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Shipments of iron ore on the Great Lakes decreased 19.1 percent from 2024 to 3.4 million tons in November. Shipments were below the month’s 5-year average by 20.3 percent.Year-to-date, the iron ore trade stands at 39.2 million tons, a decrease…
https://www.marinelink.com/news/great-lakes-iron-ore-trade-down-november-533125
https://www.marinelink.com/news/great-lakes-iron-ore-trade-down-november-533125On December 3, a joint venture company comprising NYK, Kawasaki Kisen Kaisha, MISC, and China LNG Shipping (Holdings) Limited held a naming ceremony for two new 174,000cbm LNG carriers for QatarEnergy.The ceremony was held at HD Hyundai Heavy Industries in South Korea.
https://www.marinelink.com/news/two-new-lng-carriers-delivered-533126
https://www.marinelink.com/news/two-new-lng-carriers-delivered-533126Italy’s Fincantieri and Bahrain’s Arab Shipbuilding & Repair Yard (ASRY) signed an industrial cooperation agreement to explore joint opportunities in naval and offshore vessel construction and maintenance.Under the agreement, the two companies…
https://www.marinelink.com/news/fincantieri-asry-agree-explore-gulf-533127
https://www.marinelink.com/news/fincantieri-asry-agree-explore-gulf-533127GTT announces that it has received, in the fourth quarter of 2025, an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of two new liquefied natural gas (LNG) carriers.The LNG carriers will be built by the shipyard Hyundai Samho Heavy Industries (HSHI)…
https://www.marinelink.com/news/gtt-gets-hd-ksoes-tank-design-task-two-533128
https://www.marinelink.com/news/gtt-gets-hd-ksoes-tank-design-task-two-533128The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, extended its upward trend into a 15th straight day on Wednesday, soaring 9.4% to a new peak since December 2023 at 2,845 points. The index also recorded its strongest daily rise since October 13. The capesize index, which typically transports 150,000-ton ...
https://www.hellenicshippingnews.com/baltic-dry-index-rally-continues/
https://www.hellenicshippingnews.com/baltic-dry-index-rally-continues/Iron ore futures settled slightly lower on Wednesday amid weakening demand signals, while traders awaited upcoming economic meetings in China for guidance on potentially supportive growth targets. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) was 0.19% lower at 799.5 yuan ($113.19) a metric ton. The benchmark January iron ore (SZZFF6) ...
https://www.hellenicshippingnews.com/iron-ore-eases-amid-policy-meeting-watch-and-softer-fundamentals/Shipments of U.S. crops to China are accelerating after a tense tariff war had stalled trade for months, with at least six bulk cargo vessels scheduled to load with soybeans at Gulf Coast terminals through mid-December, according to a shipping schedule seen by Reuters on Tuesday. A seventh U.S. soybean cargo was loaded over the ...
https://www.hellenicshippingnews.com/more-us-soybean-shipments-to-china-due-to-load-through-mid-december/India’s iron ore imports hit a six-year high this year as steel mills stepped up overseas purchases to overcome shortages of high-grade ore and take advantage of lower global prices for the steelmaking raw material, analysts and trade officials said. Iron ore imports more than doubled to over 10 million metric tons in the first ...
https://www.hellenicshippingnews.com/indias-january-october-iron-ore-imports-at-six-year-high-jsw-steel-top-buyer/China’s import of thermal coal so far this year trails the same period in 2024 by over 14%, weighing on global capesize demand. Chinese seaborne thermal coal demand weakened in 2025 due to two key factors: Stronger domestic coal production, up 1.5% y/y in the first 10 months of 2025. Rapid expansion of renewable energy ...
https://www.hellenicshippingnews.com/coal-continues-to-lose-power-in-the-china-bound-capesize-market/The ship recycling market is still seeing sub par levels of activity. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian market remains cautious this week as persistent and unpredictable dollar fluctuations continue to affect local sentiment, keeping buyers hesitant. Purchasing interest for new units, particularly ...
https://www.hellenicshippingnews.com/slow-activity-for-the-ship-recycling-market/
https://www.hellenicshippingnews.com/slow-activity-for-the-ship-recycling-market/