Tuesday

22-07-2025 Vol 19

Category: News

Vietnam Becomes Key Demand Center as Major Buyers Reduce Thermal Coal Imports

Vietnam is emerging as a vital hub for thermal coal imports as major buyers like China and India reduce their…

Middle East Turmoil Disrupts Brazil’s Grain Farmers and Agricultural Input Market.

Tensions in the Middle East, notably among significant food importers and key fertilizer suppliers like Iran, have shaken Brazilian grain…

Dangote Targets Elimination of Africa’s Fertiliser Imports Through Local Production Initiatives

Nigerian billionaire Aliko Dangote has set an ambitious goal for Africa to achieve self-sufficiency in fertiliser production within the next…

Pakistan Allocates $42 Million to Convert Ship-Breaking Yard into a Model Green Facility

The government of Pakistan has approved a significant investment of Rs12 billion, equivalent to $42 million, to transform the Gadani…

Tanker Owner and UK’s Ninth Richest Man Relocates Business, Declares ‘Britain has Gone to Hell’

John Fredriksen, the Norwegian-born shipping magnate and the UK’s ninth richest individual, has declared, “Britain has gone to hell,” following…

Navigating Disruption: Understanding Delay Risk Insurance Beyond Traditional Approaches

In an era marked by wars, pandemics, port strikes, and unexpected shutdowns, shipowners and charterers are increasingly vulnerable to delays.…

Capesize Market Experiences Decline in Dry Bulk Sector Last Week

The Capesize market saw a significant decline last week, reflecting weak sentiment amid low activity in both the Atlantic and…

Iron Ore Sees Biggest Weekly Surge in Six Weeks Amid Declining Inventory Levels

Iron ore futures experienced a significant rise on Friday, marking their largest weekly gain since mid-May as a result of…

ISU Publishes 2024 Salvage Industry Statistics: Insights and Trends Unveiled

The International Salvage Union (ISU) has released its annual statistics for 2024, highlighting key trends within the salvage industry. These…

Asia Distillates Markets Decline as South Korean Refiners Offload Over 21 Gasoil Cargoes for July

Asia’s middle distillates markets experienced a decline last Friday, primarily due to an influx of supply for July that dampened…