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Capesize The Capesize market ended the week on a firmer note after a shaky start, recovering well from early pressure caused by uncertainty in Guinea. The announcement of revoked mining licenses initially rattled sentiment, but the market quickly regained composure. The Pacific basin emerged as the strongest performer, underpinned by consistent miner and operator demand. ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-end-the-week-on-higher-ground/
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-end-the-week-on-higher-ground/Capesize The Capesize market ended the week on a firmer note after a shaky start, recovering well from early pressure caused by uncertainty in Guinea. The announcement of revoked mining licenses initially rattled sentiment, but the market quickly regained composure. The Pacific basin emerged as the strongest performer, underpinned by consistent miner and operator demand. ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-end-the-week-on-higher-ground/
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-end-the-week-on-higher-ground/The Hamburg-based Vega-Reederei, a family-owned shipping company founded in 1919, has officially taken delivery of the first vessel of its new series of next-generation coasters: the 3,800 dwt MV VEGAPETRA.The ship was delivered on May 21 by…
https://www.marinelink.com/news/vegareederei-recieives-first-vessel-new-526121
https://www.marinelink.com/news/vegareederei-recieives-first-vessel-new-526121After five days of exchange, the 31st CIMAC World Congress officially concluded in Zurich. The event united almost 1,000 experts and professionals from over 20 countries, featuring more than 200 presentations, Pecha Kucha sessions, panel discussions…
https://www.marinelink.com/news/cimac-congress-ends-looking-forwards-526123
https://www.marinelink.com/news/cimac-congress-ends-looking-forwards-526123Turkey-based tanker operator Palmali on Friday lost its London lawsuit against the trading arm of Russian oil producer Lukoil over a purported deal to provide oil products.Palmali, controlled by Azerbaijan-born businessman Mubariz Mansimov, first sued Lukoil's Swiss subsidiary Litasco at the High Co
https://www.marinelink.com/news/palmali-lawsuit-against-lukoils-litasco-526124
https://www.marinelink.com/news/palmali-lawsuit-against-lukoils-litasco-526124A large container ship ran aground early on Thursday (May 22) morning and crashed into the front garden of Johan Helberg who lives near Trondheim in southwestern Norway.The 135m (443ft) Cypriot-flagged cargo ship, the NCL Salten, narrowly missed Helberg's house by mere metres around 0500 local time
https://www.marinelink.com/news/cargo-ship-crashes-front-garden-norwegian-526126
https://www.marinelink.com/news/cargo-ship-crashes-front-garden-norwegian-526126A pumping station on the Caspian Pipeline Consortium (CPC) pipeline in Russia damaged in February is back in service, operator CPC said on Friday.The route is Kazakhstan's main means of exporting crude and also carries Russian oil to the Black Sea for export by tanker.The Kropotkinskaya pumping stat
https://www.marinelink.com/news/caspian-pipeline-consortium-damaged-526127
https://www.marinelink.com/news/caspian-pipeline-consortium-damaged-526127Iron ore futures prices dipped on Friday and posted weekly losses on persistent property weakness in China as well as slowing demand for the steelmaking ingredient. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! ended daytime trade 1.24% lower to 718 yuan ($99.73) a metric ton. The contract lost 1.51% ...
https://www.hellenicshippingnews.com/iron-ore-posts-weekly-loss-on-slowing-chinese-steel-demand-property-weakness/Today’s intense macro-economic and geopolitical uncertainty may soften demand for seaborne dry bulk commodity imports but may also mute dry bulk ship orders over the next quarters. It has been just over a month since tariffs were announced by President Trump, and despite recent positive developments with China and the UK, it is anyone’s guess ...
https://www.hellenicshippingnews.com/dry-bulk-uncertainty-mutes-everything/
https://www.hellenicshippingnews.com/dry-bulk-uncertainty-mutes-everything/Larger bulkers were in demand in the S&P market over the past week. In its latest report, shipbroker Banchero Costa said that “in the Bulk sector, the Capesize TRADERSHIP 176,000 dwt 2006 Namura built was reported sold to undisclosed buyers at $19 mln. As comparison, in March ARABELLA 177,000 2005 Namura built was sold at ...
https://www.hellenicshippingnews.com/large-bulk-carriers-in-demand/
https://www.hellenicshippingnews.com/large-bulk-carriers-in-demand/