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Demolition age drops as the dry bulk market enters another challenging year
05 February 2016The dry bulk market faced a lot of headwind in 2015 as dwindling demand and over-supply created very unfavourable market conditions. 2016 has shown no improvements so far and prospects for the rest of the year are not looking promising. With poor earnings across the board the average scrapping age has dropped among all the dry bulk segments.
Georgia, Poti - Infrastructure
27 February 2018United Arab Emirates, Hulaylah Terminal - Port State Control Inspection
27 February 2018Chinese export container rates drop 27% as usual Lunar New Year cargo rush fails
04 January 2023The bad news for liner operators appears to have no end. In a normal year, the weeks leading up to Chinese New Year (CNY) bring an increase in volumes and freight rates. So far, however, the lead-up to CNY in 2023 has been the worst in 13 years.
Thursday Island charges effective 1 January 2016 issued by Far North Queensland Ports Corporation
06 June 2017Baltic Dry Index climbs to an all year high
24 June 2015The dry bulk market has been devastating so far in 2015. However, June has somehow reversed it all in less than three weeks if judged by the Baltic Dry Index (BDI).
Italy, Port of Gallipoli - Infrastructure
27 February 2018Chinese coal stocks reach record high as seaborne imports surge 73%
28 June 2023Despite China’s strategy of pursuing increased domestic coal production, which has meant that year-to-date production stands 5.8% higher than last year, its seaborne imports of coal have nevertheless surged 73% y/y so far.
Thursday Island charges effective 1 January 2017 issued by Far North Queensland Ports Corporation
06 June 2017Your message was sent successfully!
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