Published by Jody Dodgson, Editorial Assistant Global Mining Review, Friday, 12 June 2026 15:00 Advertisement China Baowu and Rio Tinto have successfully completed industrial-scale pelletisation and shaft furnace trials in China using Rio Tinto’s Pilbara Blend iron ore, as part of their broader partnership […]
Photo: OOCL 12/06/2026 Container spot freight rates on the transpacific and Asia-Europe trades rose for the sixth consecutive week, although the sharp increases seen last week have tapered a little. As has become the norm since the Red Sea crisis led to the effective closure of the Suez Canal for most Asia-Europe and several Asia-North
Carriers keep the price pressure on – a ‘shock and awe’ PSS the standout Read More »
Cathay Cargo 12/06/2026 Air freight rates remain stubbornly high, despite a steady recovery in capacity as airlines, forwarders, and shippers adapt to a market reshaped by the Iran conflict, elevated fuel costs, and relentless demand from the AI sector. Data from Rotate shows global freighter capacity rose 4% month on month in May, and a
Air freight rates stay high, despite recovering capacity and easing fuel costs Read More »
Codelco and the CEA-Liten institute signed a collaboration agreement to study and develop technologies that enable the electrification of equipment in underground mining operations. This is a milestone that marks a new advance in the state-owned company’s commitment to the decarbonisation of its production processes and cutting-edge technological innovation. The Liten (Laboratory for Innovation in
ID 443598791 © Anatolii Savitskii | Dreamstime.com 12/06/2026 Despite another turbulent contract season, most major US shippers continue to favour annual ocean freight agreements over shorter-term or index-linked alternatives, according to industry executives. Stephanie Loomis, head of procurement, pricing and commercial relations, ocean product, at Noatum Logistics, told The Loadstar this year’s transpacific eastbound contracting cycle had been the
Cargo contract conundrum: annual agreements, or go for shorter-term deals? Read More »
The U.S.-Iran conflict escalated again on Thursday before abruptly swinging back toward diplomacy, producing another day of extreme volatility in both energy and financial markets. The escalation began after two days of renewed exchanges between Washington and Tehran following the downing of a U.S. Army helicopter near Hormuz earlier this week. On Tuesday and Wednesday,
Oil Market Volatility Masks a Shifting Reality in the Middle East Read More »
Politics, Geopolitics & Conflict Armenian Prime Minister Nikol Pashinyan won re-election on Sunday, defeating a Russian-backed opposition campaign and keeping the country on the Western trajectory. But the result fell short of giving him the parliamentary supermajority needed to easily implement some of the most consequential elements of his agenda. Pashinyan’s Civil Contract party won
Armenia’s Western Pivot Survives Moscow’s Pressure Campaign Read More »
July WTI crude oil futures traded sharply lower through Thursday as traders removed much of the geopolitical premium tied to tensions between the United States and Iran. Through June 11, the contract traded between a high of $95.47 and a low of $85.13 before settling near $85.93. At that level, prices were down $4.32, or
Oil Prices Slide as Traders Bet on Diplomacy Read More »
Photo: AI-generated 12/06/2026 European automakers and their logistics services providers are navigating a period of upheaval and structural change, according to industry and research sources interviewed by The Loadstar. Hit hard by US tariff hikes, a sizeable chunk of OEM premium export business has disappeared, while on the home front, Chinese rivals are not only
Europe’s auto sector faces ‘perfect storm’ as exports slump and imports surge Read More »
© Mariusz Bugno 12/06/2026 Containership newbuilding orders this week have been dominated by 6,000 teu-plus ships, but interest in feeder vessels remained strong. French line CMA CGM added to its orderbook of 6,000 teu ships, after contracting eight at Hengli Heavy Industries for delivery in 2028. Alphaliner notes CMA CGM already operates six ships of
CMA CGM expands 6,000-teu box fleet with new orders and charters Read More »