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Iron ore futures prices steadied on Wednesday, with analysts cautioning that the recent rally may have run ahead of market fundamentals. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) closed flat at 803.5 yuan ($112.87) a metric ton. The benchmark September iron ore (SZZFU5) on the Singapore Exchange was 0.09% lower ...
https://www.hellenicshippingnews.com/iron-ore-little-changed-as-analysts-warn-of-overstretched-rally/Chinese importers kept up a hectic pace of Argentine soybean purchases after the South American supplier’s move to abolish export taxes temporarily made its prices competitive, traders said on Wednesday. The purchases are chipping away at U.S. market share as its farmers begin harvesting a bumper crop shunned by China amid a trade war between ...
https://www.hellenicshippingnews.com/china-expands-argentina-soybean-buying-to-20-cargoes-traders-say/Massive year on year growth in Guinean bauxite trade has also absorbed Capesize substantial tonnage in 2025, contributing to recent freight market spikes. In its Q3 Dry Bulk Market Report, MSI notes that a staggering 34% year on year rise in export volumes in the first half of the year had a significant impact on ...
https://www.hellenicshippingnews.com/guinea-china-bauxite-trade-takes-a-big-bite-of-2025-capesize-tonnage/The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to a nearly two-month high on Wednesday, driven by increased prices across capesize and panamax vessel segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 40 points to 2,240 ...
https://www.hellenicshippingnews.com/baltic-index-hits-near-two-month-high-on-capesize-panamax-strength/Deltamarin’s head of research and development, Mia Elg, believes the next 12 months will bring steady but important steps for shipping technology rather than sudden leaps. “Twelve months is a short time in this industry, especially for anything new to break through in larger scale,” she says. “Of the technologies that have been on piloting …
Chinese demand for bauxite is reshaping the dry bulk market, with imports of the aluminium ore hitting record levels in 2025 and pushing large carriers further into the spotlight. Between January and August, port discharges of bauxite in China reached 145.2m tonnes, up 26% on the same period last year, according to vessel tracking data …
https://splash247.com/chinas-aluminium-push-lifts-seaborne-bauxite-to-fresh-records/
https://splash247.com/chinas-aluminium-push-lifts-seaborne-bauxite-to-fresh-records/Splash Extra, our monthly title giving readers an incisive brief into where the shipping markets are headed, is now available for free to read. Launched in January 2019, and published on the final Wednesday of every month, Splash Extra contains a topical agenda including exclusives, the monthly take on the top news, our own analysis …
https://splash247.com/splash-extra-now-free-for-all-to-access/
https://splash247.com/splash-extra-now-free-for-all-to-access/Israeli billionaire Idan Ofer is moving to take LNG carrier owner Cool Company (CoolCo) private through his investment arm EPS Ventures. EPS, which already controls nearly 60% of CoolCo, is in advanced talks to buy out the remaining shares at $9.65 each in cash. The offer values the Oslo- and New York-listed firm at a …
https://splash247.com/idan-ofers-eps-moves-on-full-coolco-takeover/
https://splash247.com/idan-ofers-eps-moves-on-full-coolco-takeover/Norwegian offshore services player Reach Subsea has exercised the first in a series of options with Kongsberg Maritime to order two more uncrewed surface vessels (USVs). The contract terms for the USVs, to be named Reach Remote 3 and Reach Remote 4, have been mutually agreed upon and remain confidential between the parties. Delivery is …
https://splash247.com/reach-subsea-orders-two-more-usvs-from-kongsberg/
https://splash247.com/reach-subsea-orders-two-more-usvs-from-kongsberg/TotalEnergies has renewed the contract with the Norwegian offshore supply vessel owner DOF Group for its Skandi Patagonia construction support vessel (CSV), which will remain on duty in Argentina.The new contract will see the Skandi Patagonia…
https://www.marinelink.com/news/totalenergies-prolongs-stay-skandi-530358
https://www.marinelink.com/news/totalenergies-prolongs-stay-skandi-530358