Shipowners looking to order LNG-fueled newbuildings could face the risk of the vessels becoming stranded assets if policymakers push shipping towards zero-emission fuels, a new study has found. The study […]
China steel production ticks up in August Chinese crude steel production increased by 0.8% YoY and 3.0% MoM in August, according to the National Bureau of Statistics. According to Reuters, […]
Tolls for vessels using the Suez Canal are set to rise by 15% next year except for dry cargo and cruise ships which will increase by 10%. The transit toll […]
The panamax bulker sector’s slide late last week after a two-week rally may continue this week, lest the grain trades from the east coast of South America and US Gulf […]
The two-week strike at the port of Liverpool on the west coast of Britain will start this evening after unions and Peel Ports failed to reach a pay deal. The […]
Container shipping has been warned to brace for a hard landing rates-wise as multiple indices around the world plunge further. Utilization rates are sliding despite an increase in blank sailings. […]
The momentum from the record monthly corn exports from Brazil in August (7.5 MMT) and positive export figures to date for September has certainly helped the Panamax market in particular […]
Goodbulk has shed eight vessels from its fleet so far this year to capitalize on strong bulker prices. The disposals, including seven capesizes as well as the capesize owner’s solitary […]
Overall, it is becoming easier to be more bullish for the Chinese steel/iron ore complex and for the Chinese economy in general. China’s steel output has now risen to the […]
Data released today shows that China’s coal-derived electricity generation not surprisingly set another new record in August, but this has not received much widespread attention. China’s total electricity production also […]
