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Dry Bulk
Will greater LNG demand lead to the death of coal?
A 5% decline in thermal coal equates to just over 1% of total dry bulk demand, Stifel analyst Benjamin Nolan estimates
Converted VLOCs will soon be a distant memory
The fleet exit will have a limited impact on the overall capesize market, which has seen tonnage grow more than demand to transport iron ore
Market Insight
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Latest From Capes, Handies, Panamax & Ultra and supras
Will greater LNG demand lead to the death of coal?
A 5% decline in thermal coal equates to just over 1% of total dry bulk demand, Stifel analyst Benjamin Nolan estimates
Indonesian coal cargoes boost supramax rates
Average daily earnings have almost doubled since the beginning of the year on two routes to Indonesia that contribute to the Baltic Supramax Index
Vale reopens Malaysian terminal
Operations at the facility had been halted since March 16 as the Malaysian government started imposing lockdown orders on March 18
Equity Watch
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Latest From Diana Shipping Inc, Golden Ocean, Safe Bulkers, Scorpio Bulkers & Star Bulk
Diana ready to ‘play defence’ as dry bulk market tips into uncharted territory
Options include selling more ships, say executives, pointedly playing down any prospects of a recovery in six months’ time
Star Bulk shareholders approve Oslo delisting
Nasdaq-listed dry bulk owner has cited ‘limited benefits’ from secondary exchange as trading in Norway falls short of hopes
Scorpio Bulkers says asset values now ‘at the bottom’
The company is more confident about an improving market and would like to keep its vessels in the spot market
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