China’s biggest steelmaking hub Tangshan, located in the Hebei province says it no longer plans to limit steel output. Instead, it is taking a three prong approach likely to be […]
Shipping equities across maritime improved on Friday amid US, UK and European Union sanctions imposed against Russia for its heavy-handed invasion of Ukraine. Tanker stocks continued to advance from notable […]
Shipowners are refusing to sail to the Black Sea following attacks on vessels including bulk carriers and major shippers are declaring force majeure at their production facilities in Ukraine. Both […]
Ukraine: has officially halted operations in its large Black Sea deep seaport Yuzhny declaring force majeure. Yuznhy exported 25 MMT of iron ore last year (2% of global supply). Market […]
As Russia invades the Ukraine, there is growing talk about sanctions to be imposed by Western Europe and the USA on Russia. Such sanctions, however, are likely to exclude energy […]
As the West looks to cripple Russia’s economy in the wake of its invasion of Ukraine, shipping appears to be in regulators’ sights once more. Amid all the headline-grabbing black-listings […]
Genco Shipping & Trading is confident that the dry bulk market will continue to improve amid low supply, despite Russia’s attack on Ukraine on Thursday. Any disruption to commodities out […]
Russia’s invasion of Ukraine could hit bulker markets in the short term, but tonne-miles could rise over a longer period. This is according to Danish handysize specialist Lauritzen Bulkers’ chief […]
Oil prices jumped above $100 for the first time in seven years and global stock markets slumped after Russia launched what appeared to be an all-out invasion of neighboring Ukraine. […]
Pacific Basin Shipping is making a special dividend to shareholders following the most profitable year in its history. The Hong Kong-listed bulker owner recorded net profit of $844.8m for last […]
