Australian thermal coal exports to China have plunged 35% to date this year, with one economist this week predicting exports could be at virtually nothing within five years. Tom Pugh, commodities ...
BHP favouring met coal as thermal exports plunge
Stolt-Nielsen interims firm as tankers’ bunker bill falls
Stolt-Nielsen, the listed London-based chemical tanker, tank terminal, and tank containers group, has reported a higher profit for both the third quarter of 2015 and the first nine months of its ...
Gyxis secures another VLGC contract
Japanese LPG trading house Gyxis Corporation has sealed its third timecharter contract in two months. Compatriot shipping company Kumiai Navigation has ordered an 82,200 m³ very large gas carrier from ...
Cargill, Navios, NYK, Vale among Daiichi Chuo’s creditors
Details of embattled Japanese outfit Daiichi Chuo Kisen Kaisha's creditors have emerged in its Chapter 15 filing in the US. The list obtained by IHS Maritime shows trading houses Cargill, Bunge, ...
Claims for three-quarters of Sewol victims filed by deadline
As compensation claims for the Sewol ferry disaster closed on 30 September, 75% of victims' families and survivors had made filings. Sewol, carrying 476 passengers and crew on a routine Incheon-Jeju ...
Lines urged to share containers to save money
Shipping lines can save money by sharing or pooling containers, reducing the need for empty container repositioning, according to a logistics specialist. Lalith Edirisinghe, head of the Department of ...
Beaching ban proven to be short-sighted says cash buyer
Cash buyer GMS has said that the certification of two Indian ship recycling yards as compliant with international shipbreaking standards proves a ban on the beaching method would be ...
Scope of canal repairs widens
Repairs to the Panama Canal's new locks will be more extensive than previously indicated, while the completion date remains uncertain. In August, severe leakages were found in the concrete sill ...
US LNG imports rebound
After a multi-year decline, LNG imports to the US are up sharply this year off a smaller base, driven by demand in northeast states. According to US Energy Department statistics, US LNG imports ...
US coal exports plummet
Exports of US coal are down 21% in the first seven months of this year, according to data from the Energy Information Administration (EIA). Exports totalled 45.5 million tonnes in January-July 2015 ...
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