Chinese Oil Tankers Are Being Booked Again, But Surging Prices Will Stay High

Chinese Oil Tankers Are Being Booked Again, But Surging Prices Will Stay High

Dry Bulk Market: Chinese Iron Imports a Bright Sign

Despite the trade wars and the contraction of the Chinese economy’s growth rate, dry bulk owners could rejoice in the knowledge that the dry bulk market remains largely unaffected.

Top 14 yards retrofitting scrubbers are all Chinese

Latest data from Clarkson Research Services shows that the top 14 yards handling the most amount of scrubber retrofits are all Chinese, and reports of growing delays in getting the exhaust gas cleaning systems installed in funnels are correct.

Chinese ship inches closer to Vietnam coastline amid South China Sea tensions

A Chinese survey vessel on Saturday extended its activities to an area closer to Vietnam’s coastline, ship tracking data showed, after the United States and Australia expressed concern about China’s actions in the disputed waterways.

Chinese firms lift Australian coal orders, as curbs tipped to end

Chinese private power companies have started to buy contracts for Australian thermal coal, which could signal an end to China’s import restrictions that have sent prices plummeting.

A Chinese punch on Panamaxes

China’s decision to restrict its coal imports in 2019 below 2018 levels will dent demand for Panamaxes, but an ongoing tussle with Australia could be the silver lining.

Strong Chinese Oil Imports Could Offer Boost to the Tanker Market

After a dismal 2018, tanker owners could harbor further hope for a freight rate market revival, as China’s thirst for crude oil imports is stronger than ever.