Coal exports from South Africa have been declining over the past few years, despite a rising trend overall in the seaborne coal trade. In a recent weekly report, shipbroker Banchero Costa said that “global coal trade has really picked up pace over the …
Dry Bulk Shipping: South Africa Coal Exports on the Decline Read More »
Demand for second hand dry bulk carriers has been high throughout 2024. In a recent weekly report, shipbroker Intermodal said that “the dry bulk sale and purchase activity continue to demonstrate remarkable strength this year so far, achieving the seco…
Dry Bulkers in Demand Throughout 2024 Read More »
The world’s largest iron ore consumer, China, continues to grapple with a sluggish economy, particularly in its crucial property sector. This has had a significant impact on iron ore demand, driving prices down over 20% year-to-date. “Iron …
Iron ore faces a bleak outlook Read More »
The Asian thermal coal market could be set for a bearish 2025, under current fundamentals. In its latest weekly report, shipbroker Xclusiv said that “the Asian thermal coal market outlook signals challenging conditions for 2025, with bearish pressure o…
Dry Bulk Market: Asian Thermal Coal Market in Bearish Mode Read More »
Capesize The Capesize market began the week on a positive note but experienced a gradual weakening as the week progressed. Early in the week, signs of optimism were seen in the Pacific and Atlantic markets, supported by improved cargo flows and a short…
Dry Bulk Market: Capesize Market Showing Signs of Optimism Read More »