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Iron ore futures edged higher on Monday, buoyed by strong China trade data, although gains were limited by production curbs in major steelmaking regions in the world’s second-largest economy. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 0.26% higher at 766.5 yuan ($106.92) a metric ton. The benchmark ...
https://www.hellenicshippingnews.com/iron-ore-futures-rise-on-strong-china-trade-data/
https://www.hellenicshippingnews.com/iron-ore-futures-rise-on-strong-china-trade-data/China’s June coal imports fell to the lowest monthly level in over two years, General Administration of Customs data showed on Monday, as the country’s miners ramped up domestic production to replace lower-grade coal imports. China’s June imports were 33.04 million metric tons, the lowest level since February 2023 and down 26% from June a ...
https://www.hellenicshippingnews.com/chinas-june-coal-imports-sink-to-more-than-two-year-low/
https://www.hellenicshippingnews.com/chinas-june-coal-imports-sink-to-more-than-two-year-low/China’s iron ore imports in June climbed by 8% from May as some miners ramped up shipments to meet quarterly targets after cyclones in Australia hit first quarter imports and as lower ore prices and healthy steel margins spurred demand. The world’s largest iron ore consumer brought in 105.95 million metric tons of the key ...
https://www.hellenicshippingnews.com/china-june-iron-ore-imports-climb-as-healthier-steel-margins-spur-demand/The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, rose to a four-week high on Monday, supported by gains across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, gained 120 points, or 7.2%, to 1,783 points, its highest level since ...
https://www.hellenicshippingnews.com/baltic-dry-index-rises-to-four-week-high-on-broad-based-vessel-gains/Dry bulk demand is expected to remain soft throughout 2025, with a few exceptions. In its latest weekly report, shipbroker Intermodal said that “the Baltic Dry Index is on a downward trend, suffering losses of 28% since mid-June, reading 1,431 at the time of writing. This drop is primarily driven by softening market conditions in ...
https://www.hellenicshippingnews.com/dry-bulk-market-slower-demand-to-hurt-freight-rates-throughout-2025/dship Carriers from Hamburg has selected Liebherr’s LS 250 heavy-duty cranes to equip at least four of the ships in its fleet.The LS 250 cranes are designed to comply with the requirements of the St. Lawrence Regulations. These regulations apply to ships navigating the St.
https://www.marinelink.com/news/liebherr-equip-dships-fleet-eight-527915
https://www.marinelink.com/news/liebherr-equip-dships-fleet-eight-527915Shipping company Stena Bulk confirmed that it is in the final stage of executing its plan to reflag five of its Suezmax tankers under the Swedish flag. The first vessel—Stena Sunrise—is now fully prepared for reflagging, which is scheduled to…
https://www.marinelink.com/news/stena-bulk-takes-next-step-reflag-first-527920
https://www.marinelink.com/news/stena-bulk-takes-next-step-reflag-first-527920Saronic Technologies and Vigor Marine Group have entered into a strategic partnership focused on rapidly advancing the delivery of autonomous maritime capabilities and strengthening operational support for defense and commercial customers.The…
https://www.marinelink.com/news/saronic-vigor-form-alliance-advance-527921
https://www.marinelink.com/news/saronic-vigor-form-alliance-advance-527921Terma A/S, a leader in surveillance radar technology, has partnered with Sperry Marine, a manufacturer and service provider of marine navigation systems, to deliver the SCANTER 4603 and SCANTER 6002 series of naval surveillance radar to Seaspan…
https://www.marinelink.com/news/sperry-marine-delivers-terma-surveillance-527923
https://www.marinelink.com/news/sperry-marine-delivers-terma-surveillance-527923Saronic Technologies and Vigor Marine Group today a strategic partnership focused on rapidly advancing the delivery of autonomous maritime capabilities and strengthening operational support for defense and commercial customers. Vigor brings…
https://www.marinelink.com/news/saronic-technologies-vigor-marine-group-527926
https://www.marinelink.com/news/saronic-technologies-vigor-marine-group-527926