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 »
Geopolitics aren’t exclusive to the tanker market, as it seems that they could also have an impact on the dry bulk segment as well. In its latest weekly report, shipbroker Xclusiv said that “China’s rush to lock in Africa’s battery metals is not just a…
Dry Bulk Shipping and China’s Rush Into Africa’s Resources Read More »
Demand for dry bulk carriers, both newbuildings and second hand, has remained elevated over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, COSCO Shipping placed an order of 4 x 210,000 dwt newcastle…
Dry Bulkers Still in High Demand Read More »
“We estimate that coal shipments to advanced economies will fall 2% y/y in 2025, reaching a 23-year low. This will be the third consecutive annual drop although the pace of decline has slowed compared to previous years. The contraction is primarily dri…
Coal shipments to advanced economies expected to fall 2% to 23-year low Read More »