The dry bulk market has been on the downside for 20 straight sessions now, indicating that a weak sentiment has settled for good. To make matters worse, in three weeks time comes the Chinese New Year, traditionally a low point for the market in terms o…
Dry Bulk Market: Things Will Get Worse Before They Improve Read More »
One of the major coal exporters, South Africa is now having to rely more on markets like the ones in the Indian Subcontinent, especially India, in a bid to find buyers for its product. South Africa hasn’t managed to penetrate Far East Asian markets, bu…
Dry Bulk Market: Where to Next for South Africa’s Coal Exports? Read More »
Coal demand is increasingly moving towards the East, as European cargoes are gradually reducing. In a recent weekly report, shipbroker Banchero Costa said that “demand for coal continues to experience sharply differing fortunes in the Atlantic and Indo…
Europe Coal Imports Retreating Fast Read More »
Capesize The New Year started with an erosion on pre-Christmas rates as the higher low sulphur fuel costs due to IMO 2020 affected levels. From Brazil the route is now assessed at close to $18.50, whilst from West Australia, several vessels were fixed …
Dry Bulk Market: Capesize Market Starts on the Wrong Foot Read More »
The trade dispute dampened grain and soybean trade between the US and China in 2019 and China’s total imports of grain and soybean from the US in the year were down 18.5 million tonnes over 2017. However, it seems that trade negotiations between the US…
Sunny side up for grain and soybean trade in 2020 Read More »