Reactivity and volatility are the new constants of the dry bulk market, driven by rapid-fire news and uncertain policy decisions, according to a recent Baltic Exchange Forum. A panel at the Baltic’s Dry FFA Forum in Geneva, moderated by Ben Goggin, FFA…
Ramp up of market responsiveness Read More »
Chinese owners have dominated ordering activity at Chinese shipyards, accounting for over 65% of them, with foreign-based owners scaling back their contracting, because of the looming uncertainties. In its latest weekly report, shipbroker Xclusiv said …
Chinese Owners Dominate Orders at China’s Shipyards Read More »
“Iron ore shipments to China have risen 7% y/y since the end of June, following a stable period during the first half of the year. However, Chinese steel production has remained weak, leading to a build-up of portside inventories which reached an eight…
Chinese iron ore inventories rise as imports jump 7% Read More »
The global push to tackle climate change has slowed. Ten years on from the Paris Agreement, no major G7 country appears on track to meet its 2030 emissions reduction goals. Announced goals for 2035 lack ambition, suggesting too many governments are kic…
Slipping climate targets and the “energy addition” Read More »
The ship recycling market has been varying in performance, depending on the individual market. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian market showed some recovery last week, wit…
Ship Recycling Market Showing Mixed Performance Read More »