14 May 2014
Strong data from China support Capesize bulkers the most, as general market conditions slowly improve
16 June 2014
The recovery in the advanced economies continues to strengthen as fiscal consolidation is slowing down and investors are less worried about the debt situation. We have seen this with several southern European nations now being able to tap into the financial markets once again at interest rate levels signalling improved health.
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.
08 August 2010
10 August 2010
World growth is now projected at 4.6% in 2010. Relative to the April 2010 World Economic Outlook (WEO), this represents an upward revision of about ½ a percentage point in 2010, reflecting stronger activity during the first half of the year. At the same time, Eurozone downside risks have risen sharply amid renewed financial turbulence.
14 July 2010
Strong export figures from China prove that the global economy is out of the emergency room and has been moved into the recovery room
04 July 2010
China is still growing but at slowing pace according to latest PMI indices, which suggest a cooling of the manufacturing sector is ongoing
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.
16 May 2010
China is firmly back on the growth trend with PMI indices at pre-crisis level showing sustained growth in the manufacturing sector
11 December 2013
It is safe to conclude already that it has been another truly amazing year for Chinese iron ore imports. A growth rate of 10.8% for the first 11 months as compared to the same period last year is solid. Evident also from the freight rate development in the Capesize market, the last 5 months have been exceptional, with 17.8% y-o-y growth for July-November.