Dry Bulk Market: Demand Ramping Up Bodes Well for Shipping

The dry bulk market is entering the final period of 2019 on a high note.

Baltic index rises for sixth session on uptick in panamax demand

The Baltic Exchange’s main sea freight index rose for a sixth-straight session on Thursday, holding near a 5-1/2 year high, supported by firmer panamax and supramax demand.

IMO 2020 to cause one-off oil demand surge before market adjusts: OPEC

Tighter global shipping pollution regulations from 2020 will lead to a temporary surge in oil demand while...

China LNG demand seen up by 25 pct in 2018 -Qatar energy minister

China’s demand for liquefied natural gas (LNG) is expected to grow by 20 percent to 25 percent in 2018...

Japanese shipbuilders cut fiscal 2018-19 steel demand forecast on lower orders

The Shipbuilders Association of Japan has reduced its steel demand forecast for the 2018-19 fiscal year...

Container shipping: Solid demand growth reduces spot rate volatility

As freight rates are coming back from the abyss, their actual rise seems to be magnified beyond their actual performance. Some container spot freight rates are up more than 100% from the very low levels of last year, but may still be at a loss-making leve

Dry bulk shipping: Strong demand improves market as it exceeds high fleet growth

A critical work of balance has been going on in the dry bulk market for quite some time. In its latest short-term outlook of the dry bulk market, issued yesterday, BIMCO said that should demolition fall short by 5m DWT, fleet growth will jump to 3.4%.