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MMI Daily Iron Ore Index Report October 19 2026

Today’s recovery extended across futures, port spot and seaborne markets, but better prices should still be distinguished from stronger demand. DCE most-traded closed at 682.5 yuan/mt, up 1.49%; all three port indices rose, the seaborne 61% index reached USD 90.90/dmt and the 65% reached 107.95, with all 12 brands higher. Price moves were broadly aligned, ...

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Pushing the boundaries of battery-electric ferry design

With a 40 MWh battery system on board, Incat’s latest catamaran newbuild has made headlines as the largest purely electric ferry to date and likely pioneer of a new vessel class.

  • Incat's 40 MWh battery system powers world's largest electric ferry.
  • Multihull design offers low water resistance, high energy efficiency.
  • China Zorrilla, 130-meter electric ferry, operates between Buenos Aires and Colonia.

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