Global steel demand is expected to grow by 5.8% this year, and by a further 2.7% next year, more than offsetting the 0.2% decline in demand in 2020. In real terms this means an extra 102 million tonnes will be needed this year, with a further 50.6 mill…
Steel demand bouncing back Read More »
Record high US seaborne exports of coarse grains in March of 9.2 million tonnes took total Q1 exports to 21.3 million tonnes. This is the highest ever first quarter on record and a 120% increase from Q1 2020. Of the total 21.3m tonnes exported so far t…
BIMCO: Tonne mile demand triples as March witnesses US coarse grain madness Read More »
For the third year running Maritime Advisors, Liengaard & Roschmann have published their “Vesselindex Performance Report”, ranking the listed dry bulk companies based on their TCE performance. In a year 2020 which was characterized by a high level …
Benchmark Study Ranks Top Performers in Dry Bulk Read More »
Existing market fundamentals appear to be supportive of the dry bulk market’s further momentum, in what appears to be rather positive news for ship owners. In its latest weekly report, shipbroker Intermodal said that “despite the current challenges as …
Dry Bulk: Fundamentals Support Market’s Further Momentum Read More »
Ship owners are contracting more bulkers in the newbuilding market. In its latest weekly report, shipbroker Allied Shipbroking said that it was “another week with few dry bulk transactions coming to light in the newbuilding market, but with some very i…
Ship Owners Are Snapping up Bulkers in the Newbuilding Market Read More »