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Dry Bulk Shipping - China holds the key to a strong bulk market

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.

China Manufacturing PMI steadies

01 October 2014

The two measurements of Purchasing Manager Indexes (PMI) of Manufacturing both came in unchanged from the month before – unprecedented in itself, and only somewhat encouraging for the industries depending on continued expansion of the manufacturing sector.

Demolition report dated 6 October 2017

10 October 2017

Over the last few weeks, local steel plate prices have suffered near catastrophic declines in Turkey and to some extent China. This in turn seems to have had a knock on / negative effect on the sub-continent markets resulting in overall prices for ships gradually starting to decline below the historically impressive USD 400/LDT mark. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Sale & purchase report dated 10 July 2018

11 July 2018

The impact of the recently introduced requirements for vessel imports in China is already visible on the number of dry bulk deals, with a number of buyers moving to the sidelines for now and talk of failing deals heating up The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.

Sale & purchase report dated 3 July 2018

04 July 2018

The slowdown in dry bulk activity might be temporary given the recent announcement from the Ministry of Transport in China that as of September all vessels imported in the country should satisfy at least Tier II emission standards, which gives window of just two months to local buyers wishing to invest in vessels not satisfying the criteria. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.