WEBThe resilient grain trade in 2023. Drewry expects the demand for dry bulk commodities to increase by % q/q in the fourth quarter of 2023, supported by the resilient grain trade, which is forecast to expand by % in 2023 due to increased grain exports from Russia, Canada, Brazil and Australia. While in the second quarter of 2023, Drewry ...
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WEBSep 6, 2023 · If India continues to successfully boost domestic supplies, it could accelerate the decline in global coal shipments in 2024. Based on estimates from the United States Department of Agriculture, we estimate grain shipments to fall between % and % in 2023 and to recover between 3% and 4% in 2024. In 2023, maize exports are expected .
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WEBAug 16, 2022 · Chinese steel production — which supports iron ore and coal imports — fell to 907 million tons in July, down 6% from June, according to the World Steel Association. The hope in dry bulk shipping circles is that China will unveil a major stimulus plan in the second half to offset economic hits from lockdowns and the real estate crisis.
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WEBChina's raw coal output posted stable expansion in December 2022, official data showed. The country produced 400 million tonnes of raw coal in December, up percent year on year, according to ...
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WEBAt the same time China has also turn its eyes to Russia and the Northern Sea Route for coal cargoes. During April China imported 400,000 tonnes of coal, a decrease of 40% compared to a year ago ...
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WEBJan 10, 2024 · Despite these trends, there was a surprising uptick in coal demand in midDecember, rising by % in 2023 and exceeding billion metric tons for the first time,as per IEA estimates. The agency attributed this increase to an anticipated 8% growth in coal usage in India and a 5% rise in China.
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WEBJune has marked the seventh straight month where China has not imported any Australian coal. China imported 17 million tons of coal from Indonesia in June, which is up monthonmonth by million tons (52%) and up yearonyear by million tons (57%). China imported million tons from Russia, which is up monthonmonth by 200,000 tons (4 ...
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WEBOct 26, 2021 · In the first nine months of the year, Chinese coal imports are down by % compared to the same period in 2020. The deficit in volumes compared to last year are however narrowing and have been doing so every month since April. In fact, imports in September of marked the highest monthly exports since December 2020 when .
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WEBFeb 22, 2024 · In BIMCO's base scenario for the dry bulk sector as a whole, meanwhile, the shipping organisation expects cargo demand to grow by 01% in 2024 and % in 2025. Average sailing distances are ...
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WEBAllowing inflows from Australia, which make up about 30% of global coal exports, the biggest followed by top supplier Indonesia, will ensure China has enough options after Russia's invasion of ...
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WEBJul 24, 2013 · Dry bulk shippers have struggled mightily in recent years. Dry bulk shipping rates bottomed in with rates below operational costs.
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WEBOct 9, 2023 · Many sources said that persistent inefficiencies along with adverse weather would result in tighter tonnage supply and keep dry bulk rates supported. Coal may power Q4 freight rates. China's restocking of coal ahead of the winter season was anticipated and that might propel shipping rates in Q4, according to market participants.
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WEBApr 22, 2024 · The Baltic Exchange has released its latest update on the dry bulk shipping market which indied positivity across all bulk carrier classes. ... Increased coal demand from East Australia to China and weather conditions impacting operations in China drove a surge in rates. Throughout the week, all three major miners remained active in the ...
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WEBDec 17, 2013 · Taking in 23 shipping routes measured on a time charter basis, the index covers Handysize, Supramax, Panamax, and Capesize dry bulk carriers carrying a range of commodities such as coal, iron ore and grain.
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WEBDec 1, 2023 · The Baltic Exchange's dry bulk sea freight index gained for the sixth consecutive session on Thursday, more than doubling in November to hit an oneandahalf year peak helped by mounting supply of tonnage and cargo demand. The overall index, which factors in rates for capesize, panamax, supramax shipping vessels, was up 241 .
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WEBJan 8, 2024 · After a disappointing year the dry bulk market pickedup in the last two months of ... Dry bulk shipping market outlook for 2024. ... we think China's coal imports are best or be flat next year ...
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WEBIndonesia, which sells much of its coal to China under annual supply contracts, remained China's biggest supplier. It exported million tons to China in 2023, up 29% from 2022.
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WEBCOSCO SHIPPING Bulk is one of the largest and leading dry bulk shipping companies in the world. Fully utilizing this strong foundation and framework, COSCO SHIPPING Bulk (North America) serves the dry bulk shipping market within the Americas including the US, Canada, Mexico, Colombia, Venezuela, Brazil, Uruguay, Argentina, Peru and Chile. .
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WEBJul 6, 2023 · Register Now. The Platts Capesize T4 Index, a global tonmile weighted average index of four Capesize routes, stood at an average of 14,481/d in Q2, down from an average of 17,848/d in Q2 2022, SP Global Commodity Insights data showed. Similarly, the Platts KMAX9 Index, a global tonmile weighted average of nine Panamax .
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WEBWe are Dry bulk shipping specialist, for the transport of dry bulk cargo like coal, minerals, steels, iron ore, logs, sands, grains, livestock feed (tapioca, PKE, copra meal) and bulk biomass ... Major exporters of steel products are China, Japan, Russia and Western Europe. Handymax and Handysize vessels are typically preferred for transporting ...
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WEBChina's imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this year led to increased shipments of international coal.
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WEBin Dry Bulk Market,Hellenic Shipping News 07/07/2023 T he dry bulk market's main themes are revolving around China's emergence as a major coal importer and Ukraine's grain exports.
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WEBApr 30, 2021 · Dry Bulk Q1 commentary. • Q1 period rates for bulk carriers have increased across the board, capesize rates are up 42% compared to the same period last year. However, the smaller sizes have seen the biggest jump in rates with handysize timecharter rates for oneyear almost doubling year on year to an average of .
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WEBNov 24, 2020 · SHIPPING. In Dry Bulk Shipping, the extended lull was finally broken as freight rates race upwards from the increased coal shipments from east Kalimantan to China, sources said. "Due to strong demand for coal, the time charter market for vessels from end November to the beginning of December was highly sought after,"a ship .
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WEBNov 1, 2016 · 1. Backgrounds. Dry bulk shipping market is an important part of international shipping market. At the end of Aug, 2015, the total deadweight tonnage of the world dry bulk shipping fleet is million dwt, equivalent to % of the world's shipping fleet in dry bulk shipping market has witnessed .
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WEBBetween 2019 and 2021, China's coal imports from Australia fell to zero, according to a report released by the AustraliaChina Relations Institute of the University of Technology Sydney in December.
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WEBJun 3, 2024 · Singaporelisted Cosco Shipping International reported a net profit of million for H1 2022. Cosco Shipping International Singapore blamed the dumping of a 60% stake in the company's dry bulk shipping subsidiary in December 2021.
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WEBJun 3, 2024 · A Chinese dry bulk shipowner in Fuzhou acquired the 2005 built postpanamax bulk carrier 91K DWT MV Duke Orsino (exMV Shiramizu) for around 11 million. 2005 built postpanamax bulk carrier 91K DWT MV Duke Orsino (exMV Shiramizu) was sailing in the fleet of Japanese shipowner and operator NYK Bulk (Nippon Yusen .
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WEBOn 1 September 2021, 674 dry bulk ships had been waiting in China for two days or more. On the same day in prepandemic 2019, only 287 dry bulk ships had been waiting this long (source: Oceanbolt).
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WEBFrom Asia, a 56,000dwt was fixed for a trip from Singapore to China at 17,000, whilst a 63,000dwt was heard to have been fixed delivery Japan for a NoPac round redelivery Southeast Asia in the ...
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