Seaborne coal exports from Indonesia were a driving force during 2023, with a 10.2% increase compared to 2022. In a recent weekly report, shipbroker Banchero Costa said that “global coal trade has really picked up pace in recent months, and is now full…
Dry Bulk Market: Indonesian Coal Exports A Driving Force During 2023 Read More »
The SnP market has been rising so far this year, both in terms of sales and prices. However, the latter could be starting to correct downwards, in the weeks to come. In its latest weekly report, shipbroker Allied said that “improving freight market con…
Inflated Prices for Second Hand Ships Could Face Downwards Pressure Read More »
Shipping demand shifts could emerge from the U.S., West Africa and China in the coming months. The Baltimore bridge collapse is expected to disrupt coal and car carrier sea trade in the U.S. East coast area, bit also LNG export trade. In its latest wee…
Shipping’s Demand in the U.S., Nigeria and China: What Lies Ahead? Read More »
The dry bulk market has rebalanced itself, after a period of correction. In its latest report, Breakwave Advisors noted that “the correction in dry bulk is here as spot rates look for a bottom. Although the excitement in dry bulk shipping remains unaba…
Dry Bulk Market Rebalancing Evident as Capesize Rates Drop by 40% Read More »
Demand for dry bulkers remained strong during the first quarter, as shown by the increase in the number of deals reported. In its latest weekly report, shipbroker Xclusiv said that “during the first 3-months of 2024, dry bulk S&P activity was brisk…
Dry Bulk Second Hand Sales Grew by 35% During the First Quarter of 2024 Read More »