Shipping Magnate John Fredriksen Calls End to Oil Rout
Shipping magnate John Fredriksen is trying to buy more oil tankers despite a glut of vessels afloat, a looming ...
Iron Ore Slumps in Told-You-So Rout as Top Shipper Sees $50s
Iron ore is getting beaten back down in a told-you-so rout after a procession of analysts, Australia’s central bank and miners themselves delivered warnings that gains were unsustainable
China steel snaps week-long rout as Beijing signals new crackdown
Chinese steel rebar prices rose on Tuesday, snapping a week-long rout, as renewed optimism about capacity cuts in the world’s top steel producer offset lingering worries about high inventory levels and waning demand growth.
China steel snaps week-long rout as Beijing signals new crackdown
Chinese steel rebar prices rose on Tuesday, snapping a week-long rout, as renewed optimism about capacity cuts in the world’s top steel producer offset lingering worries about high inventory levels and waning demand growth.
Panamaxes help Baltic Dry Index end its record-breaking rout
The Baltic Dry Index (BDI) today advanced by 1 point to reach 291 points, the first time the index has shown growth since December 24.
Biggest Oil Swings in 2 Years Accompany Rout
The biggest daily price swings in two years have accompanied oil’s collapse to the lowest level since 2009 as steep losses drive up volatility and make trading riskier. ...
Tanker market benefits from oil rout
The daily earnings of supertankers on the benchmark Middle East to Japan route hit a six-year...