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Panamax

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Latest From Panamax

NYK wins long-term coal freight contract with Vietnam-based power plant

NYK has a new strategy of seeking to control exposure to volatile market conditions by maintaining and expanding long-term dry bulk freight contracts

Asia Pacific Dry Bulk

BDI continues upward momentum

The increase in rates could spur interest among owners to lock in gains by chartering their capes and panamaxes for longer periods of time, said one broker

China Dry Bulk

BDI bounces towards new highs

Capesize segment bustles on iron ore trade, while panamaxes are enjoying their run mostly from split stems from the capesize market

International Dry Bulk

Coal still finds home in China

Chinese coal imports on panamaxes have been especially strong in the second quarter into July, benefiting in particular from cape splits
China Dry Bulk

Panamax bulkers benefit from strong start to South American grains season

Ultramax bulkers are also expected to share some of the gains from the increased grains flows in the coming months

Dry Bulk Panamax

Dry bulk owners face an uncertain coal market

Colombian coal market to provide short-term support to capesize market, while Russian shipments to China to provide long-term aid to the embattled handysize and supramax segments

Asia Pacific Australia

Much lower iron ore trade growth to claim capesize earnings potential

London-based consultancy expects iron ore trade growth to sink to 0.1% in 2019 from expectations of 4.6% before the Brazilian dam disaster

International Dry Bulk

China’s soyabeans commitment offers relief to dry bulk sector

An additional 10m tonnes in exports would support the drawdown of the massive US soyabean stocks that have depressed prices for months, according to Arctic Securities

Dry Bulk Capes

China’s coal import restrictions might force a 3m-tonne drop in shipments

Wood Mackenzie estimates China’s seaborne metallurgical coal imports will fall by 3m tonnes in 2019 as a result of China’s coal import restrictions

Australia China

Vale closes distribution centre in Malaysia after fire

The unexpected shutdown will mean a reduction in exports to somewhere between 600,000 tonnes to 1m tonnes over 10 to 15 days, with the losses expected to be made up next month with bigger shipments, analayst Wood Mackenzie estimates

Malaysia Dry Bulk

Chinese coal import restrictions spell bad news for bulkers

The Baltic Dry Index has reached its lowest level in two-and-a-half years and was at 634 points on Monday as fixtures to China dried up

China Australia

Pacific coal trades lend support to panamax bulkers

Deutsche Bank sees mid-sized carriers outperforming other dry bulk segments on the back of strengthening coal trades in the Pacific basin combined with higher grains exports in the Atlantic

International Dry Bulk
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