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 hits 15-month low as capesize rates dip
    by hellenicshippingnews... on 04/12/2024 at 10:00 pm

    The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a 15-month low on Wednesday, dragged down by lower capesize rates. The index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 57 points to 1,180 points, its lowest since Sep. 2023. The ...

  • Iron ore gains as China stimulus hopes outweigh worries of escalating trade tensions
    by hellenicshippingnews... on 04/12/2024 at 10:00 pm

    Iron ore futures prices gained on Wednesday as lingering expectations of fresh Chinese economic stimulus outweighed concerns over the escalation of trade tensions between the United States and China. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 0.43% higher at 812 yuan ($111.76) a metric ton. It touched ...

  • Baltic Dry Index falls to 1180 down 57 points
    by hellenicshippingnews... on 04/12/2024 at 2:00 pm

    Today, Wednesday, December 04 2024, the Baltic Dry Index decreased by 57 points, reaching 1180 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 ...

  • LNG traders divert cargoes from Europe to Asia as eastern demand strengthens
    by hellenicshippingnews... on 03/12/2024 at 10:00 pm

    Three liquefied natural gas (LNG) cargoes on course for Europe have been diverted to Asia to meet stronger Asian demand and as gas prices in Europe have eased, according to analysts and shipping data. The quick change in course reflects agility oftrading firms in sending LNG supplies to Europe or Asia, whichever pays, as colder ...

  • Dry Bulkers in High Demand
    by hellenicshippingnews... on 03/12/2024 at 10:00 pm

    There was a number of second hand deals in the S&P market last week, particularly in the dry bulk market. In its latest weekly report, shipbroker Xclusiv said that it was “another active week on the dry S&P market, with significant activity observed in the Capesize and Handysize sectors. The Scrubber fitted “K. Confidence” – ...

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