Disconnect between Chinese iron ore imports and steel production widens

Chinese iron ore imports continue to grow even as domestic steel output weakens, driving port inventories toward record highs. Until Simandou’s accelerating ramp-up is offset by cuts elsewhere in the supply chain, the inventory overhang is set to deepen, complicating the demand outlook for traditional exporters. Global iron ore flows reached 145mt in May 2026, …

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Data shows investments in the methane decarbonisation pathway continue to grow

2026 data shows that the methane decarbonisation pathway is moving forward. This is despite geopolitical disruption and regulatory uncertainty, says industry coalition SEA-LNG. The latest data shows that LNG bunkering volumes are surging in major bunkering hubs, liquefied biomethane sales have grown six-fold in major ports and LNG-fuelled vessels now account for about 90% of …

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Panama Canal congestion hits yearly high, prompting Jones Act waivers

Panama Canal congestion has climbed to the highest levels this year, prompting US authorities to grant multiple Jones Act waivers for domestic shipments even as the canal authority pledged to maintain full transit capacity through December despite looming maintenance and El Niño risks. The Panama Canal Authority will conduct a dry chamber overhaul from June …

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ESG frameworks in place but industry faces execution gap, finds shipping’s first ESG benchmarking report

Lloyd’s Register’s Maritime ESG Benchmarking Report reveals uneven progress and highlights the need to turn ESG ambition into operational performance. A new report has found that while Environmental, Social and Governance (ESG) frameworks are now widely established across shipping, they are not consistently translating into operational performance. The ‘Measuring ESG maturity in maritime’ report, published …

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