Data released today shows that China’s electricity production in October totaled 661 billion kilowatt hours. This is down month-on-month by 22 billion kilowatt hours (-3%) but is up year-on-year by […]
Chinese steel production for October came in broadly in line with the 5-year average of 80.0 MMT as the National Bureau of Statistic reported production of 79.8 MMT, down 8.3% […]
The UN-led Joint Coordination Center overseeing the export of Ukrainian grain products has reported a backlog of 60 bulk carriers waiting to load cargo as Ukrainian authorities continue to blame […]
China’s recent signals of loosening the collar of strict Covid-19 protections that have helped choke its economy are about to spell good news for the dry bulk sector, just not […]
Danish Ship Finance (DSF) says owners will have to get used to making less money from asset plays and more from actual shipping operations. In its six-monthly look at vessel […]
Charter rates for LNG carriers have risen to fresh historic highs as assessments for spot levels smash through half a million dollars per day. The Baltic Exchange’s BLNG2g route from […]
Clarksons Securities believes VLCC spot rates have much further to rise after storming past $100,000 per day for scrubber-fitted ships. Analysts Frode Morkedal and Even Kolsgaard believe fourth quarter vessel […]
New daily coronavirus cases in China continue to surge. Over the weekend new cases surged even further. The last six days have each now seen over 1,000 new daily cases […]
Brazil’s iron ore exports suffered a record month on month decline in October; after a strong September (36 MMT) shipment programme exports plummeted by 9.3 MMT to 26.8 MMT. Cargo […]
While not a reopening, China has eased some of its coronavirus restrictions including shortening quarantines by two days for close contacts of people infected with coronavirus and removing a penalty […]
