“Between January and August 2024, coal shipments to India rose 10% y/y, outpacing an 8% y/y increase in domestic coal mining. Thermal coal shipments were a key driver, supported by strong electricity demand and coal import mandates. During the rest of …
Coal shipments to India jump 10%, but growth could slow Read More »
The decreasing trend in the number of Capesize ballasters in the South Atlantic supports the recent signs of a rebound in C3 market rates. This week’s charts reveal a notable surge in Capesize freight market rates for the Brazil to North China ro…
Dry Weekly Market Monitor : Capesize Ballasters View Vs Baltic Rates Read More »
The summer has been upbeat but tight monetary policy and bearish steel indicators suggest a bumpy landing in a normally positive quarter London and Singapore, 2 September 2024. Cash-rich dry bulk shipowners returning from their summer vacations have en…
Are buoyant dry bulk markets bracing for fourth quarter iron ore angst? Read More »
Capesize The Capesize market experienced a strong recovery this week after a mixed start partly due to a public holiday on Monday in the UK. In the Pacific, the week began with steady activity, but the market initially showed signs of weakening, with t…
Dry Bulk Market: Strong Recovery for Capesizes Read More »
Capesize The capesize market showed a steady positive trend throughout most of the week, with the BCI 5TC starting at $19,499 on Monday and peaking at $20,509 on Wednesday. Each day saw slight gains, driven by positive sentiment and increasing activity…
Dry Bulk Market: Capesizes Have a Positive Week Read More »