Demand for second hand dry bulk carriers remained in high demand during the past week. In its latest weekly report, shipbroker Xclusiv said that “despite the northern hemisphere approaching the “heart” of the summer, dry bulk S&P activity remains r…
Shipping: Dry Bulk Carriers Remain in High Demand Read More »
This week’s chart highlights the notable increase in the monthly volume of Russian grain shipments during the first two quarters of this year. By the end of the second quarter, shipments had risen by 15% compared to the previous quarter. Notably,…
Dry Weekly Market Monitor: Russian Grain Shipments to Top Destinations Read More »
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 »