenhagen-listed company, which owns and operates product tankers and bulkers, […]
Since the first energy crunch a year ago, China has seriously ramped up domestic coal production in an effort to avoid excessive quantities of more expensive imported energy and even […]
Four days after suspending its backing for a UN-led safe passage for the seaborne transport of Ukrainian grain, Russia announced on Wednesday that it is returning to the scheme. The […]
