Indonesia blocks exports from 48 coal miners as EU’s Russian coal ban begins
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We expect that 2024 will end with demand growth of 5-6% but the coming years will display significantly weaker growth. In our base scenario, we forecast dry bulk demand to fall by 0.5-1.5% in 2025 and grow by 2-3% in 2026. In our alternative scenario, demand will grow by 0.5-1.5% in 2025 and 0-1% in... Please follow the link to continue reading.
During 2024, the supply/demand balance has improved and the full year is expected to end stronger than 2023. However, in our main scenario we expect a weakening of market conditions in 2025 and 2026. For both years we are working with two demand scenarios depending on when ships can fully return to... Please follow the link to continue reading.
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Despite the very strong freight rates and the apparently tight market, the all-important driver for dry bulk shipping, China, has in fact seen imports of its two largest dry bulk commodities shrink year-on-year so far this year. The two largest imported commodities for China, iron ore and coal are h... Please follow the link to continue reading.
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