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Shipwreck Casts Shadow Over Fleet of Vale Iron-Ore Carriers

A second vessel contracted to haul iron ore for Brazilian miner Vale SA was delayed for repairs following the loss of a similar ship that…

Global Supply Lines at Risk as Shipping Lines Shun Japan

The economic disruptions from Japan’s crisis have cascaded into another, crucial link in the global supply chain: cargo shipping…

Shipping index shows signs of growth in China

Shipping companies are starting to make some money after a couple of years of very rough waters.  One important indicator of the…

Baltic index rises, capesize market seen pressured

The Baltic Exchange's main sea freight index .BADI, which tracks rates to ship dry commodities, turned barely positive on Friday…

Japan Disaster Shakes Global Raw Materials Trade

As for the ingredients used to make steel, the global trade in iron ore and coking coal will likely see a falloff in demand, though not a drastic one…

Is the worst over for the crumbling steel industry?

Like much of the commodity complex, the last 12 months have been brutal for the steel industry, with prices falling to 12-year lows…

The Chinese economy is a picture of enviable growth compared with the rest of the world

To fully understand China, one must first understand the rest of the world. The reality is that the Chinese…

Dry-Bulk Shipping Slips Underwater

With credit drying up, asset values falling and loan defaults surfacing, dry-bulk shippers now bear an eerie resemblance to the subprime…