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Dry Bulk
Closure of Indian mines to drive new demand for iron ore trade
India will have to import at least 10m tonnes of iron ore next year to meet its domestic demand
Russia key to global seaborne coal market
By 2040, Russia is expected to overtake Indonesia as the biggest exporter of coal, as the Southeast Asian country’s thermal coal production stagnates, according to the International Energy Agency
Market Insight
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Latest From Capes, Handies, Panamax & Ultra and supras
Closure of Indian mines to drive new demand for iron ore trade
India will have to import at least 10m tonnes of iron ore next year to meet its domestic demand
Fundamentals trip up dry bulk market yet again
While earnings have remained at healthy levels moving into the final quarter of the year, this has little to do with market fundamentals, says BIMCO
India commissions new iron ore terminal at Paradip port
The high load rate is expected to significantly reduce the preberthing delays at Paradip port
Equity Watch
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Latest From Diana Shipping Inc, Golden Ocean, Safe Bulkers, Scorpio Bulkers & Star Bulk
Diana set to continue shedding older tonnage
Greek bulker owner is not in growth mode and will continue stock tenders until share price reaches satisfactory level
Performance Shipping buys third aframax
Chief executive Simos Palios makes $11m further investment in Nasdaq-listed company through stock remuneration for his downpayment on 12-year-old Zodiac tanker
Fredriksen’s Seadrill decision signals billionaire’s exit strategy preparations in play
This year Mr Fredriksen has been selling off stakes, reducing his workload and reorganising his remaining holdings to leave a self-sustaining legacy
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