South African coal exports were always one of the dry bulk market’s most important trades. Based on the latest available data, during 2020, South Africa’s coal exports were increased. In a recent report, shipbroker Banchero Costa said that “South Afric…
South Africa Coal Exports: Are They Still a Factor in the Dry Bulk Market Read More »
Coal carriers can look forward to a 26m-tonne increase in movements of the black rock by sea this year, although that increase springs off the lower baseline of pandemic-struck 2020. Statistics from global energy analyst IEA put 2020 trade volumes at a…
Muted coal recovery in 2021 Read More »
Despite the pandemic, deals for dry bulk carriers managed to reach over 500 during 2020, a level similar to 2019. In its latest weekly report, shipbroker Intermodal, “despite the market shock in the 1H2020 and the suppression of interest in SnP, the 2H…
Dry Bulk Acquisitions in 2020 Reached Similar Levels as 2019 Read More »
2020 has been a turbulent year for shipping to say the least and things weren’t that different when it comes to the shipbreaking industry as well. In its latest report, shipbroker Clarkson Platou Hellas noted that “in what has been a completely turbule…
Capesizes Were The Most Scrapped Ship Class During 2020 Read More »
The dry bulk market could be heading towards a renewed wave of demand for raw materials, as the global economy is expected to grow once more after the pandemic. In its latest weekly report, shipbroker Intermodal said that “as we all know, China forges …
Dry Bulk Market Expected to Rebound During 2021 Read More »