Capesize The tide turned this week for the Capesize market, as voyage rates registered dramatically falling fuel costs. This was led primarily by weakness in the energy market, as the global supply of oil continues to mount. US suppliers are finding st…
Dry Bulk Market: Capesizes See Strong Demand in the Brazil to China Routes Read More »
China’s demand for soybean is forecast to grow in 2020 by 7.8% y-o-y, signalling a positive outlook for the dry commodity as well as for the bulk carriers that transport it. In the midst of a universal turmoil with the coronavirus having jolted several…
Chinese demand for soybean remains robust Read More »
The benefits of strong demand growth in the 2010s were limited by faster supply growth. Over the past decade, the developing world economy has allowed for strong growth in shipping activities, with the demand for transport never having been higher. How…
Overcapacity And Low Demand Growth Set The Tone In The 2010s Read More »
Dry bulk owners have started to see improved earnings during the past few days and this could be down to Asia’s return to business. In its latest weekly report, shipbroker Banchero Costa said that “coal trade in Asia is proving remarkably resilient thi…
Dry Bulk Market: Japan’s Coal Imports in Q1 2020 A Boost for Dry Bulk Owners Read More »
Chinese steel stockpiles reached record highs amid the coronavirus outbreak, but are now steadily easing. This paints the picture of an increased construction activity and a growing seaborne demand for the key dry bulk commodity of iron ore. Demand ret…
Chinese steel stockpiles retreating, a positive indicator for iron ore demand Read More »