Global coal demand is set to remain broadly unchanged in both 2024 and 2025 as surging electricity demand in some major economies offsets the impacts of a gradual recovery in hydropower and the rapid expansion of solar and wind, according to the IEA’s …
Global coal demand is set to remain broadly flat through 2025 Read More »
The IMO’s enforcement of EEXI and CII regulations from January 1, 2023 marks a significant step in reducing greenhouse gas emissions from the maritime industry. As the regulations become stricter and the major impact expected post-2024, shipowners must…
IMO GHG regulations to squeeze Dry Bulk supply Read More »
Capesize It was only on Thursday that the Capesize 5TC climbed to positive territory and became closer to $25,000. But the correction or Friday eventually settled the week at $24,652. In the Pacific, there was more resistance from owners towards the en…
Dry Bulk Market: Capesize Market on Correction Mode Read More »
Growing global demand for commodities and a sluggish newbuild market up until 2023 have set the stage for bullish growth in the bulker market in the coming years. Bulker owners are taking advantage of these favourable market conditions and starting to …
Positive outlook for bulkers as demand outpaces supply Read More »
“During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions. A 6.5% y/y increase in prices could be deterring contracting, yet in the second-hand market, where prices rose 15.2% y/y, t…
Dry bulk newbuild contracting fell 34.2%, despite a strong market Read More »