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 Near Two-Year Low On Weaker Rates Across Vesselsby hellenicshippingnews... on 22/01/2025 at 10:00 pm
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest level in 23 months on Wednesday, as rates dipped across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 35 points to 893 points, hitting ...
- Dry Weekly Market Monitor: Panamax Market (ECSA Ballasters & Demand)by hellenicshippingnews... on 22/01/2025 at 10:00 pm
As January draws to a close, the Capesize Brazil–North China freight market maintains a relatively stable sentiment. Although highs have yet to be achieved, the market remains steady. In contrast, the Panamax Continent–Far East route shows weaker sentiment, weighed down by an oversupply of tonnage that continues to depress freight rates. Shifting focus to the ...
- Dalian iron ore snaps nine-day winning streak as US tariff uncertainty weighsby hellenicshippingnews... on 22/01/2025 at 10:00 pm
Iron ore futures declined on Wednesday, weighed down by concerns that U.S. President Donald Trump could impose higher tariffs on Chinese imports. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! ended daytime trade 0.44% lower at 800.5 yuan ($109.94) a metric ton, ending a nine-session rally. The benchmark February iron ...
- Baltic index at over 1-year low as rates decline across segmentsby hellenicshippingnews... on 21/01/2025 at 10:00 pm
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a sixth straight session on Tuesday to an over one-year low as rates weakened across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 29 points, or ...
- Baltic Dry Index falls to 928 down 29 pointsby hellenicshippingnews... on 21/01/2025 at 2:00 pm
Today, Tuesday, January 21 2025, the Baltic Dry Index decreased by 29 points, reaching 928 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 ...
Oil & Companies News – Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping
- GlobalData announces top M&A financial and legal advisers in oil & gas sector in 2024by hellenicshippingnews... on 22/01/2025 at 10:00 pm
GlobalData has announced the latest updates to its Financial and Legal Adviser League Tables, which rank advisers by the total value and volume of merger and acquisition (M&A) deals they advised on in the oil & gas sector during 2024. See the rankings and findings below. Financial Advisers Citi and Jefferies top M&A financial advisers ...
- Huge oil reserves discovered in central Iraqby hellenicshippingnews... on 22/01/2025 at 10:00 pm
The state-owned Iraqi Midland Oil Company said on Monday that it has discovered huge oil reserves in the East Baghdad oil field. Mohammed Yassin Hassan, director general of the company, said the new discovery is expected to add more than 2 billion barrels to Iraq’s oil reserves, according to a statement by the company. Initial ...
- Citi raises average 2025 oil price forecasts, citing geopolitical risksby hellenicshippingnews... on 22/01/2025 at 10:00 pm
Citi on Wednesday raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran, but noted prices were likely to ease through the second half of the year. “The oil outlook could see heightened, sustained geopolitical risks in Iran/Russia-Ukraine potentially wipe out the 2025 oil balance surplus, but the Trump ...
- China’s oil product demand to extend decline by 2% in 2025: CNPC ETRIby hellenicshippingnews... on 22/01/2025 at 10:00 pm
China’s oil product demand is expected to continue declining to 382 million mt in 2025, although the reduction is forecast to slow to 1.9% year over year, compared with 2.4% in 2024, from the peak in 2023, CNPC’s Economic & Technology Research Institute said Jan. 21. Demand for gasoline and gasoil will continue to drop ...
- Middle East Crude-Benchmarks drift lower as oil extends declinesby hellenicshippingnews... on 22/01/2025 at 10:00 pm
Middle East crude benchmarks Oman, Dubai and Murban drifted lower for a third session on Wednesday amid a decline in oil prices. Oil prices trended lower after Trump on Monday laid out a sweeping plan to maximise oil and gas production, including declaring a national energy emergency to speed permitting, rolling back environmental protections, and ...
