South African coal exports were always one of the dry bulk market’s most important trades. Based on the latest available data, during 2020, South Africa’s coal exports were increased. In a recent report, shipbroker Banchero Costa said that “South Afric…
South Africa Coal Exports: Are They Still a Factor in the Dry Bulk Market Read More »
The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID-19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nation bodies l…
Coal carriers can look forward to a 26m-tonne increase in movements of the black rock by sea this year, although that increase springs off the lower baseline of pandemic-struck 2020. Statistics from global energy analyst IEA put 2020 trade volumes at a…
Muted coal recovery in 2021 Read More »
The tanker market has entered 2021 with renewed optimism thus far, despite estimates of the opposite. In its latest weekly report, shipbroker Fearnleys said that in the VLCC market “there was hope in the air for the first full trading week of the New Y…
Tanker Market Starts the Year on a Positive Note Read More »
Despite the alarming headlines in the spring of last year, container shipping proved remarkably resilient in 2020 in terms of volumes as well as freight rates. After a 5.0 million TEU (7.3%) drop in volumes in the first five months of the year, volumes…
Global container volumes down 1.7% in first 11 months of 2020 Read More »