Capesize The capesize market this week continued its range-bound trading as neither bulls nor bears managed to take a good hold of the situation. While plenty of volatility remains, the Atlantic basin C8 and the Pacific Basin C10 remain largely unchang…
Dry Bulk Market: Capesizes Trade Sideways, But Smaller Bukers Edge Forward Read More »
China imported a record 112.7 million tonnes of iron ore in July, just shy of 10m tonnes above the previous record. July thereby marked the fourth month in a row that iron ore imports exceeded the corresponding month the year before. In the first seven…
Chinese iron ore imports break record at 112.7 million tonnes Read More »
Global Energy Monitor’s latest Global Coal Plant Tracker has put another nail in the coffin for the coal-carrying fleet with its finding that the world’s fleet of coal-fired power stations reduced for the first time on record in the first half of this …
Global coal power puzzle Read More »
Capesize A quiet end to the week could not disguise the improved sentiment in the capesize market, with several brokers suggesting that this may simply represent a precursor to another move upwards. The timecharter average climbed $1,282 to close at $1…
Dry Bulk Market: Capesize Segment Ends Week on a High Read More »
Ship owners in the dry bulk market have been adding more tonnage, as demand is picking up. In its latest weekly report, shipbroker Intermodal said that “the dry bulk sector is beginning to recover from reduced SnP activity recorded in the first quarter…
Smaller Bulkers In High Demand Read More »