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Global demand for metallurgical (met) coal is expected to fall as low emissions steel production gains pace, according to the latest Resources and Energy Quarterly (REQ) forecast from the Department of Industry, Science and Resources (DISR). However, DISR remains bullish on Australian met coal export growth, despite a history of overestimating expected export volumes. DISR ...
https://www.hellenicshippingnews.com/australian-coal-exports-face-numerous-downside-risks-new-projections-show/Through our dry bulk flow tool, we have identified changing trends in iron ore flows from Indian ports. Growing domestic demand from the steel industry and weaker demand from China have led to less iron ore leaving Indian ports so far in 2025. Fully utilizing the dry bulk flows feature enables maritime professionals to spot, ...
https://www.hellenicshippingnews.com/indian-iron-ore-exports-face-downward-pressure/
https://www.hellenicshippingnews.com/indian-iron-ore-exports-face-downward-pressure/Capesize The Capesize market showed a clear upward trajectory this week following a subdued start due to the Easter holidays. The BCI 5TC rose steadily, closing the week at $15,667, up from $13,774 on Tuesday. In the Pacific, sentiment improved significantly midweek as C5 rates climbed from early lows, supported by growing cargo volumes and ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-march-to-higher-ground/
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-march-to-higher-ground/A massive explosion killed at least 18 people and left around 800 others injured near Iran’s biggest port, Bandar Abbas. The blast, which took place at Shahid Rajaee terminal on Saturday morning, damaged multiple buildings in the area and caused additional fires. Aerial footage showed at least three areas ablaze, with schools and offices in …
https://splash247.com/iran-port-blast-kills-at-least-18-and-injures-hundreds/
https://splash247.com/iran-port-blast-kills-at-least-18-and-injures-hundreds/The offshore construction program for ScottishPower’s biggest-ever renewables project is officially underway with the installation of the first foundation for the green energy company’s USD$5.3 billion (£4 billion) East Anglia THREE offshore windfarm.Standing at 83.89 meters tall…
https://www.marinelink.com/news/scottishpowers-monopile-installation-sets-525055
https://www.marinelink.com/news/scottishpowers-monopile-installation-sets-525055Finland's Wartsila said U.S. tariffs were impacting its battery storage business while rising trade tensions could push back clients' investment decisions, after its quarterly operating earnings missed market expectations on Friday.Shares of Wartsila…
https://www.marinelink.com/news/wartsila-ceo-tariffs-affect-battery-525056
https://www.marinelink.com/news/wartsila-ceo-tariffs-affect-battery-525056Operators of hulking car carriers are seeking relief from the U.S. Trade Representative's surprise plan to levy port fees on all foreign-built ships in that segment, including 20 vessels that guarantee transport for the U.S. military during a war or national emergency…
https://www.marinelink.com/news/vehicle-carriers-seek-relief-ustr-port-525060
https://www.marinelink.com/news/vehicle-carriers-seek-relief-ustr-port-525060U.S. President Donald Trump's energy security council plans to host a summit in Alaska in early June, when it hopes Japan and South Korea will announce commitments to the Alaska LNG project, a source familiar with the matter said on Thursday.Trump…
https://www.marinelink.com/news/us-plans-alaska-lng-summit-hoping-japan-525062
https://www.marinelink.com/news/us-plans-alaska-lng-summit-hoping-japan-525062The International Maritime Organization (IMO) recently hosted the 83rd meeting with the Marine Environmental Protection Committee (MEPC 83), resulting in a new fuel intensity target, which is set to come into force no later than March 2027.This…
https://www.marinelink.com/news/veson-nautical-three-impacts-imos-new-525065
https://www.marinelink.com/news/veson-nautical-three-impacts-imos-new-525065Benny Cenac Jr.’s Houma based Main Iron Works Company has completed the 10th boat newbuild for Ingram Marine Group. This partnership with Main Iron Works and Ingram began in 2021 and included the construction of 10 new towboats to be completed by the end of 2024. The first towboat, the Adrienne M.
https://www.marinelink.com/news/main-iron-works-delivers-th-vessel-ingram-525068
https://www.marinelink.com/news/main-iron-works-delivers-th-vessel-ingram-525068