What The Future Holds for The Drybulk Industry Amid Global Recession?

  • Rates for Capsizes are at the capacity of around 180,000 deadweight tons.
  • Prior to 2009, vast fortunes were made in dry bulk.
  • The largest cargo business in the world measured by volume.
  • The freight segment is measured with the most active derivatives market.
  • Capesize owners were predicted to profit from exhaust-gas scrubbers.
  • Global recession threatens steel demand, the driver of the seaborne iron-ore trade.
  • The collapse in oil prices erased the spread between high- and low-sulfur marine fuel.

https://mfame.guru/what-the-future-holds-for-the-drybulk-industry-amid-global-recession/

Iron Ore Production To Be Hit As Vale Looks for Corona Contingency Plans

According to an article published in the Share Cafe, the most potential question raised after Vale, raised the possibility of curbing or suspending iron ore shipments because of the growing threat of the COVID-19 virus, is how others like BHP, Rio Tinto and Fortescue Metals will do now?

Global Iron Ore Price Boost?

Certainly Vale’s surprise warning could very well boost global iron ore prices starting today. Iron ore was the only major globally traded commodity whose price rose in last week’s...

https://mfame.guru/iron-ore-production-to-be-hit-as-vale-looks-for-corona-contingency-plans/

Capesizes: Η Vale ίσως ξαναφέρει χαμόγελα

Σημαντική ανάπτυξη στη διά θαλάσσης προσφορά iron ore αναμένει για το 2020 η Wood Mackenzie, κυρίως λόγω της κανονικότητας που είναι πιθανό να επέλθει στις αποστολές από τη Vale.

Πιο συγκεκριμένα, η Wood Mackenzie εκτιμά ότι η αύξηση των εξαγωγών της Vale κατά 30 εκατ. τόνους σιδηρομεταλλεύματος καθ’ όλη τη διάρκεια του έτους θα πυροδοτήσει μια επιταχυνόμενη ανάκαμψη για τις διά θαλάσσης ροές από το α΄ τρίμηνο του έτους.

Υψηλόβαθμα στελέχη του οίκου παροχής συμβουλευτικών υπηρεσιών τονίζουν ότι,...

https://www.naftikachronika.gr/2020/01/23/capesizes-i-vale-isos-xanaferei-chamogela/