Capesize The Capesize market followed a generally softer trajectory for much of the week, with sentiment steadily eroding through the first half before a late improvement offered some stabilisation. Early support from a busy Pacific, where all three ma…
Dry Bulk Market: Capesize Rates Softened Last Week Read More »
Reactivity and volatility are the new constants of the dry bulk market, driven by rapid-fire news and uncertain policy decisions, according to a recent Baltic Exchange Forum. A panel at the Baltic’s Dry FFA Forum in Geneva, moderated by Ben Goggin, FFA…
Ramp up of market responsiveness Read More »
Chinese owners have dominated ordering activity at Chinese shipyards, accounting for over 65% of them, with foreign-based owners scaling back their contracting, because of the looming uncertainties. In its latest weekly report, shipbroker Xclusiv said …
Chinese Owners Dominate Orders at China’s Shipyards Read More »
“Iron ore shipments to China have risen 7% y/y since the end of June, following a stable period during the first half of the year. However, Chinese steel production has remained weak, leading to a build-up of portside inventories which reached an eight…
Chinese iron ore inventories rise as imports jump 7% Read More »
In the Pilbara, BHP is doubling down on growth, pledging A$1.4 billion to enhance Port Hedland infrastructure and sustain export capacity near 305 million tonnes per annum (Mtpa). The investment signals confidence in steady, high-volume output from Wes…
Iron Ore’s Shifting Currents: Supply Surge Meets China Slowdown Read More »