Iron ore prices have been a model of stability in recent months despite the increasing clouds over the outlook for the key steel raw material.The benchmark Singapore Exchange contract ended at $95.25 a metric ton on Monday, down from $95.89…
Global Energy Storage Group (GES) has completed of the sale of its terminal located in the Port of Rotterdam to French-based firm Tepsa.The facility, which includes 212,000 m3 of tank storage and approximately 18 hectares of development land in the Europoort area…
Market average spot rates – July 8, 2025:Far East to US West Coast: USD 2673 per FEU (40ft container)Far East to US East Coast: USD 5151 per FEUFar East to North Europe: USD 3393 per FEUFar East to Mediterranean: USD 4197 per FEUNorth Europe…
“During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large markets. Cargo loadings headed to China and advanced economies slowed considerably, partly due to stronger electricity generation from renewables and to weaker steel production…
Peterhead is set to become the epicenter of flexible activity for the North Sea’s future energy landscape with a new quayside handling facility by Maritime Developments Ltd (MDL).The North-east flex-lay services company has entered a long-term…
Emirates Shipping Line (ESL) enters the US market with the launch of the Sun Chief Express (SCX).The Sun Chief Express (SCX) will directly connect Seattle, WA with Ho Chi Minh, and Shekou, while also providing wider coverage of Southeast Asia via these ports…
The General Directorate of Merchant Marine (DGMM) of the Panama Maritime Authority (PMA) has issued a series of warnings to Panamanian-flagged vessels due to rising tensions in the Middle East, through Maritime Notice MMN-04/2025.The DGMM highlighted…
Iran is maintaining crude oil supply by loading tankers one at a time and moving floating oil storage much closer to China, two vessel tracking firms told Reuters, as the country seeks to keep a key source of revenue while under attack from Israel…
X-Press Feeders Group, the world’s largest independent common carrier, has signed two agreements with COSCO SHIPPING Lines, one of the world’s largest mainline operators, to expand network coverage, strengthen mainline-feeder coordination and improve service reliability…
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.Geopolitical risk has spiked following Israel's surprise bombardment…
Japan's second-largest shipping company, Mitsui O.S.K. Lines (MOL), is operating as usual in the Gulf while closely monitoring the situation in the region, CEO Takeshi Hashimoto said on Tuesday.'We are operating so many containers, car carriers and chemical tankers so that it is very…
Peter Sand, Xeneta Chief Analyst, shared insights following the escalation of the Israel-Iran conflict.“Geo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation in the conflict between Israel and Iran…
Wallenius Sol took delivery of the RoRo vessel South Enabler from the Visentini Shipyard.In February 2025, a new chapter began in European shipping as Wallenius Sol announced the acquisition of Mann Lines, significantly expanding the Swedish shipping line’s customer base and presence in key markets…
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