China’s import of thermal coal so far this year trails the same period in 2024 by over 14%, weighing on global capesize demand. Chinese seaborne thermal coal demand weakened in 2025 due to two key factors: Stronger domestic coal production, up 1.5% y/y…
Coal Continues To Lose Power In The China-Bound Capesize Market Read More »
More newbuilding orders for dry bulk carriers were reported during the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Singaporean owner Winning International placed an order for 2 x 325,000 dwt ore carr…
Dry Bulk Newbuildings Back in Demand Read More »
The orderbook for bulkers hasn’t been refilled so far in 2025, with owners hesitant to place more orders, closing in at the lowest level since almost a decade. In its latest weekly report, shipbroker Intermodal said that “during the past few weeks, we …
Dry Bulk Newbuilding Orders Lowest Since 2016 Read More »
Capesize The Capesize market delivered a robust and increasingly confident performance this week, with the BCI 5TC climbing steadily from the low $30,000s to close the week in the $37,000s. The Pacific set the tone early, where consistent miner partici…
Dry Bulk Market: Capesize Showing Signals of Strength Read More »
Most coal exporting countries have seen lower exports so far in the year, with Indonesia being no exception. The main “culprit” is China’s diminished appetite for seaborne coal imports. In its latest weekly report, shipbroker Banchero Costa said that “…
Dry Bulk Shipping: China’s Coal Imports Down 13% in 2025 Read More »