To help boost the economy, Beijing is targeting investments in new energy projects, high-speed rail, and water tunnels. China is pumping trillions of yuan into infrastructure investment, stimulus that could […]
After three months of being neutral on the stock, Clarksons Securities has upgraded Golden Ocean’s shares back to a ‘buy’ rating. The upgrade followed shortly after the Oslo- and Nasdaq-listed […]
Journalists call the August holiday period the “silly season” because there is often nothing to write about and the creative imagination kicks in. When I worked on the London Evening […]
Energy prices are continuing to firm in Europe and weather is driving supply/demand changes across several regions. We look at how these recent developments shape the outlook for seaborne coal […]
Bulker owner Golden Ocean Group has booked another profitable quarter and upped its dividend to shareholders. The Oslo- and Nasdaq-listed shipowner recorded $163.7m in net profit for the second quarter, […]
The maritime corridor set up by the UN to allow the release of grains from war-torn Ukraine is getting busier as demand and confidence grow. A total of 34 vessels […]
Spot rates for capesize bulkers dropped further on Wednesday as China’s hurting real-estate industry continues to put the brakes on turning iron ore into steel for buildings. The Baltic Exchange’s […]
Grain exports from Brazil and the US to the European Union have tripled since Russia’s de facto blockade of Ukraine’s ports in March, helped by high temperatures across the EU, […]
Ascot Insurance and broker Marsh have placed the first cargo war risk cover for humanitarian food shipments from Ukraine under a newly arranged policy. The insurance deal comes as there […]
The most recently released data as of August 21st shows that the daily coal burn rate at China’s six major coastal power plants has come in at 913,000 tons. This […]
