“In April 2026, coal shipments to Japan, South Korea and the EU jumped 27% y/y as these countries seek alternative energy supplies to gas to meet their electricity demand. The closure of the Strait of Hormuz has disrupted LNG shipments out of the…
Tight gas supply drives 27% jump in coal shipments to Japan, Korea and the EU Read More »
Capesize The market began the week lacking clear momentum, with sentiment broadly flat and activity unevenly distributed across the basins. The Pacific provided the main source of liquidity, supported by consistent miner presence and a steady flow of c…
Dry Bulk Shipping: Capesize Market Lacking Momentum Read More »
Dry bulker prices have been on an uptrend for a number of months, despite the fact that earnings have remained mostly flat during this period. In its latest weekly report, shipbroker Xclusiv said that “the period spanning late February to late April 20…
Dry Bulk Carriers Repricing Hard to Explain, But Still Evident Read More »
Capesize The market began the week with strong upward momentum, briefly pushing the BCI 182 5TC to the cusp of $39,000, supported primarily by strength in the Atlantic basin. Early gains were driven by a firm C3 market and a tightening ballaster list, …
Dry Bulk Market Trending Higher Read More »
The dry bulk market has been supported from a further increase of Australian iron ore exports during the first quarter of 2026. In its latest weekly report, shipbroker Banchero Costa said that “2025 was another positive year for global seaborne iron or…
Dry Bulk Shipping: Australian Iron Ore Exports On the Rise Read More »