Vale’s iron ore output will rise only if prices increase: CEO

The chief executive officer of Brazil’s Vale SA, the world’s largest iron ore producer, said in an interview published on Sunday that the company would ramp up annual production to 450 million tonnes only when prices rise.

Will Chinese yards steal Keppel’s ship conversion deals?

Keppel Corporation faces stiff competition from Chinese shipyards when it comes to winning FLNG conversion...

Hapag-Lloyd launches notes offering of 300 million euros:Proceeds will be used for the early redemption of existing bond

Hapag-Lloyd AG, a leading global container shipping company, launched a euro bond offering with a volume of EUR ...

Final Negotiations On New Law Of The Sea Regulations Begin In July; Woc Webinars Will Brief Ocean Business Community

The 4th (and final) U.N. meeting to negotiate a new legally binding instrument to expand the Law of the Sea to...

Fitch: US Regulatory Rollback Will Not Drive E&P Activity

The proposed rollbacks and delayed implementations of a number of federal environmental regulations should modestly...

Iran Will Go Along With Whatever OPEC Decides on Oil Cuts

Iran will go along with whatever decision OPEC makes at its meeting later this month on whether to extend oil production cuts beyond June, Oil Minister Bijan Namdar Zanganeh said.

Iron ore will plummet into $40s, says ‘very bearish’ Liberum

Iron ore will probably collapse below $50 a metric tonne in the second half as global supply exceeds demand, according to Liberum Capital, which highlighted prospects for additional output coupled with lacklustre growth in consumption and record port stoc