The Breakwave Dry Bulk Shipping ETF (BDRY) ended this week up by 19%. Sentiment has now turned (arguably one week late) following the change in China that commenced two weeks […]
The Capes We’ve seen a war, soaring inflation and an unpredictable China. But what has been a considerably volatile year for the Capesize market, is soon coming to an end. […]
The capesize bulker market may get a near-term lift after China implemented less restrictive Covid-19 rules to boost its struggling economy, according to a market expert. The new policy will […]
Chinese coal and iron ore imports up MOM as zero-covid loosensAccording to Chinese customs authorities, Chinese coal imports came in at 32.3 MMT in November, up 10% MOM but down […]
Yesterday saw 5,046 new daily coronavirus cases reported in China which has marked the largest number of cases seen during the current surge and the second largest all year (the […]
Norway’s Hoegh Autoliners has been able to maintain freight rates at all-time highs despite a drop in non-car volumes. The Oslo-listed owner said its vehicle carriers transported 1.4m cbm of […]
CMA CGM reported a strong revenue of close to $20bn for the third quarter of 2022, up 30% from the same period of last year. The strong result was mostly […]
Mongolia opens new freight railway to China as countries develop trade ties Mongolia has opened a new 227km freight rail link from Zuunbayan to Khangi on the Chinese border for […]
Morgan Stanley has offloaded almost all its shares in Frontline, four days after passing the 5% threshold for ownership disclosures. A filing on Monday reveals that the US investment banking […]
Frontline may have delayed its third-quarter dividend due to its imminent tie-up with Euronav, but analysts are expecting huge payouts in the future. DNB Markets is projecting shareholder returns approaching […]
