Shipbrokers have tallied secondhand sale and purchase (S&P) deals worth $22.5bn so far this year as tankers and bulkers prove particularly interesting to buyers. Clarksons Research tallies 337 oil carriers […]
Shipbrokers have tallied secondhand sale and purchase (S&P) deals worth $22.5bn so far this year as tankers and bulkers prove particularly interesting to buyers. Clarksons Research tallies 337 oil carriers […]
Reports that China is considering lifting its embargo on the imports of Australian coal could end up being negative for the bulker market, says Clarksons Platou Securities. According to Bloomberg, […]
Outbound sailings of commercial vessels from Russia to foreign ports are approaching levels recorded prior to the incursion into Ukraine. This comes despite a raft of sanctions designed to pressure […]
Data released today shows China’s coal production totaled 379.3 MMT in June. This is up month-on-month by 11.5 MMT (3%) and is up year-on-year by 56.1 MMT (17%). Coal-derived electricity […]
Shipping researchers believe 2023 could see a return to high newbuilding ordering levels in all vessel sectors. A new report by UK valuation platform VesselsValue and its Norwegian research subsidiary […]
Bulker futures moved higher on Thursday even though most segments of the dry bulk spot market dipped to their lowest level in five months. Forward freight agreement (FFA) data from […]
Supramax and ultramax bulker rates for lifting cargoes along the US Gulf Coast are rebounding thanks to lower vessel availability and growing coal exports, despite slumping spot market earnings in […]
Rio Tinto shipped more iron ore in the second quarter of 2022 but warned that uncertainties remain about China’s industrial activity due to the potential for on-going covid-19 outbreaks. The […]
China released official Q2 GDP figures today showing how damaging ongoing lockdowns have been to shipping’s most important economy. Output contracted by 2.6% between April and June compared with the […]
