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February 26, 2026
CMB Tech reported fourth-quarter earnings that were above market expectations on Thursday, as a robust tanker and dry bulk markets allowed the Belgian Shipping Group to secure charters and sell older ships at high prices. EBITDA (earnings before 'interest…
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February 24, 2026
Four sources and shipping data indicate that buyers and trading houses of Venezuelan oil chartered the very large crude carriers to export the South American nation?since the Caracas-Washington deal was signed. This move will boost deliveries to India.
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February 16, 2026
AML, the main mining company, is expected to produce a total of?10 millions tons by 2025. ArcelorMittal, a Luxembourg-based company, is expanding its Liberian operation. This includes a new concentrator as well as major upgrades to the rail system and ports.
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February 2, 2026
China's net copper imports last year fell to the lowest level since 2017. They totaled 3.03 million metric tonnes. Exports grew dramatically, despite a drop in inbound shipments of only 5% compared to 2024. The largest copper buyer in the world shipped almost 800,000 tonnes.
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January 31, 2026
China's net copper imports last year fell to the lowest level since 2017. They totaled 3.03 million metric tonnes. Exports grew dramatically, despite a drop in inbound shipments of only 5% compared to 2024. The largest copper buyer in the world shipped almost 800,000 tonnes.
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January 29, 2026
The Arctic is not a frozen peripheral, particularly after the spat between the U.S. and Europe over Greenland. The High North is becoming a strategic hub for minerals, energy and shipping as the sea ice begins to melt. The Arctic is heating up four times faster than other parts of the world…
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January 29, 2026
The vast European natural gas storage network will exit winter with its lowest level for years. Yet, market prices show a complacency that is at odds with the immense challenge faced by traders in replenishing their inventories. Since the Russian invasion of Ukraine…
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January 27, 2026
The European Union has agreed to develop a massive offshore wind network. This is a major step forward in the region’s efforts to reduce its dependency on U.S. gas imports while also tackling rising costs for renewable energy. On Monday, at the North Sea Summit…
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January 12, 2026
The 'Ports and Airports Ministry' announced on Monday that Brazil has set a'minimum concession fee' of '500 million reais (92.96 million dollars) for the massive Tecon 10-container terminal auction at the port of 'Santos', which is expected to happen in the second half of March.
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January 3, 2026
His spokesperson stated on Saturday that Secretary-General Antonio Guterres was deeply concerned by the U.S. military actions in Venezuela, which "sets a dangerous precedent." This is ahead of an expected?U.N. Security Council meeting. Diplomats…
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October 14, 2025
State-run news agency Xinhua reports that a Chinese container ship completed a pioneering voyage through the Arctic and into a UK port. This journey cut in half the transit time of the electric vehicles aboard the ship, as well as the solar panels, which were destined for Europe.
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October 2, 2025
LSEG data revealed on Thursday that at least four LNG-laden tanks bound for the Zeebrugge LNG Terminal in Belgium were either diverted to another terminal or left idle during a Greenpeace 30-hour blockade protesting against European Union imports Russian gas.
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October 2, 2025
LSEG data on Thursday showed that at least three LNG-laden tanks appeared to have diverted from the Zeebrugge LNG Terminal in Belgium as Greenpeace activists protested against European Union imports. The second largest European importer is Russia…
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September 30, 2025
According to the EU maritime mission Aspides and its operator, the Dutch flagged cargo ship Minervagracht, was on fire and drifting in the Gulf of Aden, Tuesday. A day earlier, it had been hit by an explosive that injured two sailors and forced them to evacuate.
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August 6, 2025
The company announced on Wednesday that the Dubai-based oil trading firm 2Rivers (formerly Coral Energy) has begun the formal dissolution process following the sanctions imposed by Britain and the European Union. The company said it took the decision with great regret…
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June 19, 2025
The company announced on Thursday that the Dubai-based oil trading firm 2Rivers (formerly Coral Energy) has stopped its trading activities due to UK sanctions. Western powers have imposed sanction on Russia's traders and fleet, accusing them…
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June 18, 2025
Shell CEO Wael Sawan stated on Thursday that the oil and natural gas giant was "very cautious" about its shipping through Middle East due to the escalating conflict in the Middle East between Israel and Iran. Thursday, the Iran-Israel air conflict entered its seventh day.
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March 31, 2025
ArcelorMittal South Africa has announced that it will delay the closure of the long-steel plants in its loss-making state until August 31, after receiving a $191.50-million injection from the Industrial Development Corporation. After failing to receive concessions from the government on its demands…
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March 19, 2025
ArcelorMittal South Africa announced on Wednesday that it was in discussions with the government and others parties about funding to delay the planned closing of its long-stack steel operation. After discussions with the government, the steelmaker…
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December 10, 2024
Brazilian and Italian authorities announced that they had launched two joint operations Tuesday to dismantle a transnational conspiracy to transport cocaine using cargo ships or planes from South America to Europe. In Brazil, 18 arrest warrants…