The global coal market is on the cusp of an extraordinary shift, preparing for what the International Energy Agency (IEA) in its Coal Mid-Year Update 2025 describes as “an unprecedented occurrence in this century”: a second consecutive year…
Beyond peak coal trade Read More »
“We estimate the dry bulk supply/demand balance to weaken in both 2025 and 2026, compared to 2024. Demand growth is expected to slow, impacted by a weaker economic outlook for China and the world and a shift in US trade policy,” says Filipe Gouveia, Sh…
This week’s Chart Monitor highlights a continued upward trend in tonne-day growth for the Capesize segment during Q2 2025, particularly on voyages from the Atlantic Americas to the Far East. However, the recent surge in demand on the C3 route (Brazil t…
Dry Market Monitor: Spotlight on Capesize Tonne Days to the Far East and C3 Market Rates Read More »
Major bulk, made up of iron ore, coal, and grains, export volumes through the first half of the year have consistently fallen below that of 2024, but still sit within normal ranges. The global geopolitical landscape has been marked by uncertainty, risi…
Steel, Crops & Coal: The Global Tug-of-War Read More »
Capesize The Capesize 5TC remained firm from Tuesday and accelerated in the latter half of the week, breaking through the $30,000 threshold and eventually landing at $31,756 on Friday, gaining over $6,000 week-on-week. In the North Atlantic, a long car…
Dry Bulk Market: Capesizes Post Strong Rebound Read More »