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Dry Bulk

Dry Bulk

Stay informed with the latest news, analysis, and market insight impacting the dry bulk sector through our expert coverage

Bulker congestion off China boosts dry bulk rates

About 5.5% of the dry bulk fleet, or 1 in 17 vessels, is caught up in congestion off China, Lloyd's List Intelligence data shows

Dry Bulk China International

Market Insight

Coal, control and congestion to shape dry bulk freight market

Port congestion has been particularly acute in northern China, where 314 bulk carriers are now tracked at anchor, up from 250 a month ago, awaiting to discharge at coal, ore, minerals or grain terminals, according to Lloyd’s List Intelligence data

Dry Bulk Capes

Fertiliser supply constraints spell sluggish demand for supras and handies

Restrictions on Chinese and Russian fertiliser exports may alter existing trade flows, as key buyers are forced to look for alternative sources, says analyst

China India

Pending panamax route changeover creates freight trading challenges

FFA sector’s reluctance to trade using the new contract stems from the unexpected gain in rates for all bulk carrier sizes over 2021

International Dry Bulk

Disruptions benefit dry bulk shipping, says operator

Precious chief says there are signs that economic activity is increasing, with a rise in tonne-mile demand

Thailand Dry Bulk

Anglo American aims for carbon neutral shipping by 2040

Miner says it is exploring a comprehensive framework of complementary sustainability measures — an approach that will be backed by regular and validated emissions performance reporting

Dry Bulk Sustainability

Easing capesize congestion adds to rates pressure

Besides a small unwinding of capesize congestion outside China, the market slump has been caused by a slowing in the world’s second-largest economy combined with lower exports of iron ore from Brazil. The forward curve is also currently leading sentiment in the physical market

Dry Bulk Capes

Capesize bubble bursts as daily rates drop 64% in three weeks

Weaker indicators out of China combined with lower iron ore volumes from Brazil and potentially Australia as the first-quarter approaches are providing short-term headwinds to the capesize market

Dry Bulk Capes

Dry bulk owners face uncertainty as Indonesia plans exports halt

It is not only dry bulk commodities that will be affected. Unprocessed palm oil is facing an export embargo, which will hit tankers

Indonesia Dry Bulk

Capesizes continue to slide

The recent rally was not driven by underlying fundamentals, says Breakwave Advisors, and the ‘bottoming process’ will continue over the coming weeks before a potential final uptick at the end of November

Dry Bulk International

Supramax market could erase gains

Average spot rates edged towards a record $40,000 per day on the Baltic Exchange on Thursday. They have since retreated by 1.1%

Dry Bulk Ultra and supras

China port congestion crucial to dry bulk rates direction as demand slows

Port congestion that has help propel bulk carrier rates to 13-year highs appears to be unwinding as China’s demand for bulk commodities slows

Asia Pacific China

Capesizes drop a further 10% in one day

Spot daily rates are heading towards the $50,000 mark for the first time since September 10, which is 20% lower than a week ago. But, despite lower iron ore shipments, tonnage remains tight

Dry Bulk Capes
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