Dry Bulk Shipping - The haunted dry bulk sector awaits positive demand impact from China and is beaten by supply growth in record territory. 13 June 2012 The dry bulk market is under immense pressure, as the retreating weight of China as the driver of the market is extensively felt. At a time when supply growth simply breaks new mind-blowing delivery records, the demand situation is pitching in a bit too. Currently, there are reports of Chinese customers in the steel industry that are refusing to honour their contract as prices drop, and stock piles are fuller than normal at a time when steel mills take their foot off the throttle following a red-hot production period in recent months. Market analysis Dry cargo
Dry Bulk Shipping: Poor freight rates despite strong demand growth from China 01 September 2016 Demand. The dry bulk commodity imports into and exports out of China we have seen in the first half of 2016 are very positive – and nothing short of extraordinary. But, putting it into perspective, compared to the devastating freight rate levels over the same period, it highlights that something is very wrong in the dry bulk market. The market is nowhere near balanced. Market analysis Dry cargo
China's import of iron ore to propel dry bulk shipping demand in 2017 19 April 2017 China's import of iron ore will continue to be a key driver for the demand growth in 2017 for the dry bulk shipping industry, alongside shipping of grains. Market analysis Dry cargo
Macro Economics: Demand supported by EU and US while China is creating uncertainty 08 October 2015 All eyes are on China in recent months as most other non-Chinese economic indicators have been dwarfed by the government’s actions and markets’ reactions. It is all of the things that we don’t know about the Chinese economy that is worrying, not the fact that the economy is in a transition phase which inevitably will drive down GDP growth and change import and export patterns. Market analysis Macro 2015
China’s manufacturing sector is struggling to keep up pace 24 March 2015 Data released today on the condition of the Chinese manufacturing sector points towards weaker business conditions. HSBC/Markit China Manufacturing Purchasing Managers’ Index (PMI) is coming down from a seven-months high in February ... Market analysis Container 2015
Is China’s steel exports enough to support the freight market? 21 August 2015 No, it’s not enough, you will need lower Chinese iron ore production too in order to keep growing imports of iron ore into China that will support the dry bulk freight market. Market analysis Dry cargo 2015
The People’s Bank of China initiates economic counterstrike 17 September 2014 The People’s Bank of China has quietly initiated a monetary counterstrike as the number of weak macroeconomic indicators mount. “From a shipping perspective, the news emerging from China is comforting". Market analysis
Key China indicator reveals sharp slowdown in industrial activity 15 September 2014 The slowdown in Chinese industrial production growth ads to the existing concerns that China is going through challenging times, as Beijing aims for a soft landing and a transition of the economy. Market analysis
Comforting sounds from China: GDP and Industrial Production 21 October 2014 The economic news from China this morning was somewhat comforting, but highlights the fact that economic activity in the world’s largest economy is certainly slowing down. Market analysis
Meet BIMCO at the World Shipping (China) Summit 2014 29 October 2014 The summit is first ever to be hosted in the inland and western region of China, on the upper reach of the Yangtse River. The 2014 Summit will focus on the theme of “Adapting to New Norms”.
