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French President Emmanuel Macron on Tuesday (June 10) met with leaders of Pacific island nations on the sidelines of a United Nations ocean conference in the southern French city of Nice.Macron discussed the impacts of climate change to the Oceania nations…
https://www.marinelink.com/news/macron-discusses-climate-change-impacts-526698
https://www.marinelink.com/news/macron-discusses-climate-change-impacts-526698A global safety charity is calling for ocean workers to be recognized as a frontline group when it comes to the impacts of climate change.According to Lloyd’s Register Foundation’s latest World Risk Poll Focus On report, Risk perceptions and experiences of ocean workers…
https://www.marinelink.com/news/ocean-workers-recognized-frontline-group-526706
https://www.marinelink.com/news/ocean-workers-recognized-frontline-group-526706Iron ore futures prices extended their decline into a second straight session on Tuesday, dragged by expectations of growing supply, although resilient demand from top consumer China and hopes of easing Sino-US trade tensions curbed losses. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! closed daytime trade 0.85% lower at ...
https://www.hellenicshippingnews.com/iron-ore-extends-fall-on-growing-supply-resilient-china-demand-caps-loss/China soybean imports hit a record high of 13.92 million metric tons in May, customs data showed on Monday, more than double the volume imported in April, as customs clearance speeds returned to normal and the operating rate of crushing plants recovered. Imports had plunged to a 10-year low of 6.08 million metric tons in ...
https://www.hellenicshippingnews.com/china-may-soybean-imports-hit-record-high-of-13-92-million-metric-tons/China’s iron ore imports in May missed expectations, dropping 4.9% from April, as mills exercised caution in buying seaborne cargoes in anticipation of seasonally slower steel consumption. The world’s largest iron ore consumer brought in 98.13 million metric tons of the key steelmaking ingredient last month, data from the General Administration of Customs showed on ...
https://www.hellenicshippingnews.com/china-may-iron-ore-imports-fall-on-expectations-of-seasonally-slow-demand/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, dipped on Tuesday due to a decline in capesize rates, after scaling a seven-month high in the previous session. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, lost 11 points, or 0.6%, to 1,680. ...
https://www.hellenicshippingnews.com/baltic-index-slips-from-seven-month-peak-on-lower-capesize-rates/A new factor which could alter the current “status quo” in the global iron ore and dry bulk market is entering the foray. In its latest weekly report, shipbroker Intermodal said that “the long-awaited Simandou iron ore project in Guinea is poised to shift the global dynamics of iron ore supply and maritime trade. With ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-a-game-changer-in-the-iron-ore-market-is-entering-the-foray/Brazilian state-owned oil and gas company Petrobras has launched two tenders for an offshore wind pilot project off the coast of Rio de Janeiro state. One tender is for the acquisition and processing of geophysical data in ultra-shallow waters off São João da Barra. The acquisition, processing, and interpretation services will use electrical tomography, bathymetry, …
https://splash247.com/petrobras-launches-survey-tenders-for-offshore-wind-pilot-project/
https://splash247.com/petrobras-launches-survey-tenders-for-offshore-wind-pilot-project/COSCO Shipping Specialized Carriers is bringing in six multipurpose heavylift vessels in a deal with Bank of Communications Financial Leasing (BoComm Leasing). The Shanghai-listed unit of COSCO Shipping Group, with a diversified fleet of more than 150 ships, has signed up for 60,000 dwt units built at CSSC-affiliated Chengxi Shipyard. Under the agreement, COSCO Specialized …
https://splash247.com/cosco-shipping-specialized-carriers-seals-310m-deal-for-six-heavylift-ships/
https://splash247.com/cosco-shipping-specialized-carriers-seals-310m-deal-for-six-heavylift-ships/Greek bulker owner and operator DryDel Shipping is expanding its fleet with an ultramax newbuilding deal in Japan. The Costas Dellaportas-led company has penned a contract with Nihon Shipyard to see the 64,000 dwt vessel delivered in 2028. Financial terms have not been divulged. The order marks the 10th vessel in DryDel’s ongoing newbuilding program, …
https://splash247.com/drydel-inks-ultramax-order-in-japan/
https://splash247.com/drydel-inks-ultramax-order-in-japan/