HSFO handy cross-Med freight surges to five-month high on Black Sea fixtures

Cross-Mediterranean dirty handysize freight, the most widely used vessel class to carry fuel oil and feedstocks in the European basin, has surged to a five-month high on an increase in fixtures out of the Black Sea.

Met Coal Surges Past $300 Toward Record on Australia Outages

Spot metallurgical coal is heading for a record after surging above $300 a metric ton amid supply curbs from Australia, the world’s biggest exporter of the commodity used to make steel.

Iron Ore Surges Toward $60 as Steel `Exuberance’ Bolsters Buying

Iron ore surged toward $60 a metric ton, climbing to the highest level in a month, as purchases from steel...

Coscol profit surges to $31.2m in 2014

Cosco Shipping Limited (Coscol) has booked a sharp increase in net profit for the financial year 2014, as it...

STX Pan Ocean surges on report of POSCO interest

STX Pan Ocean Co Ltd jumped as much as 9.2 percent on Monday after a media report said steelmaker POSCO was...