Despite its contribution to greenhouse gas emissions, global coal consumption climbed to an all-time high in 2022 and is on track for a record-breaking 2023 and 2024. In this article, we focus on the safety measures needed to reduce the risk of fire an…
Coal cargoes: Avoiding explosion and self-heating Read More »
The global coal trade, once concentrated in the Pacific and Atlantic basins, is undergoing a significant transformation, as highlighted in the International Energy Agency’s Coal 2023 report. The changing dynamics of coal consumption, production, …
Coal trade continues to head east Read More »
In the third week of December, sentiment in the freight market for large vessel sizes has shown signs of weakening. However, optimism grows for a robust month-end, given the declining number of ballasters in the Panamax Continent Far East. Within the C…
Iron ore exports from Australia have been on the rise during 2023, reaching a new all-time high. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive year for global iron ore trade. In Jan-Nov 2023, global l…
Dry Bulk Market: Australian Iron Ore Exports Reach New All-Time High Read More »
Capesize The capesize market experienced a dynamic week, with distinct developments in the Pacific and Atlantic regions. The Pacific market started the week on a high note, driven by port closures in North China due to weather and the presence of all t…
Dry Bulk Market Completes Second Week of Correction Read More »