The global seaborne iron ore trade has remained quite steady over the past year and a half, but changes in ton-mile demand are making a difference, with Japan a prime example of that. In its latest weekly report, shipbroker Banchero Costa said that “gl…
Seaborne Iron Ore Trade Steady, While Ton-Mile Demand Increases Read More »
Coal imports of up to 40 million tons, coming into the EU from Russia, need to be replaced from other sources. This could present a significant opportunity for the dry bulk market. In its latest weekly report, shipbroker Intermodal said tha “amid the u…
Dry Bulk Market: Coal Trade a Boon for Bulkers Read More »
The dry bulk market could be entering a more bearish period in the coming weeks. In its latest weekly report, shipbroker Allied Shipbroking said that “it is without question that the dry bulk sector has been on a gloomy path these past few months or so…
Dry Bulk Market: Stormy Weather Ahead? Read More »
Capesize A mixed week for the Capesize sector, but it ended on a positive note. The timecharter average of the five routes rose above the $20,000 level and closed at $22,362 on Friday. Activity was largely seen from the Pacific, including coal from Ind…
Dry Bulk Market: Capesizes End Week on a Positive Note Read More »
The global seaborne coal market has grown yet again, over the course of the first half of 2022, following the significant rise of 2021. In its latest weekly report, shipbroker Banchero Costa said that “following a disastrous 2020, with the world hit by…
Seaborne Coal Market Growing Read More »