The pandemic effect has changed the dry bulk market’s fundamentals. In its latest weekly report, shipbroker Allied Shipbroking said that “early on in the Covid-19 pandemic, there may have been a minority who from the very beginning could see this as an…
Dry Bulk Market’s Fundamentals Different Than Six Months Ago Read More »
Increasing penetration of renewables in the energy mix has already created a bearish outlook for non-coking coal trade, but completion of the rail network between Mongolia and China in 2021 threatens to bring the coking coal trade between Australia and…
Coking coal’s rail ticket to hit Panamax demand post 2025 Read More »
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 »