“We estimate that coal shipments to China will show a 15% fall y/y during the first quarter of 2025, reaching a three-year-low. Seaborne cargoes have slowed due to weaker domestic demand and higher competition from domestic supplies and overland import…
BIMCO: Chinese coal imports expected to fall 15% to three-year-low Read More »
The ship recycling market has been sluggish over the past week, but sentiment could be shifting optimistic soon. In its latest report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling markets across India, Ba…
Ship Recycling Remained Sluggish, But Cautious Optimism Could Be the Case Soon Read More »
The President of the Union of Greek Shipowners (UGS), Ms Melina Travlos, and members of the UGS Board of Directors met today with the European Commissioner for Sustainable Transport and Tourism, Mr Apostolos Tzitzikostas, in Brussels to confirm the con…
The dry bulk freight market is currently experiencing a significant upswing, primarily fueled by a notable decrease in the number of ballasters on the C3 route. This has led to anticipation of a market undersupply in the coming weeks, fostering a bulli…
Dry Weekly Market Monitor: Capesize Market Analysis – C3 route Read More »
Amid the ongoing trade war between USA and the rest of the world, shipbuilding activity remain rather lackluster, with a lot of questions regarding Chinese yards still in play. In its latest weekly report, shipbroker Banchero Costa said that “in the co…
Newbuilding Orders Lacking Momentum Read More »