Mega-infrastructure projects: I am very sceptical about the mega-projects that are supposed to take place in the Middle East. I take this opportunity to invite you to connect with me on LinkedIn, as I have published long articles on the current geopolitics of the Red Sea. Today I will just say...
One of the standout commodity stories so far this year has been China’s demand for thermal coal, with the world’s largest importer seeing record shipments arriving in the first half. China’s imports of thermal coal from the seaborne market, used mainly to generate electricity, were 168.73 million...
https://www.hellenicshippingnews.com/chinas-run-of-robust-thermal-coal-imports-may-ease/
China saw an impressive rebound in crude imports last year, driven by the country’s post-Covid economic recovery. However, the picture Source: GIBSON SHIPBROKERS LTD
https://www.hellenicshippingnews.com/gibson-tanker-report-is-chinas-crude-craze-over/
Asia’s market for very low sulphur fuel oil (VLSFO) logged a weekly climb, while downstream bunker premiums received an uplift after being trapped in a tight range for over four months. Singapore premiums for delivered VLSFO bunker fuel breached $16 per metric ton this week, with support coming...
Tokei Kaiun have committed their Capesize “Cape Mathilde” 178/2010 Mitsui, Japan (SS/DD 11/2025, BWTS fitted) to Chinese interests at region Source: Advanced Shipping & Trading S.A.
The European Public Prosecutor’s Office (EPPO) in Nicosia (Cyprus) has opened an investigation into a project for a liquefied natural gas (LNG) import terminal in Cyprus, on suspicion of procurement fraud, misappropriation of EU funds and corruption. The project aims to create an entry point for...
The container charter market has turned more quiet in the past fortnight, with the traditional summer lull in the Northern hemisphere, and Source: Verband Hamburger und Bremer Schiffsmakler e.V
U.S. investors continued to pump money into equity funds in the seven days to July 24, shrugging off a technology sector selloff to focus on robust corporate earnings and the possibility of upcoming Federal Reserve interest rate cuts. According to LSEG data, investors acquired U.S. equity funds...
https://www.hellenicshippingnews.com/us-equity-funds-attract-inflows-defying-a-tech-selloff/
Most regions saw equity inflows in the week to Wednesday, led by emerging markets and the U.S., Bank of America Global Research said, as investors brought forward expectations for Federal Reserve rate cuts due to softer data. There were$22.2 billion of equities inflowsin the latest week, BofA said...
https://www.hellenicshippingnews.com/equities-bonds-draw-inflows-in-latest-week-bofa-report-says/
GDP and inflation beat expectations We’ve had a pretty solid set of US activity numbers today, but it isn’t having a major impact on market expectations for rate cuts, which are increasingly being seen as a done deal. GDP grew an annualised 2.8% in second quarter 2024, a little above our 2.5%...