India’s urge to increasse coal imports, could prove a boon for the dry bulk market. In its latest weekly report, shipbroker Banchero Costa said that “according to a recent Reuters article, India’s government has urged its local officials to step up coa…
Dry Bulk Market: India’s Coal Imports a New Factor Read More »
Capesize The Capesize market had a positive week overall with the BCI and 5TC route average at 2003 points and $16,609, closing at 2,136 and $17,713. The first half of the week remained positive amid strong support from the Pacific. The C5 West Austral…
Dry Bulk Market: Capesize Market on Positive Territory Read More »
Both dry and liquid bulk shipping markets will be reshaped this year on the back of supply chain friction and the war in Ukraine, while supply chain problems are expected to “drag on through” 2022. Analysts at ING expect trade growth of between 1% and …
Supply chain snarls and the war in Ukraine will change cargo flows Read More »
China’s iron ore imports were down by 8.5% during the first quarter of 2022. In a recent report, shipbroker Banchero Costa said that “2021 proved fairly robust, but far from remarkable, in terms of global seaborne iron ore trade. Total global loadings …
Dry Bulk Market: First Quarter Iron Ore Imports From China Were Down By 8.5% Read More »
Capesize After several weeks of relatively flat price movement, the Capesize 5TC market has started to show a little positive sentiment with levels pushed to $15,299. Fixture activity on the whole has not been very eventful, yet the Pacific C5 West Aus…
Dry Bulk Market: Capesizes Enter Positive Territory Read More »