Global seaborne coal trade rose by 5.7% last year, driven by rising demand from steelmakers for coking coal and its products as economies began to recover from the coronavirus crisis, Germany's VDKi coal importers lobby group said.Imports and exports of hard coal across the globe stood at 1…
Shipments of limestone on the Great Lakes totaled 29.5 million tons in 2021, an increase of 11% compared to 2020, according to trade group the Lake Carriers’ Association (LCA). 2021’s loadings were also 4.8% above the trade’s five-year average…
Shipbroker Simpson Spence Young (SSY) on Tuesday announced it has opened a new office in Athens, Greece.The new office, which is based in Glyfada, is being managed by SSY Dry Cargo broker Nicholas Vamvakaris and currently includes teams from the dry cargo division who focus on Cape…
Heavy rainfall in southeastern Brazil has prompted miners including Vale SA to suspend some operations, they said on Monday, after downpours caused deadly floods in the northeast and threatened to delay harvests in the midwest.Rainfall is expected…
Indonesia allowed 14 vessels loaded with coal to depart as soon as they secure verifications from mining and transport authorities, a senior minister said on Monday, easing an export ban by the world's top thermal coal exporter.The export suspension on Jan…
Dalian iron ore rose on Friday and advanced nearly 6% this week as traders returned from New Year holidays feeling optimistic about potential demand recovery in top steel producer China.Iron ore's most-active May contract on China's Dalian Commodity Exchange ended daytime trading 1…
Indonesia's coal supply situation remains critical, the state utility said, following the country's ban on exports of the fuel that drove up prices in top customer China on Tuesday.Indonesia, the world's top exporter of the coal used in power plants and China's largest overseas supplier…
One of America's top seaports is set to launch an interagency effort to provide relief to agricultural exporters who are facing shortages of export capacity and skyrocketing logistics costsThe Port of Oakland announced Monday it is launching…
The world's leading exporter of thermal coal on Saturday banned the shipments because of concerns it could not meet its own power demand, prompting President Joko Widodo on Monday to threaten to revoke business permits for any miners who failed to meet domestic market requirements…
Dalian and Singapore iron ore futures rebounded on Thursday after three days of losses, but worries over demand for the steelmaking ingredient in top steel producer China kept benchmark prices near their two-week lows hit the day before.The…
India's Adani Group is preparing to ship the first coal cargo from Australia's most controversial mine, after battling a seven-year campaign by climate activists and defying a global push away from fossil fuels.The Carmichael mine in outback…
Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.Shipping, which transports about 90% of…
The first vessel has sailed from the Mississippi River with a draft of 47.7 feet following the newly increased draft at 48 feet.The M/V CSSC Le Havre, operated by Cargill International with a cargo from Alliance Coal, LLC, is destined for the Far East and loaded over 112…
U.S. Great Lakes ports and the St. Lawrence Seaway are reporting a rush of activity as manufacturers stockpile raw materials and businesses take advantage of the congestion-free waterway to export overseas with just two weeks left of the season…
Canadian shipping company Algoma Central Corporation has implemented Marine Learning Systems’ training platform to support employee development and Algoma’s Environmental Compliance Plan. The training management solution allows for on-demand reporting and anytime…