Marooned on Rough Waters: Inside the Rescue of the MSC Elsa 3 Near Kochi

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Growing up near the water, one learns to respect both its beauty and its bite, but few ever witness a drama quite like what unfolded off the coast of Kochi. Imagine glancing at the horizon and spotting a container ship tilted precariously, battered by waves that won’t let up—a real-life reminder that the sea’s moods […]

The Next Wave of Guaibamax Ships and Vale’s Ambitious Leap

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Vale is introducing ten new Guaibamax ships—massive, efficient, and powered in part by cutting-edge sails—between 2027 and 2029. This bold move signals a shift toward sustainability, promising significant emission reductions while boosting Brazil’s logistical muscle.

Brazilian state moves to develop offshore wind energy and green hydrogen projects

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  The government of the Brazilian state of Rio Grande do Sul signed a three-year memorandum of understanding last week with Neoenergia, a subsidiary of Iberdrola, to pursue the development of offshore wind power and a project for the production of green hydrogen. The MOU calls for cooperation in other opportunities related to energy or […]

Valemaxes are squeezing capes for Brazilian iron ore exports

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  The valemax fleet is taking an ever greater chunk of iron ore exports out of Brazil at the expense of capesizes, new data from BRS shows. Brazil iron exports carried on these giant ships have shot up from 84m tonnes in 2018 to 136.7m tonnes last year, according to BRS. Up to last weekend, […]

Rate for benchmark capesize bulker route for Brazilian iron ore falls 19% in a week

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Rates for most of dry bulk shipping remain relatively steady as China’s industrial sector keeps still 21 October 2022 17:00 GMT UPDATED  21 October 2022 17:00 GMT By Michael Juliano   in    Stamford  The average spot rate for the benchmark iron ore route between Brazil and China fell over the past week as China’s industrial sector remained still. The rate […]

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