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Dry Bulk Reporter
Inderpreet covers all vessel sizes in the dry bulk market ranging from valemaxes to handies. She writes analytical reports and market commentaries as well as annual and quarterly outlook, supply analysis, demand assessment and freight market coverage for Lloyd’s List. She has a keen interest in uncovering topics which impact the shipping industry.
Inderpreet contributes to the monthly magazine, The Intelligence and is also involved in other flagship projects like Lloyd’s List Top 100.
She also provides our in-depth coverage on Indian shipping industry and port-related developments in the nation.
Prior to joining Lloyd’s List, Inderpreet was a research analyst with Drewry Maritime Services covering the dry bulk market. She managed and authored Drewry’s flagship publications - Shipping Insight and Dry Bulk Forecaster. She has also been a member of the team advising on vessel valuations and port feasibility studies.
Inderpreet has a master’s degree in economics with a specialisation in international trade and is well versed with analytical platforms like SPSS and SAS.
Originally from India, Inderpreet relocated to Singapore in 2015 as she thought it would be nicer to count the capesizes while stuck in traffic.
When she’s not writing or tracking vessel movements, you can find her rolling through the town which offers plenty of food or revel in dancing to the beats of Bollywood songs.
Latest From Inderpreet Walia
For developing countries like India, steel is essential for growth and infrastructure development and ship recycling is one sustainable way to get steel without exploiting natural resources, according to Anand M. Hiremath, lead co-ordinator for cash buyer GMS’s sustainable ship and offshore recycling programme
If the supply side receives a dividend from the recycling of very old ships, slow steaming by the rest of the owners who are using low-sulphur fuel oil and forced downtime in dry docks for owners passing special surveys on ships older than 20 years means the market would further benefit from this shrinking pool of available ships, according to Precious Shipping managing director Khalid Hashim
Freight rates for panamaxes have been pushed up as available tonnage in the Atlantic region is limited. US Gulf and east coast South America are absorbing a great number of ballasters from the Asia-Pacific, while thickening sea ice in the Baltic Sea is further boosting rates
Pacific demand for Argentine wheat has dropped as Asian grain buyers shift to abundant Australian produce. In the first two months of the current export season, loadings from the South American nation only reached 3m tonnes, half as much as a year ago
A six-month time charter with further options and an Angolan tender for the second half of March should help revive some shipping interest, according to Gibson Gas
There are still about 46 bulkers that remain stranded in China’s anchorages with Australian coal because of the political spat, according to Lloyd’s List Intelligence vessel-tracking data. Of those waiting to offload cargoes, there are six panamaxes, 25 post-panamaxes and 15 capesizes