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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, 03 August 14
LACK OF COAL SHIPMENTS FROM FAR EAST/SE ASIA, THE PRESSURE ON CHARTER RATES CONTINUED THIS WEEK
COALspot.com: This week, the freight rates were almost flat as charter rates were also almost steady from last week. The BDI was up by 2.59 pc ...


Friday, 01 August 14
UNCERTAINTY IN ASIAN COAL MARKETS WHERE INDEX-LINKED PRICING DOMINATES - SGX
COALspot.com: In the past 3 years, seaborne thermal coal markets have been in a state of constant oversupply. Reuters expects this oversupply ...


Friday, 01 August 14
U.S PRODUCED 19.4 MMST OF COAL IN A WEEK, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.40 million short tons (mmst) of coal in ...


Thursday, 31 July 14
CAPESIZE: CARGO VOLUMES, COAL IN PARTICULAR, PRESENTLY NOT SUFFICIENT TO EMPLOY A GROWING FLEET - FERNLEYS
Handy Both the Atlantic and Pacific has improved in the supramax segment over the last week, said Fernleys in Its latest weekly report . There we ...


Thursday, 31 July 14
RIO TINTO SELLS MOZAMBIQUE COAL ASSETS FOR US$ 50 MILLION TO INDIA'S ICVL
COALspot.com: Rio Tinto has agreed to sell its Mozambique coal assets for just US$ 50 million to International coal ventures Private limited of Ind ...


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