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Freight & Commodities

Stay up to date with the latest in Freight & Commodities— covering market updates, regulatory changes, vessel activity, and expert commentary from top maritime sources.

Vale Q1 earnings miss expectations despite stronger sales, iron ore prices

30 Apr, 2026
Vale SA clocked weaker-than-expected first-quarter earnings on Tuesday, even as the Brazilian miner clocked strong sales on higher prices of iron ore and copper. Vale’s pro forma earnings before interest, tax, depreciation, and amortization...

Solar capacity to outshine coal power in 2026

30 Apr, 2026
China’s installed solar power capacity is expected to surpass that of coal power for the first time in 2026, as the country’s transition toward green and low-carbon energy accelerates, according to an industry report released on Tuesday. Th...

Qatar completes pre-conflict LNG deliveries as LNG flows through Hormuz remain stalled

30 Apr, 2026
Qatar has completed deliveries of all LNG cargoes that were in transit when the Middle East conflict began on Feb. 28, marking the end of pre-conflict shipping flows. Qatar has completed deliveries of all LNG cargoes that were in transit wh...

India: Govt signs first commercial coal mine deals under UCG framework

30 Apr, 2026
The Ministry of Coal on Tuesday signed Coal Mine Development and Production Agreements (CMDPAs) with the successful bidders for four coal mines under the 14th round of commercial coal mine auctions, marking the first time that commercial co...

Kuwait leads jet fuel exports as global supply crisis looms

23 Apr, 2026
Unlike international reports, specifically The Telegraph magazine, which stated that Kuwait ranked second globally in jet fuel exports, an official report issued by the Kuwait Petroleum Corporation (KPC) confirmed that Kuwait achieved first...

Diesel market triage: US diesel diversions from Europe to Africa and Asia

23 Apr, 2026
Flashpoint: Markets in MotionMore exposed and expensive Asian, South and East African shorts are pulling US Gulf Coast (USGC) diesel cargoes away from previous headings to Europe, as the market continues to undergo a triage process in terms...

MMI Daily Iron Ore Index Report April 21 2026

23 Apr, 2026
Today’s iron ore market trended higher before easing off. The most active contract I2609 closed at 784 yuan/tonne, up 0.64% from the previous session. Spot prices edged down by 0–2 yuan/tonne day-on-day. Traders maintained active quotations...

Indonesia to stop diesel imports as it shifts to 50% biodiesel blend: Minister

23 Apr, 2026
Indonesia will stop importing subsidized low-grade diesel fuel from July 1 as the government enforces its mandatory B50 biodiesel program, Agriculture Minister Andi Amran Sulaiman said April 19. “We will no longer import Solar starting July...