The shipping market is undergoing a challenging 2020 in terms of freight rate market, amid a global pandemic, which has disrupted the global supply chain. In its latest weekly report, shipbroker Intermodal said that “the challenges brought forward in 2…
Demand for Seaborne Shipping Is Still Here Despite Pandemic Disruption Read More »
Capesize The Capesize market reached new highs for the year this week, topping out at $34,896 on the 5TC. The quick ascension to these lofty heights has been met with an equivalent descent since Wednesday as the market shed value down to $29,479 by wee…
Dry Bulk Market: Capesize Market On New Heighs Read More »
China’s coal imports have diminished over the course of the third quarter, after a promising beginning to the year. In its latest weekly report, shipbroker Banchero Costa said that “China’s coal imports boomed in 2019, surprising many who had exp…
China Coal’s Imports: A Dry Bulk Market Conundrum Read More »
China’s economic recovery of late bodes well for the long-term prospects of the dry bulk market. However, there are still many hurdles to be overcome, until analysts can be confident in a full-blown freight rate resurgence. In its latest weekly report,…
China Offers Hope for Long Term Dry Bulk Market Growth Read More »
What a year 2020 has been so far! January ushered in the widespread, but not worldwide, availability of Low Sulphur Fuel Oil for ships’ bunkers. INTERCARGO joined with other international shipping organisations in assisting our industry to make this ch…
INTERCARGO: “2020 Is the Most Challenging Year in Decades” Read More »