Commodities
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Asia
Singapore fines Noble $9m for one of Asia’s worst accounting scandals
Authorities in Singapore have concluded investigations and issued fines into one of the largest cases of accounting fraud recorded in…
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Dry Cargo
Europe’s coal dilemma in the spotlight
The European sanctions have now taken full effect on Russian coal as of Thursday, something analysts are confident will have…
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Dry Cargo
Indonesia dishes out further coal export bans
More coal export bans are coming into place in Indonesia, at a time where demand for the commodity is approaching…
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Dry Cargo
Coal scramble tipped to intensify in the coming months
While gas and oil might have garnered more headlines, the commodity that has seen the greatest changes in seaborne trades…
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Dry Cargo
Deal reached to move Guinea’s giant iron ore project ahead
Rio Tinto’s Guinea subsidiary has formed a railway and port joint venture with Winning Consortium Simandou (WCS) and the military…
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Dry Cargo
Europe’s renewed coal thirst props up capes
Capesize trading patterns have shifted dramatically in the wake of Russia’s invasion of Ukraine 125 days ago. More coal is…
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Dry Cargo
China posts record drop in steel output
Another record drop in Chinese steel output has spooked many in dry bulk. China’s National Bureau of Statistics has issued…
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Dry Cargo
India follows China in reporting extreme coal shortages
China’s extreme shortages of coal, which powers around 70% of the national grid, have been making plenty of headlines in…
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Dry Cargo
South Korea follows China in ditching plans to finance overseas thermal coal-fired power plants
South Korea has followed China’s lead in announcing it will no longer finance the construction of new thermal coal-fired power…
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Greater China
Chinese merger creates world’s third largest steel mill
Anshan Iron & Steel Group Corporation (Ansteel) is merging with Benxi Iron & Steel (Group) to create the world’s third…
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Dry Cargo
Seaborne energy trades across Asia Pacific recast as Japan slashes use of LNG and coal
Seaborne energy trades across Asia Pacific are set to be recast once again with news that Australia’s biggest coal and…
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Dry Cargo
China to build 100m ton coal stockpile this year
China’s National Development and Reform Commission (NDRC) has announced that it plans to build up around 100m tons of deployable…
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Dry Cargo
Economic case made against coal
More than half of the world’s coal-fired power capacity costs more to keep operating than it would cost to build…
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Dry Cargo
Miners scramble for ships amid ‘ferrous frenzy’, cape FFA traders in supercycle mode
Iron ore prices have reached an all-time high, with China’s domestic steel product prices also soaring to figures never seen…
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Dry Cargo
Asian coal trading map transforms in wake of China’s ongoing ban of Australian products
The Chinese ban on coal imports from Australia has shaken up coal trades in the east, a new report from…
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Dry Cargo
Chinese firms sign up for Algerian iron ore project
China continues to diversify its raw materials needs away from traditional supplier Australia with news of a big iron ore…
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Dry Cargo
USTC acquires majority stake in CM Biomass
Denmark’s USTC has acquired a majority 60% stake in compatriot CM Biomass, the world’s largest independent wood pellet trading company.…
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Dry Cargo
Charterers and owners come under renewed pressure to resolve China coal carrier crewing crisis
Charterers and shipowners are coming under renewed pressure to stump up cash to alleviate the anguish and monotony of the…
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Dry Cargo
Aussie coal ban bites, Bohai Bay becomes the world’s largest shipping parking lot
The Beijing ban on Australian coal is reshaping dry bulk trading patterns. Alphabulk reports that Australian coal exports to China…
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Dry Cargo
China buys ‘scale-busting’ record volumes of American corn
Arrow Research has published “scale-busting” charts detailing Chinese purchases of American corn over the past week. Over the past week…
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