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Monday, 08 September 14
CHINESE IRON ORE IMPORT DEMAND VERY STRONG - COMMODORE

COALspot.com: 30 dry bulk vessels were chartered in the spot iron ore market last week to haul iron ore import cargoes to Chinese buyers.

According to Commodore Research & Consultancy of U.S. 30 dry bulk vessels are a very large amount.

" As we have highlighted in the past, there were only four weeks in 2013 where 30 or more vessels were chartered and only two weeks in 2012", according to Commodore Research & Consultancy. 

In its latest weekly report, Consultant Commodore Research said, so far this year, though, there have been seven weeks were 30 or more vessels have been chartered to haul iron ore import cargoes to Chinese buyers.

Going forward, Brazilian and Australian iron ore production (and shipments) are set to rise even further through the end of this year, and there will be several additional weeks where a very large amount of dry bulk vessels are chartered to haul iron ore import cargoes to Chinese buyers, Commodore Research concluded.



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Sunday, 24 August 14
SEA FREIGHT MARKETS STARTING TO LOOK POSITIVE; CAPES DRIVE FREIGHTS HIGHER
COALspot.com: The freight market has strengthen further this week with BDI up 7.19 pct week on week. The BDI was closed at 1,088 points while the B ...


Friday, 22 August 14
INDIAN IRON ORE ROYALTY RISE NOT LIKELY TO HURT STEELMAKERS' MARGINS - FITCH
Fitch Ratings does not expect an increase in India's iron ore royalty rates to have a major impact on the profitability of steel producers in t ...


Friday, 22 August 14
ARBITRATION CLAUSE IN LOU HELD TO REPLACE CHARTERPARTY ARBITRATION CLAUSE
KNOWLEDGE TO ELEVATE The Claimants had claims for cargo damage against the vessel Owners arising under four bills of lading. The vessel was th ...


Friday, 22 August 14
ICAP ENERGY LAUNCHES GLOBAL COKING COAL DERIVATIVES TRADING
First contract completed and cleared on CME COALspot.com: ICAP Energy, the energy business of ICAP plc, announces today that it has successful ...


Friday, 22 August 14
U.S WEEKLY COAL PRODUCTION UP 2.4% WEEK OVER WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 19.60 million short tons (mmst) of coal in ...


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