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Overall, it was a week of continuous improvement in the Handysize sector...
Brazilian exports of soybeans to China, by far their largest market, fell 13 percent in the first four months of 2019 versus a year ago...
Around 500kg of coal is required to produce one tonne of steel.
Two thirds of developing countries are dependent on commodities. Sub-Saharan is Africa hardest-hit, as 89% of countries there depend on commodities.
From the year-ago week coal departures were up by four.
The US says it has seized a North Korean dry bulk ship, accusing it of violating international sanctions.
The transoceanic iron ore market will run a deficit of at least 40 million tonnes in 2019, according to forecasts from the British consultancy CRU.
Capesize - The market continued its rollercoaster ride last week opening with negative sentiment, but turning around in dramatic fashion by the week’s end.
At the AGM to be held in London today, Bill Thomas, Chairman of Clarksons, made the following trading statement covering the period from 1 January 2019 to 8 May 2019.
China’s iron ore futures rose more than 4 percent on Tuesday, stoked by concerns over tight supply as Vale halted resuming operations at its Brucutu iron ore mining complex.
Warns of risks amid US-China trade conflict & Brexit
Capesize - The market last week was a tale of two halves, with substantial volatility.
Australia’s iron ore exports rebounded in April after being hit by a cyclone the prior month, but the surge in shipments wasn’t enough to offset declining volumes from Brazil...
Ships laden with Australian coal are continuing to experience extended waiting times and discharge delays at Chinese ports as China prepares to start its May Day holidays...
The eurozone economy regained some lost momentum at the start of 2019, offering fresh evidence of surprisingly resilient global growth amid lingering uncertainties about trade with...
China’s move to stifle coal imports from Australia is hurting its No. 2 supplier, with shipment figures showing the exporter conceding share in the world’s largest market.
International iron ore prices are forecast to rise 11.4 per cent in calendar 2019, buoyed by supply disruptions from key mines in Brazil and Australia and China’s fiscal stimulus
Coaltrans Poland- gathering the major consumers, producers and traders supplying Eastern Europe
China and India are the two most populous countries in the world with the respective headcount being 1.42bn and 1.365bn.
Supramax - With the onset of various holidays in the Asian sector next week, this basin saw more activity than the Atlantic this week
China will maintain a slowdown in coal imports from Australia until Beijing has assessed government policy in Canberra after federal elections in May