In response to news on China’s Dalian port restricting seaborne coal imports, Wood Mackenzie’s experts provide the following commentary. Wood Mackenzie senior consultant Yu Zhai said: “We estimate China’s seaborne metallurgical …
China restricts seaborne coal imports Read More »
Capesize Gloom continued to beset the market for the big ships, with Dalian port last week imposing a ban on Australian coal imports and capping coal imports from all sources by the end of 2019 at 12 million tonnes. It was also another week with Vale a…
Dry Bulk Market: Capesizes Still Under Pressure, on Dalian’s Australian Coal Import Ban Read More »
The Capesize dry bulk market is staring towards a challenging 2019 year, with demand for iron ore from China’s steel industry having taken a hit over the course of the past few weeks. However, the prospect of a potential trade agreement between US and …
Dry Bulk Market: Hopes of Trade Agreement Could Restore Market Confidence Read More »
The dry bulk market’s recent recovery has been a sign of hope for many ship owners, who had been looking for some sign of improvement, in order to rule out the scenario of a more serious crisis looming, not only for shipping, but for the world trade in…
INTERCARGO’s 2017–2018 Benchmarking Report is published after a second year of solid improvement in the dry bulk market. Back in December 2017, the Baltic Dry Index went above the 1,700 points, after the historic low below 300 points it reached in earl…
INTERCARGO: Dry Bulk Market Optimism Moderated Through to 2019 Read More »