China’s coal-fired power plants are facing procurement challenges for coal due to tight domestic supply, high prices, disruptions in shipping and strong electricity demand, the China Electricity Council (CEC) said […]
The power crunch in China appears to have a broad implication for the shipping sector. The electricity squeeze has led at least 10 Chinese provinces, including some manufacturing hubs, to […]
The freight derivatives for capesize bulk carriers is on fire as spot rates in the physical market near $70,000 per day. Greg McAndrew, executive director of derivatives at shipbroker Simpson […]
The power crunch in China appears to have a broad implication for the shipping sector. The electricity squeeze has led at least 10 Chinese provinces, including some manufacturing hubs, to […]
Total iron ore loadings in the first 8 months of 2021 were up +2.1% y-o-y to 1027.8 MMT. This was higher than the 997.2 MMT in the first 8 months […]
Wholesaler Costco, the fifth largest retailer in the world, has emerged as the latest American brand on the high street to attempt to take shipping matters into its own hands. […]
Bulker owners believe in a promising future given the low supply growth which should be kept in check for two more years at least. Speaking on a recent Arctic Securities’ […]
The surge of newbuilding activity that started in the fourth quarter of 2020 is likely to tail off as fears emerge of a capacity glut when those orders enter service. […]
There’s still 95 days of the year to go, and yet 2021 has already gone down in the record books with more secondhand ships changing hands than ever before. Latest […]
Long-term demand for dry bulk commodities could be hit by the impact of the Evergrande situation, even though analysts largely agree that the short-term impact of the debt woes of […]
