Japan’s Nisshin Shipping has ordered up to 10 Kamsarmax dry bulkers in China as appetite for fresh tonnage in the sector appears to be increasing. These 82,000 dwt newbuildings are […]
Brazilian soybeans exports in the first three weeks of April surpassed the year-ago level due to higher exports in the third week of the month, sources said April 20, which […]
According to a draft rule from China’s National Energy Administration (NEA), the country will seek to increase its power generation from solar and wind to 11% of total energy consumption […]
Cleaves Securities, the number one shipping analyst in the world according to Bloomberg, issued its quarterly shipping report today and the message to dry bulk owners wondering if they’ve missed […]
China’s National Bureau of Statistic’s released its monthly production figures for March. According to these, relevant production statistics showed a strong trend for GDP growth, coal consumption and steel production. March […]
The price of steel has increased to its highest level since the 2008 financial crisis due to acute coil shortages in Europe and the USA. The situation seems unlikely to […]
Tightening up The Capes have finally joined the smaller vessels in an unseasonal rally, surging to the highest levels since last October. Cargo volumes have been solid, but inefficiencies and […]
Two days ago, the FFA market for Capesize and Panamax vessels posted large declines but has since recovered with next month FFA’s currently quoted at USD29.8k/day and USD20.9k/day, respectively, versus […]
Shipping has enjoyed the best three months of business for 13 years, with soaring rates and a bounceback in world trade. This exhilarating performance — as measured by Clarksons Research […]
China will continue to be the biggest influence on bulker markets in the second half of 2021, but potential impacts from its changing political priorities remain a mystery. Analysts expect […]
