Dry bulk and Oil Segments by Hellenic Shipping News Worldwide
Why know about different segments?
Knowing what is happening in different segments of shipping gives industry specialists an edge in negotiations. Certain kinds of news from countries that rely on each other for energy or other resources can often have a profound influence on overall global economics.
Dry Bulk Market – Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping
- Australia’s Fortescue posts 4% rise in first-quarter iron ore shipmentsby hellenicshippingnews... on 24/10/2024 at 5:00 pm
Australia’s Fortescue FMG.AX reported a 4% risein its first quarter shipments on Thursday, boosted by strong performance at its Iron Bridge project. The world’s fourth-largest iron ore miner shipped 47.7 million tonnes of iron ore for the quarter ended Sept. 30, compared with 45.9 million tonnes shipped a year ago, and exceeded a Visible Alpha ...
- Baltic Dry Index falls to 1417 down 28 pointsby hellenicshippingnews... on 24/10/2024 at 1:00 pm
Today, Thursday, October 24 2024, the Baltic Dry Index decreased by 28 points, reaching 1417 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
- Baltic index falls as rates decline across larger vesselsby hellenicshippingnews... on 23/10/2024 at 9:00 pm
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Wednesday, pressured by losses across the capesize and panamax segments. The index, which factors in rates for capesize, panamax and supramax shipping vessels, shed 35 points to 1,445 points. The capesize index fell 87 points to ...
- Attacks on ships in Ukraine threaten 1% of dry bulk marketby hellenicshippingnews... on 23/10/2024 at 9:00 pm
“Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships since November 2023 and they could threaten 1% of the world’s dry bulk exports if safety is not improved. The price of war risk insurance has already increased but ...
- Dry Bulk Grain Flows – The Russian aspectby hellenicshippingnews... on 23/10/2024 at 9:00 pm
This week, attention is drawn to the Russian grain sector and the notable recovery in shipments that began in June, culminating in a recent peak in September. It is particularly noteworthy that the quarterly volume shipped to all destinations has reached its highest levels for the year, surpassing figures from the same quarters in previous ...
Oil & Companies News – Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping
- Oil prices rise 1% as Mideast attacks heighten supply concernsby hellenicshippingnews... on 24/10/2024 at 10:00 am
Oil prices rose more than 1% on Thursday, reversing some of the previous session’s losses, as the Middle East conflict and reports of North Korean troops ready to help Russia in Ukraine kept traders on edge ahead of the U.S. presidential election. Brent LCOc1 crude futures were up $1.26, or 1.7%, to $76.22 a barrel ...
- Market dynamics vary at key natural gas pricing hubsby hellenicshippingnews... on 24/10/2024 at 10:00 am
Pricing hubs provide transactional flexibility to buyers and sellers in the natural gas industry. The integrated North American market has close to 200 pricing hubs, which vary by size, location, type, liquidity, and age. Pricing hubs convey market information and make it easier for buyers and sellers to arrange natural gas deals in physical and ...
- Westwood Insight – Impending shortage of jackups within ageing Asia Pacific fleetby hellenicshippingnews... on 24/10/2024 at 10:00 am
While utilisation for marketed jackup rigs is at a healthy 100% in the Asia Pacific (APAC) region, it is an ageing fleet that will ultimately be unable to fulfil operator age requirements. Westwood’s RigLogix records 39 marketed jackups in APAC. This number excludes two units under construction in Singapore, five National Oil Company (NOC) units ...
- Oil slips 1% on large build in US crude stocks; market watches Middle Eastby hellenicshippingnews... on 23/10/2024 at 9:00 pm
Oil prices fell on Wednesday after data showed U.s. crude inventories rose by more than expected even as refining activity rebounded, though futures remained up about 2% this week as traders factored in continuing conflict in the Middle East. Brent crude futures dropped $1.26, or 1.7%, to $74.78 a barrel by 11:08 a.m. (1508 GMT) ...
- India to consider ending windfall tax on crude, says govt officialby hellenicshippingnews... on 23/10/2024 at 9:00 pm
India’s finance ministry will take a view on scrapping windfall tax on local crude oil output, Tarun Kapoor, advisor to the Indian prime minister, said on Wednesday. The imposition of windfall tax on crude oil has no relevance now, he said, as global oil prices have softened sharply compared to 2022, when the tax was ...