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Global economic uncertainty and a cooling of the market has seen newbuild orders for dry-bulk vessels fall by 26% year-on-year according to Hongbeom Park, Head of Korea for global Veson Nautical, a global leader in maritime data and freight management solutions. Speaking at Veson Nautical’s Seoul Forum, Park said uncertainty around the future of fuels, ...
https://www.hellenicshippingnews.com/orderbook-for-all-dry-bulk-vessel-classes-falls-by-26-y-o-y-in-q1/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, climbed on Monday, driven by higher capesize and panamax prices. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, gained 8 points, or 0.6%, to 1,282. The capesize index added 24 points or 1.3% ...
https://www.hellenicshippingnews.com/baltic-index-gains-on-higher-capesize-panamax-rates-3/
https://www.hellenicshippingnews.com/baltic-index-gains-on-higher-capesize-panamax-rates-3/Today, Tuesday, April 15 2025, the Baltic Dry Index decreased by 19 points, reaching 1263 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1263-down-19-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1263-down-19-points/Iron ore futures prices dangled in a tight range on Tuesday, as investors and traders awaited a raft of additional economic data from top consumer China for clarity of demand outlook and stimulus prospects. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! closed daytime trade 0.99% higher at 713 yuan ...
https://www.hellenicshippingnews.com/iron-ore-consolidates-as-market-awaits-more-china-data/
https://www.hellenicshippingnews.com/iron-ore-consolidates-as-market-awaits-more-china-data/Pilbara Ports delivered a total monthly throughput of 69.5 million tonnes (Mt) for March 2025. This throughput was a 3 per cent increase compared to March 2024. The Port of Port Hedland achieved a monthly throughput of 51.5Mt, of which 65.6Mt was iron ore exports. This was a 2 per cent increase to total throughput ...
https://www.hellenicshippingnews.com/port-hedland-iron-ore-exports-increased-during-march/
https://www.hellenicshippingnews.com/port-hedland-iron-ore-exports-increased-during-march/Chinese coal buyers are trying to renegotiate long-term contracts, eyeing better deals on the spot market where prices are at four-year lows, three sources familiar with the matter said, adding pressure to China’s cash-strapped coal sector. Weak demand has pushed spot market prices below the level of existing long-term contracts, said Li Wei, chairman of ...
https://www.hellenicshippingnews.com/chinese-coal-buyers-try-to-escape-contracts-as-spot-prices-hit-four-year-low/China’s imports of major commodities were weak in the first quarter, but the challenge is working out whether the soft outcomes are mainly the result of temporary factors or signs of deeper economic malaise. The big four commodity imports, namely crude oil, iron ore, coal and copper, all saw declines in the first three months ...
https://www.hellenicshippingnews.com/chinas-q1-key-commodity-imports-were-soft-outlook-mixed/
https://www.hellenicshippingnews.com/chinas-q1-key-commodity-imports-were-soft-outlook-mixed/The Baltic Exchange’s dry bulk sea freight index fell on Tuesday, snapping a three-day winning streak due to weaker capesize rates. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, fell 19 points or 1.5% to 1,263. The capesize index shed 74 points or 4.1% to 1,753. Average daily earnings for ...
https://www.hellenicshippingnews.com/baltic-index-snaps-3-day-winning-streak-on-lower-capesize-rates/Broker Marsh and Lloyd's underwriter Tokio Marine Kiln (TMK) have set up business interruption insurance for ports to provide cover against growing trade disruption risks such as threats to shipping in the Red Sea, executives involved said.Ports…
https://www.marinelink.com/news/brokers-launch-port-disruption-insurance-517292
https://www.marinelink.com/news/brokers-launch-port-disruption-insurance-517292Russia's seaborne oil product exports in August fell to 9.074 million metric tons, down 2.3% month on month, data from industry sources and Reuters calculations showed.Russia's offline primary oil refining capacity for August at 2.95 million tons was up from July's level by some 3%…
https://www.marinelink.com/news/russias-seaborne-oil-product-exports-dip-517293
https://www.marinelink.com/news/russias-seaborne-oil-product-exports-dip-517293