Iron ore trades sideways as investors await cues on fresh China stimulus
Iron ore futures held within a narrow range on Thursday as upbeat industry data from top consumer China lifted sentiment,…
China’s appetite for thermal coal driving up imports, prices
China is adding renewable energies such as wind and solar to its electricity grid at a record pace, but it…
Dry bulk freight market poised for fragmentation as environmental regulations reshape trends in supply
The dry bulk freight market is expected to become increasingly fragmented as decarbonisation regulations tighten and capex increases. Shifts in…
Dry Bulk Shipping Market: Slower demand growth pressures freight rates
BIMCO publishes Shipping Market Overview & Outlook reports towards the end of each month as follows: January, April, July, October…
Baltic index drifts lower as supramax hits over 8-month low
The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities eased on Thursday, as supramax…
Second Hand Capesizes in High Demand
Demand for second hand dry bulk carriers has been quite high over the few weeks, most notably for Capesizes. In…
Hengli Heavy breaks into very large gas carriers as shipyard doubles capacity
Reborn shipbuilder extends its vessel menu to fill its huge stomach
Activists Continue to Hound Ship Allegedly Carrying Explosives to Israel
For more than three months global activists have been hounding the cargo ship Kathrin alleging that the ship is transporting…
Royal Navy Disbands Autonomous Testing Team
The Royal Navy has disbanded its autonomous systems testing team and folded its functions into the fleet, ending a decade…
Ukraine Launches Drone Attack on Port of Berdyansk
On Thursday, Ukrainian forces hit the occupied port of Berdyansk with repeated drone strikes, resulting in unspecified damage. It is…