The capesize bulker market has been on a downward trend for weeks as China’s real estate troubles continue and port congestion eases, but it should turn around if one thing […]
With average capesize earnings collapsing below $10,000 per day for the first time in more than six months, owners of ageing vessels are considering offloading their oldest ships for demolition. […]
Regional container specialist SITC International has doubled profits on the back of soaring freight rates in the Asian feeder trades. The Hong Kong-based feeder operator bagged $1.17bn in profit in […]
Western Bulk Chartering has had its best start to the year since it was founded in 1982 but expects demand for dry-cargo shipping to suffer during the rest of this […]
The most recently released data as of August 14th shows that the daily coal burn rate at China’s six major coastal power plants has come in at 923,000 tons. This […]
With barely four months to go until the introduction of new carbon reduction legislation, it remains unclear how container shipping will be affected. The answer to the question depends on […]
Production data for July shows slowing steel production hampering iron ore import demand, while immense coal production continues to support energy costs as evidenced with thermal electricity production ramping up. […]
It is finally happening, but slowly. The grain trade in Ukraine is grinding into life with support from big traders and aid cargoes that will make their way to countries […]
After much more favorable growing conditions this season, Brazil’s corn exports look set to bounce back strongly from last year’s drought ravaged figure of just 20 MMT; though unlikely to […]
The European sanctions have now taken full effect on Russian coal as of Thursday, something analysts are confident will have a positive effect on the global dry bulk tonne-mile picture. […]
