Dry bulk and Oil Segments by Hellenic Shipping News Worldwide
Why know about different segments?
Knowing what is happening in different segments of shipping gives industry specialists an edge in negotiations. Certain kinds of news from countries that rely on each other for energy or other resources can often have a profound influence on overall global economics.
Dry Bulk Market – Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping
- Baltic Index Down on Lower Capesize Ratesby hellenicshippingnews... on 18/03/2025 at 10:00 pm
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, eased on Tuesday for the second straight session on lower capesize rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, slipped 8 points to 1,650 points. The capesize index (.BACI) fell 54 ...
- Dry bulk likely first shipping victim of turbulent tariffs landscapeby hellenicshippingnews... on 18/03/2025 at 10:00 pm
The shipping industry faces mounting pressure as the US, China, Canada, and the EU engage in reciprocal tariff measures, with dry bulk carriers likely to be the first sector impacted as markets grapple with volatility. The prevailing sentiment appears to be uncertainty. Freight rates for dry bulkers have started to firm but other shipping sectors ...
- China’s steel and iron ore swing between hopeful outlook and grim realityby hellenicshippingnews... on 18/03/2025 at 10:00 pm
China’s iron ore and steel sectors are caught between expectations that conditions are about to improve and the reality that much of the current data is fairly soft. The raft of data on Monday underscored this dynamic, with the National Bureau of Statistics reporting declines in China’s property prices, investment and sales. January–February data showed ...
- Iron ore range-bound as China’s property woes counter resilient steel demandby hellenicshippingnews... on 18/03/2025 at 10:00 pm
Iron ore futures were range-bound on Tuesday, as investors balanced the ongoing weakness in China’s struggling property market with the sustained demand for the key steelmaking ingredient, supported by stronger steel margins. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 0.58% lower at 777 yuan ($107.45) a metric ...
- Baltic index snaps seven-session winning streakby hellenicshippingnews... on 17/03/2025 at 10:00 pm
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell on Monday to snap a seven-session winning streak on weaker capesize rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 11 points at 1,658 points. The capesize index fell ...
Oil & Companies News – Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping
- Russia’s Gazprom Neft ready to raise oil output under OPEC+ deal, CEO saysby hellenicshippingnews... on 18/03/2025 at 10:00 pm
Gazprom Neft (SIBN.MM), opens new tab is ready to raise oil output from April under the OPEC+ agreement, the head of the Russian oil producer said on Tuesday. The company does not plan to reduce oil refining in 2025 after a record refining volume in 2024, Alexander Dyukov, the CEO, added. Gazprom Neft has been ...
- Fitch Ratings Increases Near-Term Gas Price Assumptions, Oil Prices Unchangedby hellenicshippingnews... on 18/03/2025 at 10:00 pm
Fitch Ratings has raised its TTF gas price assumptions for 2025 and Henry Hub assumptions for 2025-2026, reflecting year-to-date prices, the cold winter this year, and tighter supply and demand. Oil prices and mid-cycle gas assumptions are unchanged. We have added price assumptions for 2028 to the set. We have kept all oil price assumptions ...
- Africa: Region struggling to market its oil and gas projects to investorsby hellenicshippingnews... on 18/03/2025 at 10:00 pm
Tanzania’s efforts to lure investors to its upstream oil and gas prospects have received lukewarm reception over the past four years, raising concerns even as peers in the region auction more blocks. And as the country prepares to auction 26 offshore blocks in May, some energy experts are blaming snail pace progress on the $42 ...
- Kazakhstan removes energy minister amid tensions with OPEC+, oil majorsby hellenicshippingnews... on 18/03/2025 at 10:00 pm
Kazakhstan’s energy minister will stand down from his role, the country’s presidential office said on Tuesday, as the government struggles to convince U.S. and European oil companies to lower production that exceeds OPEC+ targets. Almasadam Satkaliyev will become the head of the country’s newly created atomic energy agency, the presidential office said in a decree ...
- Westwood Insight – Deferred well P&A could add $5.5bn to UK decommissioning billby hellenicshippingnews... on 18/03/2025 at 10:00 pm
Political and fiscal uncertainty has undermined investor confidence in the UK oil and gas industry. Production is in decline, progression of new field developments has stalled, and exploration activity is at an all-time low. 22 fields ceased production in 2024 and 40% of fields that are currently producing or under development could cease economic production ...