During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistical challenges started to emerge. Two years after the start of the war in Ukraine, sanctions on Russia are …
Russian coal shipments fall 14% as sanctions bite Read More »
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large vessel size categories where rates remained close to the highs reached in the third week, notably on the Cap…
Australian coal flows to Asia hover above last year’s volume tonnes Read More »
Capesize The week started on a subdued note as Asia observed Lunar New Year holidays, all three major mining companies active in the Pacific, contributing to an upbeat sentiment despite minimal activity elsewhere. Conditions were notably calm from Sout…
Dry Bulk Market on the Rise Read More »
There are a lot of questions currently surrounding the potential growth of the Chinese economy and what a slowdown would mean for the dry bulk industry. In its latest weekly report, shipbroker Xclusiv Shipbrokers said that “China’s recent robust …
Dry Bulk Market: Are China’s Commodities Imports Sustainable? Read More »
In the third week of February, Capesize Brazil to North China rates experienced an upturn, surpassing the $20 per ton mark. However, with the Chinese Lunar New Year already celebrated, the sentiment regarding freight rates remains uncertain, leaving ob…