The RB Eden vessel carrying 70,000 tonnes of U.S. sorghum turned around just before reaching the Spanish port of Cartagena and is now heading to Singapore, Thomson Reuters Eikon ship-tracking data showed.This marks the second U-turn for the…
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China and Shifting Seaborne Iron Ore Dynamics
The seaborne iron ore market appears to be in something of a sweet spot currently, with largely steady demand and prices that have been flatlining for the past couple of months. Of course, another way of saying that a market is enjoying relatively stab...
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Obituary: Hans Gerhard Kahn, Founder, Jumbo
Jumbo, the maritime heavy lift company, announced that its founding father, Hans Gerhard Kahn, passed away at the age of 95 (1922-2018). Kahn passed away on Friday 18 May in Caesarea, Israel. Kahn realized his dream of becoming a ship owner…
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‘Alien asteroid’ may be the oldest object in the solar system
WASHINGTON (Reuters) - An "alien asteroid" that circles the sun in the giant gas planet Jupiter's orbital path, but hurtling in the opposite direction, is the first-known permanent resident of our solar system that astronomers have concluded originated...
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China launches satellite to explore dark side of moon: Xinhua
SHANGHAI (Reuters) - China launched a relay satellite early on Monday designed to establish a communication link between earth and a planned lunar probe that will explore the dark side of the moon, the official Xinhua news agency said.
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U.S., China Closer on Trade Pact
The United States and China agreed to take measures to reduce the U.S. trade deficit in goods by having China purchase more American goods - particularly agriculture and energy products, according to a joint statement the two nations released on Saturday.
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China to Cut Steel Capacity by 2025
China will shut down more outdated steel plants and bring total capacity to less than 1 billion tonnes by 2025, the president of the country's steel industry association said, adding that national demand for the metal is set to decline gradually.
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The ‘Grande Halifax’ Christened in Halifax
The Pure Car & Truck Carrier Grande Halifax, owned and operated by the Grimaldi Group, has been christened yesterday in Halifax, New Scotia. Godmother of the new vessel was Ms. Karen Oldfield, President and CEO of the Halifax Port Authority.
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EU Ambassadors Visit Peru’s Largest Multipurpose Terminal
APM Terminals Callao hosted an EU delegation of ambassadors representing 12 EU member states. Led by the EU Ambassador in Peru, Diego Mellado, the visit was of special interest as annual trade between the EU and Peru is more than $10 billion, 60% of wh...
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IMO Promotes Single Window for Ports
What is a “single window” and why do ports need one? What are the best practices when it comes to electronic business and port logistics? How is International Maritime Organization (IMO) supporting developing countries to get ready for the…
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