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 posts fourth weekly fall as capesize rates dropby hellenicshippingnews... on 20/01/2023 at 10:00 pm
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth straight week as rates for capesize vessels slumped. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 38 points, or about 4.7%, at 763 — its lowest in over ...
- Polycrisis to disrupt commodity supply and demandby hellenicshippingnews... on 20/01/2023 at 10:00 pm
A “polycrisis” of interrelated environmental, geopolitical and socioeconomic risks could have a profound effect on the supply of and demand for natural resources over the next ten years, according to a global risks report. “Severe commodity price shocks or volatility” was noted as a top five risk over the next two years in 47 countries ...
- Iron ore futures buoyed by China demand sentiment despite early-week slumpby hellenicshippingnews... on 20/01/2023 at 10:00 pm
Iron ore futures rose on Friday as continued optimism about an economic recovery in top steel producer China lifted demand sentiment, although they still posted weekly losses due to a slump in prices early in the week. The most-traded May iron ore on China’s Dalian Commodity Exchange ended day-time trade 1.8% higher at 865.0 yuan ...
- Baltic Dry Index falls to 763 down 38 pointsby hellenicshippingnews... on 20/01/2023 at 1:50 pm
Today, Friday, January 20 2023, the Baltic Dry Index decreased by 38 points, reaching 763 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
- Baltic index drops to fresh 2-1/2-year low on weaker capesize demandby hellenicshippingnews... on 19/01/2023 at 10:00 pm
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended losses on Thursday to a fresh two-and-a-half-year low, pressured by a dip in rates for capesize vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 73 points, or about 8.4%, at ...
Oil & Companies News – Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping
- Oil on track for second week of gains on China demand outlookby hellenicshippingnews... on 20/01/2023 at 10:00 pm
Oil prices were up on Friday and heading for a second straight weekly gain, spurred largely by brightening economic prospects for China and resulting expectations of a boost to fuel demand in the world’s second-biggest economy. The lifting of COVID-19 restrictions in China is set to increase global demand to a record high this year, ...
- Starmer says no new UK oil and gas fields under a Labour governmentby hellenicshippingnews... on 20/01/2023 at 10:00 pm
Britain’s opposition leader Keir Starmer said on Thursday there would be no investment in new oil and gas fields in Britain under a Labour government – a big change from current UK energy policies. Starmer said during a panel discussion at the World Economic Forum annual meeting in Davos that his party wanted to get ...
- Monetary policies and their impact on the oil marketby hellenicshippingnews... on 20/01/2023 at 10:00 pm
In early 2022, major central banks stepped up their monetary tightening measures in an effort to reign in increasing levels of inflation and recalibrate their overheating economies amid continued strong global economic growth. These tightening measures, in combination with the COVID-19 situation in China and the geopolitical developments in Eastern Europe, contributed to oil market ...
- ‘Discriminatory’ measures in U.S. Inflation Reduction Act still need addressing, top EU minister saysby hellenicshippingnews... on 20/01/2023 at 10:00 pm
The European Union still believes President Joe Biden’s Inflation Reduction Act discriminates against companies in the bloc, its top trade minister said. However, Valdis Dombrovskis told CNBC that the EU was engaged in ongoing negotiations with U.S. officials that had allayed only some of its concerns so far. He noted he met with U.S. Trade ...
- Alberta pursuing ‘corridors’ to coasts for new access to crude markets: energy ministerby hellenicshippingnews... on 20/01/2023 at 10:00 pm
The Alberta government is working on creating “economic corridors” to the Canadian and Alaskan coasts to further market access for its landlocked oil and natural gas resources and to circumvent regulatory hurdles blocking new pipelines, according to Pete Guthrie, the province’s energy minister. The corridors will have pre-approval for rail, utilities and crude oil and ...
