Global Perspective Global coal demand reached 8.79 billion tons in 2024, marking a new record. According to the IEA’s Coal Mid-Year Update 2025 (July, 2025), consumption is expected to plateau at similar levels in 2025, reflecting a critical shift. In …
Is coal trade entering a turning point? Read More »
Demand for second hand dry bulk carriers was quite high last week. In its latest weekly report, shipbroker Xclusiv said that “the dry S&P activity was strong this week, with the Ultramax/Supramax sector taking the lion’s share, as almost half of th…
Dry Bulkers in High Demand Read More »
Capesize The Capesize market closed the week on a distinctly firmer footing, with gains building across both basins. The BCI 5TC advanced steadily, rising from just over $26,000 at the start of the week to $28,504 by close of play. The Pacific regained…
Dry Bulk Market: Capesizes Building Momentum Read More »
Following a weak start to 2025, Indonesian thermal coal shipments are showing signs of recovery. June marked the lowest monthly volume of the year at around 35 million tonnes, but by August exports had rebounded to nearly 48 million tonnes, surpassing …
Dry Bulk Shipping: Indonesian Coal Flows Gradually Rebound Read More »
Newbuilding ordering activity rose last week, with more owners contracting vessels. In its latest weekly report, shipbroker Banchero Costa said that “in the container sector, Greek company Danaos Shipping placed an order of 2 x 7,500 teu carriers to Ch…
Newbuilding Orders On the Rise Read More »