China’s reported loosening of zero-Covid-19 policies to boost its economy has breathed some near-term optimism into the capesize bulker sector. But the country’s real estate industry will truly determine its […]
Much needed rains improve outlook for Argentine soybean crop • Rainfall in drought-stricken Argentina has improved the outlook for the country’s soybean crop, with around half of soy planting areas […]
Amid lackluster interest from alternative buyers that remain uncertain of the market outlook, Greece’s Vafias clan acquired their fourth capesize bulk carrier since early November. According to several brokers and […]
Eagle Bulk Shipping appears to be sticking to the segment it knows best, with brokers linking the US shipowner to a deal that would be its second secondhand ultramax purchase […]
Brief update on movements in the Chinese steel, iron ore, and coal markets. The average price of hot rolled coil ended last week at approximately 4,275 yuan/ton. This is up […]
The orderbook is ever evolving but one of the features of 2022 has been the phasing out of VLOC’s following the delivery of the last 325,000 DWT Guibamax in September. […]
China’s plans to form the world’s largest iron ore buyer may allow the country to get lower prices for the commodity someday, but they should not have much of an […]
Coal stockpiles at India’s power plants have risen to approximately 31.9 MMT. This is up by 800,000 tons (3%) from the previous week and is up year-on-year by 10.7 MMT […]
The Panamaxes and geared fleet Following last week’s review of the Capesize market we look at how the Panamax and geared vessels have fared during what has been an eventful […]
Data released this week shows that China’s electricity production in November totaled 666.7 billion kilowatt hours. This is up month-on-month by 5.7 billion kilowatt hours (1%) and is up year-on-year […]
