Capesize The Vale dam tragedy sparked a sharp fall in rates across all regions even where tonnage remained tight. The potential loss of production prompted a panic among some owners and operators who chased rates down. Vale did fix a ship on the key ru…
Capesize Market on the Retreat as Tonnage Remains Tight Read More »
As the BDI falls to its lowest levels in almost two years, is this merely a seasonal lull or is this the sign of things to come for 2019 in the dry bulk markets? Whilst this time of year is traditionally slow for dry bulk markets as the far east prepar…
Fall in the BDI- is this more than a seasonal lull? Should we fear for a bad year? Read More »
For almost two decades now, China’s emergence as an economic powerhouse, with vast needs for raw materials imports to feed this growth, has immensely benefitted the shipping industry. However, while the country is still the most important market …
Will China’s Apparent Slowdown Hurt Shipping? Read More »
Total imports of iron ore and soya beans were lower in 2018 than in 2017, down 1% and 7.9% respectively, and although imports of coal grew by 3.7% in 2018, this was slower than the growth in 2017. Chinese bulk imports have become increasingly important…
Chinese dry bulk imports showed signs of distress in 2018 Read More »
The collapse of the upstream dam in Brumadinho will hurt Vale’s iron ore production from Minas Gerais in Brazil if the Brazilian government does not allow Vale to compensate the loss by increasing production at its other mines. Potentially35-40 Capesiz…
Brumadinho disaster will hurt Capesize demand Read More »