Commodity Traders News

The maritime industry is charting a new course toward decarbonization, yet this time round it is not only traditional shipowners at the helm. Major energy and commodity traders, whose shipping operations often carry large carbon footprints, are now investing in cleaner and more efficient shipping. With the International Maritime Organization (IMO) calling for a 40% reduction in shipping’s carbon intensity by 2030 from 2008 levels, these players are now deploying new methods to cut emissions at sea.

Repeated rain in past days has raised water levels on all of the river Rhine in Germany to normal levels allowing cargo vessels to sail with full loads, commodity traders said on Tuesday.Dry weather and a heatwave in June and July meant the river became too shallow for vessels to sail fully loaded.

Low water levels following a drought and heatwave in western Europe are hindering traffic on the Rhine river in Germany after weekend rain caused only a moderate rise in water levels, commodity traders said on Monday.Low water is hampering shipping all along the river south of Duisburg and Cologne, including the chokepoint of Kaub, and vessels are generally only able to sail about half full.Shallow water means vessel operators impose surcharges on freight rates to compensate for vessels not sailing fully loaded…

A heat wave in western Europe has lowered water levels on Germany's Rhine River, hampering shipping and raising freight costs for cargo owners due to additional surcharges as their vessels were unable to sail fully loaded, commodity traders said on Monday.Low water has limited shipping on all of the river south of Duisburg and Cologne, including the chokepoint of Kaub, traders said.At Kaub, cargo vessels could only sail about 50% full, at Duisburg and Cologne between 40-50% full.Shallow water leads vessel operators to impose surcharges on freight rates to compensate for the vessels being unabl

The global dry bulk fleet is facing a sharp contraction in younger, more efficient tonnage, with the supply of vessels under 15 years of age projected to fall by 22% by 2028, according to new analysis shared by Oliver Kirkham, Senior Valuation Analyst at Veson Nautical, a global leader in maritime freight and fleet management solutions.Speaking at the 2025 Marine Money Week in New York, Kirkham told delegates that the anticipated drop in younger dry bulk tonnage reflects a structural shift brought on by the historical imbalance in newbuilding activity…

Rain over the Easter weekend in Germany has raised Rhine river water levels, with vessels able to carry more cargo, though the river is still too shallow for normal sailings, commodity traders said on Tuesday.Extreme lack of rain in March and April resulted in low water levels hampering April shipping on all of the river south of Duisburg and Cologne, including the chokepoint of Kaub, traders said.In northern regions around Duisburg vessels were able to sail about 80% full, against only half full last week…

Rain in past few days has raised Rhine river water levels in Germany, with vessels able to carry more cargo although most are still sailing around half full, commodity traders said on Thursday."Large volumes of rain have fallen in the Rhine region in past days and there has been an improvement in the low water problem," one trader said. "More rain is forecast and if it actually arrives, the parts of the Rhine could see a significant recovery next week, although water is still…

Freight shipping costs on the Rhine river in Germany surged this week as water levels fell further, compelling vessels to sail less than half full, commodity traders said on Thursday.Freight deliveries were still taking place, with loads divided among more vessels, which increases costs for cargo owners. But rain is at last forecast for next week, which could raise river levels, they said.Prices for a tanker freighter sailing from Rotterdam to Karlsruhe rose to about 80 euros ($88.58) a tonne of cargo from 46 euros last week and 34 euros in late March…

Low water levels after recent dry weather are preventing cargo vessels from sailing fully loaded on the Rhine river in Germany, with cargo owners facing higher transport costs, commodity traders said on Thursday (April 3).Extreme lack of rain in March and April means low water is hampering shipping on all the river south of Duisburg and Cologne, including the chokepoint of Kaub, with levels falling again this week, traders said.Shallow water means vessel operators impose surcharges on freight rates to compensate for vessels not sailing fully loaded, increasing costs for cargo owners.

Low water levels after recent dry weather are preventing cargo vessels from sailing fully loaded on the Rhine River in Germany with surcharges added to the usual freight rates, commodity traders said on Tuesday.Low water is hampering shipping on all of the river south of Duisburg and Cologne, including the chokepoint of Kaub, traders said.At Kaub, cargo vessels can only sail about 50% full.Shallow water means vessel operators impose surcharges on freight rates to compensate for vessels not sailing fully loaded, increasing costs for cargo owners.

G2 Ocean, a Norwegian ship operator within the open hatch segment, has selected Seaber.io's chartering and schedule optimization solution for its fleet.G2 Ocean aims to leverage Saber's AI-platform to optimize fleet planning, enhance operational efficiency and reduce its carbon footprint.Seaber’s platform provides data-driven decision support for scheduling and chartering, helping commercial ship operators, industrial charterers, and commodity traders maximize fleet utilization and earnings. “We aim to digitalize our fleet planning process to increase efficiency in our organization.

