Dry Cargo Archive

June 22nd 2017

The Growing Orderbook  Bigger than before

So far this year, we count 26 confirmed new orders for dry bulk vessels. This is a pretty derisory number and continues a trend running from the start of 2016,  since when orders for just 43 ships have been placed — easily the lowest 18 month total in the last 40 years. This is good news for those worried about future deliveries tipping the supply-demand balance in an unfavourable direction, but it is clearly not enough to keep the shipyards busy, even with an uptick in ordering in other vessel sectors.

May 25th 2017

China’s One Belt, One Road Initiative Yi Dai Yi Lu

Last week the ‘Belt and Road Forum’ was held in Beijing, attended by 30 heads of state and senior officials from the International Monetary Fund, World Bank and United Nations, to discuss China’s ‘One Belt, One Road’ initiative. We’ve had many questions on the topic and what it might mean for shipping so this week we take a cross-sector look at what we know so far and the key take-aways from the recent summit.

May 11th 2017

Queensland Port Congestion  After the storm

Cyclone Debbie made landfall in Queensland, Australia on March 28th, hitting the region’s coal mines and transport infrastructure. As a result, shipments from the world’s largest high quality coking coal region were severely disrupted. Via our monitoring of port congestion, we recorded a surge in the number of vessels waiting at anchor in the major Australian coking coal ports in recent weeks, having a knock-on effect on the market as a whole. As operations start to return to normal, we assess the initial impact and lasting effects on the market.

May 4th 2017

Policy Impacts on Freight Chinese economic policy is not all positive

Having reviewed some of the positive long-term economic and trade forecasts last week we take a look at the more immediate drivers of demand coming from China. This is timely given the way the freight market has been trending downwards and fears that the recovery over the past twelve months has been overdone. So do China’s macroeconomics still support the positive outlook for dry bulk we have been championing?


April 27th 2017

Economic Forecasts Global Growth

A number of major organisations have recently released updated forecasts for some of the key drivers for dry bulk freight. Not only is the overall growth trend positive, but in several cases growth forecasts have been revised upwards, indicating a degree of momentum behind the direction of the global economy and the demand side for shipping. So this week we present you key trends highlighted in some the economic reports we have been following. We’ve done the reading so you don’t have to…