After a cautious year, the dry bulk market is at the point where supply and demand are coming back into balance, but operators seem to be looking to go back […]
Charterers are locking in panamax bulk carriers on period charters as rates rise in the spot market, hitting a new 11-year high on Tuesday. On Monday, two Kamsarmaxes and two […]
There’s a changing of the order in the list of the top steel producing nations with significant ramifications for the dry bulk tonne-mile picture. Global steel production reached a new […]
Ship-recycling activity in Bangladesh had already taken a dip before the government’s nationwide coronavirus lockdown from 28 June. Demolition broker Ed McIlvaney told TradeWinds there are “distinct signs” the breaking […]
It didn’t take long for US-listed shipping stocks to reverse a one-week hiccup in share prices caused by jitters in the broader markets and inflation worries. Shipping shares snapped back […]
Mining giant Anglo American has snapped up options for four LNG-fueled capesize bulker newbuildings at state-owned Shanghai Waigaoqiao Shipbuilding (SWS) as yard prices continue to soar. They are part of […]
Running hot As the midpoint of 2021 approaches, we review the dry market’s impressive performance over the last six months and what the key drivers have been. The rally continues […]
Bulker owners feel confident that the market should retain its strength over the next two to three years. Speaking on a Marine Money panel, five senior executives cited low supply […]
More than half of the world’s coal-fired power capacity costs more to keep operating than it would cost to build new wind or solar, a new report out this week […]
Yantian Port is set to resume normal operations from midnight tonight after a month-long cut in productivity brought about by a Covid-19 outbreak. Shippers have been warned it will take […]
