We have known it all along; the bigger the bunker fuel consumption of the ship, the more likely it is that shipowners will choose an SOx scrubber as the tool to comply with the IMO 2020 sulphur cap. Whiles only three Handysize bulkers in total have bee…
47% Of All Newbuilt Dry Bulkers Delivered In 2020 Are Fitted With A Scrubber Read More »
There has been much talk in recent weeks and months about Chinese coal policy, particularly with regard to imports from Australia, after anecdotal evidence suggest Chinese importers have been told to shun Australian thermal coal. But what does the data…
Australian Coal Wins Attention, But Indonesian Exports To China Have Fallen The Most Read More »
Lukewarm sentiment for Capesizes The strict Covid-19 containment measures and the stimulus packages China put forward in the wake of the pandemic in order to reignite its economy, seem to have played out well thus far. The country has showcased a rapid…
Capesize The Capesize market this week continued its recent range bound sideways drift hitting a low of $11,996 Tuesday on the 5TC, before closing the week out at $12,712. While the Pacific had more of a muted week, the Atlantic basin stepped up its ac…
Dry Bulk Market: Capesize Market Bounces Back By the End of the Week Read More »
While imports to the EU will continue to decline, momentum in Asia’s imports will remain intact over the next five-eight years, thereby supporting dry bulk shipping demand. However, increasing consensus on limiting climate change is expected to deceler…
Appalling fate of non-coking coal trade Read More »