Russia is still a major player in the coal market, while Southeast Asian economies are now the main drivers of demand for the fuel. In a recent weekly report, shipbroker Banchero Costa said that “coal mining has been a key industry in Russia for a long…
Coal Market Shifting Read More »
Capesize The capesize market took a southerly direction this week to settle at $17,918, down -$1,998 week on week. While the market isn’t moving in large increments, its direction got clearer as the week progressed. Brazil to China C3 trading activity …
Dry Bulk Market: Capesize Segment Enters Correction Mode After Recent Rally Read More »
Sleepy Joe may have confirmed Kamala Harris as his running mate for the US Presidency, but there is another sleepy factor lurking in the background, ready to bring either fireworks or a quiet slide into obscurity towards the end of this year. The world…
A Sleeping Bull in a China Shop Read More »
Despite the recent lull in newbuilding orders over the past few months, the past week proved to be a different story, albeit only slightly. In its latest weekly report, shipbroker Clarkson Platou Hellas said that it was a “quite active week in terms of…
Dry Bulk Newbuilding Activity Picks Up Read More »
Summer may be drawing to close in the northern hemisphere but for dry bulk shipowners, the positive tone could continue into early autumn as port delays and diversions provide continued upside, says Maritime Strategies International. July was another p…
Bottlenecks and inefficiencies are key upside risks for dry bulk market says MSI Read More »