Freight News

Shipments of iron ore from India's largest port, Mormugao in Goa state, fell by a quarter in October to 2.83 million tonnes, as a slump in global prices and high costs made shipments

Russian energy giant Gazprom expects to rely heavily on liquefied natural gas (LNG) exports to Asia as talks with China on pipeline gas supply have stalled, the company's head said on Sunday.

The Japan Iron & Steel Federation has gathered and released statistics on steel export (all steel basis) of September 2011.According to this, steel export in September 2011 was 3,302,000 tonnes.

Two analysts who called the recent plunge in iron ore prices believe the recent uptick in prices will be short-lived, with a "double dip" hitting the market into 2012. The view contrasts

BNamericas quoted Mr Pedro Galdi analyst at Brazilian brokerage SLW as saying that the sharp variations in iron ore prices on the Chinese spot market in recent weeks are a result

There was another sizeable drop in physical Newcastle thermal coal prices in the week to November 11 as buying by Chinese power utilities again failed to materialize.

The U.S. State Department’s decision to delay a ruling on TransCanada Corp.’s Keystone XL pipeline increases the pressure on Canada to find a way to sell its oil to countries beyond the U.S.

The first shipment of iron ore from African Minerals' Ltd Tonkolili mine in Sierra Leone has left for China, the West African state's deputy minister for natural resources said on Friday.

Spot iron ore prices rose for a ninth straight day and the market remained well bid on Friday, supported by firm demand from Chinese steel mills and limited seaborne shipments.

Chinese Copper buying jumped over 40% Y-o-Y in October explaining the strong rebound in copper prices in October when COMEX copper rose as much as 20%.

The Organization of Petroleum Exporting Countries will bolster crude shipments this month by the most in at least a year to meet winter demand in Asia, according to tanker-tracker Oil Movements.

Indonesia's liquefied natural gas (LNG) exports fell 4.1 percent in September to 99.2 million British thermal units (mmbtu) from 103.4 mmbtu a year earlier, though

Iran has stopped exporting some 12,000 barrels of oil to Pakistan due to the fact that the Karachi refinery has failed to open L/C under U.S. and EU sanctions

Saudi Arabian Oil Co., the world’s largest crude exporter, will supply full volumes in December to customers in Europe, unchanged from this month, according

Brazil's iron ore export value in October this year rose by 10.6 percent compared to the same month last year but was down seven percent compared to September

Japan bought 142,032 metric tons of milling wheat from the U.S., Canada and Australia in a regular tender today, the largest volume in five months, the Ministry of

Egypt, the world’s biggest wheat importer, bought 240,000 metric tons of Ukrainian and Russian wheat in a tender today, said Nomani Nomani, the vice

Libya will export around 7 million barrels of oil in November or less than a fifth of pre-war output, a senior National Oil Corporation (NOC) source told Reuters.

Iran’s October gasoline imports rose over 21 percent on month even as international sanctions restrict fuel imports into the Islamic republic, shipping data obtained by Reuters showed.

China imported 20.8 million metric tons of crude oil in October, equivalent to 4.92 million barrels a day, preliminary data from the General Administration of Customs showed Thursday.