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Shipping Decarbonization Weekly Insights
Latest Trends on fuel transition, shipyard actions, government, ports, financing and industry players
The green corridors’ concept is now emerged with further dynamism with Singapore, one of the world’s most important transshipment hubs, announcing its decision to sign up to the Clydebank Declaration, a shipping green corridor movement first announced during COP 26 in Glasgow last November.
Large Number Of Coal Mine Deaths In China Recently
Coal production growth in China continues to fare much better
As we discussed in a special note sent to our clients last month, what has been going somewhat quietly under the radar recently has been that a large number of accidents and deaths have occurred at Chinese coal mines in recent weeks. This has been coinciding with the government's push to significantly increase domestic coal production.
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Signal Dry Bulk Weekly Report
Snapshot of Spot Freight Rates, Supply-Demand Trends, Port Congestions
Dry bulk freight rates have sustained a weaker momentum for the first half of April, while the demand ton-days growth continues to decrease, but is expected to recover once Covid-19 cases in China start to calm down.
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Seaborne Coal Due For A Shakeup
European buyers have another four months to find alternative supplies
The European Union formally adopted the fifth package of sanctions against Russian interests on Friday last week. In contrast to previous measures, the bloc will target Russia’s lucrative energy sector, with thermal coal first in line.
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Dry Bulk Fleet Continues To Grow While Chinese Imports Are In Contraction
The fact remains that global iron ore, coal, and grain trade volume could actually contract on a year-on-year basis this year
The dry bulk fleet continues to grow while Chinese iron ore, coal, and soybean imports are in contraction. As has been widely reported, China imported 87.3 million tons of iron ore in March.
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Q1 2022 Tonne-Mile Review
Tables set to turn in Q2 for crude and clean tankers
As we move into the second quarter of this year, we analyse the effects of recent developments on the tonne-mile demand of crude and clean tanker fleets. Individual crude tanker classes are indicating a tonne-mile trend reversal, as well as clean LR tankers, while MRs have shown signs of continued strength in the months ahead.
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