More From Yanyu Mao
Dry bulk opportunity: The Baltic Dry Index might have bottomed
The BDI (Baltic Dry Index) is a widely followed metric that reflects the overall rates of moving dry bulk cargoes like iron ore, coal, and grain across water.
Why should you understand spot exposure and contract coverage?
There are two main types of contracts in the dry bulk shipping industry, spot charter contracts and time charter contracts.
Why dry bulk shippers can benefit from China’s record new loans
Loans play an important role in helping an economy grow by stimulating consumption and investment and creating greater overall demand.
Why Indonesia’s nickel ore export ban affects dry bulk shippers
As a major producer and exporter of oil, gas, and minerals (including gold, nickel, copper, tin, and thermal coal), Indonesia’s exports account for a significant share of Indonesia’s GDP.
Why China’s real estate climate index drives dry bulk shipping
China’s real estate climate index is a composite index released monthly by the National Bureau of Statistics of China.
Why China saw high growth in iron ore and coal imports in January
China’s iron ore and coal imports are key factors that drive shipping rates. Iron ore and coal each account for nearly 30% of the world’s dry bulk trade volume.
On the supply side, how optimistic are dry bulk shippers?
Entering 2014, dry bulk shippers seem to be picking up their optimism again, which is clear in their recent activity purchasing new ships, despite the continuous fall of the Baltic Dry Index.