Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
21 May, 2026, 01.16 PM IST
Automakers' joy ride hits a big cost hurdleRising input costs and freight charges, driven by the West Asia crisis, are pressuring automakers to increase vehicle prices. This surge in...
20 May, 2026, 12.14 AM IST
Global Markets | Australian shares fall for third day as banks weigh ahead of federal budgetAustralia's stock market saw a decline for the third consecutive day. Banks led the losses as investors anticipated a federal budget focuse...
12 May, 2026, 01.04 PM IST
Dry-bulk shipping rates hit two-year high on capesize demandThis rise is attributed to increased demand for Capesize vessels, tightening ship supply, and disruptions in iron ore exports. The conflict...
07 May, 2026, 10.42 AM IST
Global Markets | Australian stocks recover as banks, miners advance on improved risk sentimentAustralian shares rebounded strongly, driven by gains in banks and miners, as positive developments in U.S.-Iran relations boosted investor...
06 May, 2026, 01.09 PM IST
Global Markets | Australian shares end largely unchanged as investors remain wary of Mideast risksAustralian shares saw a modest rise on Monday. Investors remained cautious, awaiting developments in the Middle East conflict. Hopes for a ...
20 Apr, 2026, 12.46 PM IST
Global Markets | Australian shares edge higher on US-Iran talks resumptionAustralian shares edged higher as renewed U.S.-Iran peace talks offered optimism, though oil supply worries persisted due to the Strait of ...
15 Apr, 2026, 12.59 PM IST
Iron ore cargoes diverted from mideast as conflict intensifiesThe market for higher-grade ore tightens. This instability exposes supply chain vulnerabilities. China faces pellet supply loss. Iron ore f...
14 Mar, 2026, 10.17 AM IST
China's COSCO Shipping, Fortescue to build green fuel supply chainThe memorandum of understanding includes exploring construction and deployment of green ammonia-fuelled vessels owned either by COSCO or jo...
30 Jul, 2024, 09.51 AM IST
Empty iron ore ships switch to coal to survive China’s slumpMiners and traders are slashing shipments of iron ore, the second-most widely traded seaborne commodity, and re-assigning their bulk carrie...
11 Nov, 2022, 09.12 AM IST
CBI to investigate the 2009 sinking of MV Black RoseParadip Port Trust (PPT) Chairman, Rinkesh Roy, however dismissed the idea that handing over the case to the CBI, almost a decade after the...
04 Jul, 2018, 10.56 PM IST
No proposal for revision of export policy on iron ore: GovernmentThere is no proposal before the government for revising export duty on iron ore -- a key ingredient for making steel, Parliament was inform...
21 Dec, 2015, 04.42 PM IST
Tata Steel's Canadian JV acquires Howse iron ore depositHowse Minerals Ltd holds 51 per cent stake in the Howse deposit hand bought the remaining stake for 5 million Canadian Dollar, the firm sai...
02 Apr, 2015, 10.14 PM IST
- Vehicle tracking system must for ships carrying iron ore
Goa Mines and Geology department has made the vehicle tracking system compulsory for all the ships carrying iron ore.
18 Aug, 2012, 01.36 PM IST
- JSPL likely to ship iron ore from El Mutun mines
Jindal Steel and Power Ltd (JSPL) could ship iron ore from El Mutun mines in Eastern Bolivia through the Paraguay river using the port faci...
13 Mar, 2008, 10.55 AM IST
- Duty holds up ore exports from east zone
Iron ore exports from Paradip, Haldia and Vizag have come to a grinding halt from Thursday following the imposition of Rs 300-per-tonne exp...
06 Mar, 2007, 03.38 AM IST
- Indian steel, shipping get a Chinese shot
China’s increasing appetite for iron ore, fuelled by the ’08 Olympic Games, is helping Indian shipping and mining industries reap money.
16 Sep, 2006, 02.00 AM IST