Rain has raised water levels on the Rhine in Germany but most of the river remains too shallow for cargo vessels to sail fully loaded, commodity traders said on Wednesday, following a bout of dry weather in August.Ship operators imposed surcharges on freight rates to compensate for vessels sailing partly empty, increasing costs for cargo owners.Shallow water continues to hinder shipping on most of the Rhine in Germany including Duisburg, Cologne and the chokepoint of Kaub, but vessels are able to take on larger loads, traders said.More rain is forecast in river catchment areas on Wednesday and

More ships carrying grain were diverted from the Suez Canal to sailings around the Cape of Good Hope this week as concern about attacks on vessels in the Red Sea continued, shipping analysts said on Friday."Another 13 vessels were diverted this week taking the total cargo diverted away from the Red Sea route to around 5.2 million metric tons of grains in about 90 ships since the attacks started late last year," said Ishan Bhanu, lead agricultural commodities analyst at data provider…

Low water levels after recent dry weather are preventing cargo vessels from sailing fully loaded on the Rhine river in Germany with surcharges added to the usual freight rates, commodity traders said on Thursday.Low water is hampering shipping on most of the river south of Duisburg and Cologne, including the chokepoint of Kaub, traders said.Some vessels can only transit Kaub about 50% full, depending on ship type, they said.Shallow water means vessel operators impose surcharges on freight rates to compensate for vessels not sailing fully loaded, increasing costs for cargo owners.

Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could make its inaugural Panama Canal voyage this month, a historic drought forced it to drop weight by offloading hundreds of containers.Weather-related disruptions denied the vessel, owned by Taiwanese shipping company Evergreen Marine, a chance on Aug. 1 to set a record for carrying the most containers through the vital maritime shortcut that connects the Pacific and Atlantic…

Russia on Tuesday released video footage showing an armed naval inspection unit boarding a cargo ship in the southwestern Black Sea on Sunday and questioning the captain about why the ship had not stopped when demanded to by a Russian warship.Russia said that it fired warning shots with automatic weapons at the Palau-flagged Sukru Okan vessel after it failed to respond to a demand for it to halt, though it was unclear why the ship was boarded so close to Turkey.In a video released by the Russian defense ministry…

A Russian warship on Sunday fired warning shots at a cargo ship in the southwestern Black Sea as it made its way northwards, the first time Russia has fired on merchant shipping beyond Ukraine since exiting a landmark UN-brokered grain deal last month.In July, Russia halted participation in the Black Sea grain deal that allowed Ukraine to export agricultural produce via the Black Sea. Moscow said that it deemed all ships heading to Ukrainian waters to be potentially carrying weapons.On Sunday, Russia said in a statement that its Vasily Bykov patrol ship had fired automatic weapons on the Palau-flagged Sukru Okan vessel after the ship's captain failed to respond to a request to halt for an inspection.Russia said the vessel was making its way toward the Ukrainian port of Izmail.

Heavy rain has raised water levels on the river Rhine in Germany to levels allowing cargo vessels to sail fully loaded, data from German inland waterways agency WSA said on Wednesday.Data from the WSA’s website Pegelonline showed that the last shallow sectors of the river around Cologne had now reached levels generally permitting full vessel loads.Dry weather in June meant the river became too shallow for vessels to sail fully loaded and ship operators imposed surcharges on freight rates to compensate for vessels sailing partly empty, increasing costs for cargo owners.

Heavy rain has raised water levels on the Rhine in Germany, but the river is still too shallow in central northern areas for cargo vessels to sail fully loaded, commodity traders said on Wednesday.The river is a major western European shipping route for commodities including grains, minerals, coal and oil products. Dry weather in June meant it became too shallow for vessels to sail fully loaded and operators imposed surcharges on freight rates to compensate for ships sailing partly empty…

Water levels on the river Rhine in Germany have risen after rain but are still too low in northern and central areas for cargo vessels to sail fully loaded, commodity traders said on Monday.Dry weather in June meant the river became too shallow for vessels to sail fully loaded and vessel operators imposed surcharges on freight rates to compensate for vessels sailing partly empty, increasing costs for cargo owners.The Rhine is an important shipping route for commodities such as grains…

An oil tanker runs aground off eastern China, leaking fuel into the water. Another is caught in a collision near Cuba. A third is seized in Spain for drifting out of control.These vessels were part of a "shadow" fleet of tankers carrying oil last year from countries hit by Western sanctions, according to a Reuters analysis of ship tracking and accident data and interviews with more than a dozen industry specialists.Hundreds of extra ships have joined this opaque parallel trade…

Shipping companies are still waiting for "real green" fuel solutions as part of decarbonization efforts to clean up the industry, a leading industry official said.Shipping, which transports around 90% of world trade and accounts for nearly 3% of the world's CO2 emissions, is under growing pressure from environmentalists to deliver more concrete action, including a carbon levy."We are still awaiting engine and shipbuilders to come up with real green solutions," Haralambos Fafalios…

Water levels on the river Rhine in Germany have risen sharply after rain this week, approaching normal levels and helping cool off cargo shipping rates, vessel brokers and commodity traders said on Thursday.Prices for cargo shipping are falling as vessels are able to load more freight, they said.Spot prices for a liquid tanker barge from Rotterdam to Karlsruhe south of Kaub were at about 55 euros a tonne on Thursday, down from about 68 euros last week and peaks of about 118 in August…