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Latest From Mike King
Shippers in the northwest of the UK would prefer a local gateway if Asia services called at Liverpool
MSI predicts weak freight rates will see scrapping surge, but the forecast upturn in sub-capesize earnings in Q2 and Q3 will not be shared by the capesize market
Smaller regional carriers are particularly at risk from higher costs imposed by low-sulphur regulations
Carriers are expected to begin charging additional fees to share the cost burden of compliance from the third quarter onward
Key market India is diversifying its coal sourcing with Indonesia, South Africa and Australia now facing pressure from US exports
Iron ore imports may have peaked, while slowing manufacturing and economic headwinds could hurt bulk carrier demand this year, says BIMCO