Dry Bulk and Oil Segments

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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 gains on higher capesize rates
    by hellenicshippingnews... on 26/07/2021 at 9:00 pm

    The Baltic Exchange’s main sea freight index rose for a fourth straight session on Monday, helped by higher demand for capesize vessels. The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 11 points, or 0.3%, to 3,210. The capesize index added 35 points, or nearly 1%, ... The post Baltic index gains on higher capesize rates first appeared on Hellenic Shipping News Worldwide.

  • China’s iron ore imports are boosting Australia’s economic recovery
    by hellenicshippingnews... on 26/07/2021 at 9:00 pm

    Prior to the pandemic, Australia’s relationship with China was at times strained, but generally uneventful. Despite Beijing giving federal cabinet the silent treatment on multiple occasions, the flow of trade between Australia and China continued relatively unimpeded. But in the more than 18 months since the pandemic sent Wuhan into the world’s first Covid-19 induced ... The post China’s iron ore imports are boosting Australia’s economic recovery first appeared on Hellenic Shipping News Worldwide.

  • Iron ore futures snap five-day slump as China steel margins recover
    by hellenicshippingnews... on 26/07/2021 at 9:00 pm

    Dalian and Singapore iron ore futures rebounded on Monday after a five-day slump, due to a recovery in steel margins in China, the world’s biggest buyer of the steelmaking ingredient. The most-traded September iron ore on China’s Dalian Commodity Exchange DCIOcv1 ended daytime trading 0.9% higher at 1,136.50 yuan ($175.22) a tonne. Dalian iron ore ... The post Iron ore futures snap five-day slump as China steel margins recover first appeared on Hellenic Shipping News Worldwide.

  • Baltic Dry Index climbs to 3210 up 11 points
    by hellenicshippingnews... on 26/07/2021 at 12:50 pm

    Today, Monday, July 26 2021 , the Baltic Dry Index climbed by 11 points, reaching 3210 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 ... The post Baltic Dry Index climbs to 3210 up 11 points first appeared on Hellenic Shipping News Worldwide.

  • Dry Bulk: Market Lacks Strong Upward Momentum
    by hellenicshippingnews... on 25/07/2021 at 9:00 pm

    Capesize The market drifted sideways lacking a strong directional lead most of the week, with gains towards the end the 5TC average settling at $32,469 to close the week, up almost $4,000. Looking closer at the regional feel the Transpacific C10 fortunes were on the rise this week lifting over $11,300 to $38,763, while the ... The post Dry Bulk: Market Lacks Strong Upward Momentum first appeared on Hellenic Shipping News Worldwide.

Oil & Companies News | Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping

  • Texas power grid sees record-breaking demand during heatwave
    by hellenicshippingnews... on 26/07/2021 at 9:00 pm

    The Texas power grid operator on Monday forecast demand would reach a record high over the next week as homes and businesses crank up their air conditioners to escape a heatwave settling over the state. High temperatures in Houston were expected to reach 97 degrees Fahrenheit (36 degrees Celsius) on Monday, according to AccuWeather. Although ... The post Texas power grid sees record-breaking demand during heatwave first appeared on Hellenic Shipping News Worldwide.

  • In 2020, the United States produced the least CO2 emissions from energy in nearly 40 years
    by hellenicshippingnews... on 26/07/2021 at 9:00 pm

    In 2020, as the country responded to the COVID-19 pandemic, CO2 emissions from energy consumption in the United States fell to the lowest level since 1983. The 4.6 billion metric tons (Bmt) of CO2 emitted in 2020 was an 11% decrease from 2019, the largest annual decrease on record, according to our Monthly Energy Review. ... The post In 2020, the United States produced the least CO2 emissions from energy in nearly 40 years first appeared on Hellenic Shipping News Worldwide.

  • What to expect as Big Oil reports second-quarter earnings
    by hellenicshippingnews... on 26/07/2021 at 9:00 pm

    Oil and gas majors are likely to report bumper second-quarter earnings in the coming days, energy analysts have told CNBC, following a brutal 12 months by virtually every measure. The expected upswing would build on a surprisingly strong showing in the first quarter and lend further support to the oil and gas industry’s efforts to ... The post What to expect as Big Oil reports second-quarter earnings first appeared on Hellenic Shipping News Worldwide.

  • JP Morgan top M&A financial adviser in oil & gas sector for H1 2021, finds GlobalData
    by hellenicshippingnews... on 26/07/2021 at 9:00 pm

    JP Morgan emerged as the top financial adviser for mergers and acquisitions (M&A) by both value and volume in the oil & gas sector for H1 2021, having advised on 18 deals worth US$66.7bn. A total of 802 M&A deals were announced in the sector during H1 2021, according to GlobalData, a leading data and ... The post JP Morgan top M&A financial adviser in oil & gas sector for H1 2021, finds GlobalData first appeared on Hellenic Shipping News Worldwide.

  • ExxonMobil, SABIC reach mechanical completion for Gulf Coast Growth Ventures derivatives
    by hellenicshippingnews... on 26/07/2021 at 9:00 pm

    ExxonMobil and SABIC announced today that their joint venture, Gulf Coast Growth Ventures located near Corpus Christi, Texas, has reached mechanical completion of a monoethylene glycol unit and two polyethylene units. Project startup is expected to begin ahead of schedule, likely in the fourth quarter of 2021. “Gulf Coast Growth Ventures is a key development ... The post ExxonMobil, SABIC reach mechanical completion for Gulf Coast Growth Ventures derivatives first appeared on Hellenic Shipping News Worldwide.

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