Capesize Gloom continued to beset the market for the big ships, with Dalian port last week imposing a ban on Australian coal imports and capping coal imports from all sources by the end of 2019 at 12 million tonnes. It was also another week with Vale a…
Dry Bulk Market: Capesizes Still Under Pressure, on Dalian’s Australian Coal Import Ban Read More »
Maersk has declared its intent of becoming the first shipping line to achieve zero-emission shipping, introducing a specific segment on its progress in this year’s sustainability report. Responding to this report from leading expert Dr Tristan Smith, a…
Maersk could cut CO2 faster with retrofits, says UCL Read More »
INTERCARGO’s 2017–2018 Benchmarking Report is published after a second year of solid improvement in the dry bulk market. Back in December 2017, the Baltic Dry Index went above the 1,700 points, after the historic low below 300 points it reached in earl…
INTERCARGO: Dry Bulk Market Optimism Moderated Through to 2019 Read More »
Whilst this time of year is traditionally slow for dry bulk markets, the sentiment has been further amplified in the short-term by news last month of the dam break at Vale’s iron ore mine in south eastern Brazil which has sparked supply concerns as clo…
What next for iron ore? Read More »
Calling a market turnaround to perfection is pure luck. But scouting for pillars that would support a higher level of demand makes sense. First up is the next Brazilian soya bean export season. Demand drivers and freight rates The extent of the freight…