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Australia's Fortescue says H1 profit slumped by a third as costs weigh | Hellenic Shipping News Worldwide

Australia’s Fortescue Metals, the world’s fourth-largest iron ore miner, on Wednesday said first-half profit tumbled a third on higher material and labour costs and lowered its interim dividend, sending its shares more than 4% lower. Fortescue said costs for the half jumped by a fifth. Australian miners have been burdened by a shortage of workers . ....

Shashwat Awasthi , Shounak Dasgupta , Elizabeth Gaines , Kenneth Maxwell , Fortescue Metals , Western Australia , Executive Elizabeth Gaines , Western Australian , Iron Bridge , Reuters Reporting ,

Passengers Depart COVID-Hit Cruise Ship After 5 Days

Disconsolate passengers stuck on a cruise ship moored in Lisbon s port for five days due to a COVID-19 outbreak began disembarking early on Monday… ....

Sachsen Anhalt , Pedro Nunes , Diogo Vieira Branco , Miguel Pereira , Aislinn Laing , John Stonestreet , Catarina Demony , Carnival Corp , New Year , Reuters Reporting , Victoria Waldersee ,

EUROPE GAS-Prices rise on colder temperatures, low wind | Hellenic Shipping News Worldwide

British and Dutch wholesale gas prices rose on Wednesday amid colder weather forecasts and low wind, amid high Asian coal prices. The British wholesale gas contract for immediate delivery was up 9.00 pence at 2.15 pounds/therm by 0917 GMT. The November gas price at the Dutch TTF hub, a European benchmark, was up . ....

United Kingdom , Nina Chestney , Marwa Rashad , Engie Energyscan , Northwest Europe , Reuters Reporting ,

China crude imports down 15% on yr, gas imports at 9-mth high | Hellenic Shipping News Worldwide

China’s September crude oil imports fell 15.3% from a year earlier, data showed on Wednesday, as companies drew on inventories amid rising global prices and as tightened import quotas continued to constrain purchases. Meanwhile, natural gas imports rose to the highest since January at 10.62 million tonnes, according to data from the General Administration of . ....

Christian Schmollinger , Robert Birsel , Chen Aizhu , Muyu Xu , Administration Of Customs , Zhejiang Petrochemical Corp , Sinopec Corp , General Administration , Seng Yick Tee , Reuters Reporting , Ana Nicolaci ,