Rapidly rebounding midsize bulker rates lifted the dry bulk spot markets despite the blow of an Indonesia coal ban. The P5TC, the Baltic Exchange’s measure of panamax bulker spot rates […]
Indonesia will consider relaxing its coal export ban, a government spokesman told Lloyd’s List. The restriction, announced on January 1 to ensure adequate coal supply to domestic power plants, has […]
Coronavirus disruptions have continued in China’s Ningbo, where the world’s third-largest container port is striving to maintain operation levels. Truck entry into the port area remains restricted while some container […]
(This article is one of more than three dozen contributions from shipping industry stakeholders about their outlook for decarbonization efforts in the year ahead. We asked shipowners, managers, financial professionals, […]
No one expects container shipping markets to head south anytime soon. The powerful fundamentals that propelled freight and charter markets to record highs remain firmly in place at the start […]
On Saturday, Indonesia announced a ban on thermal coal exports to alleviate shortages amongst domestic utilities. The length of the ban is not yet known, with one industry source stating […]
Clarksons Research’s latest commodity price figures make potentially good reading for bulker owners. The research arm of the UK shipbroking group said its “basket” index for dry bulk in October […]
The average spot rate for capesize bulkers has marked its third-straight day of gains, returning the market to heights not seen since the beginning of October. The capesize 5TC, a […]
Shipping companies are bracing for further port congestion in China due to rising Covid-19 infections and severe weather conditions. Local shipping sources said that piloting services at the Port of […]
More than 300,000 people have been tested for coronavirus in a district in the port city of Ningbo, following an outbreak of the illness, detected on Monday. The district of […]
