The dry bulk market has failed so far to justify the positive sentiment which had prevailed during the final months of 2013, when the Baltic Dry Index was rallying to levels just below 2,000 points. As a result, sceptics have yet again resurfaced, questioning the level of predicted health in the balance between supply and demand, going as far as estimated a new level of tonnage oversupply in the coming years, especially given the fact that demolition activity has retreated once again this year.
According to Intermodal's latest weekly report, with almost half of the year gone by, the dry bulk market continues to exhibit signs of weakness, giving birth to a lot of uncertainty for both existing ship
Dry bulk market still deemed a "minefield" for many ship owners
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- Category: Mercados - Fletes- Cotizaciones
- Published on Thursday, 15 May 2014 05:40
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Thursday, 15 May 2014 | 00:00
Iron Ore Trade at Risk as Port Hedland Walkouts Approved
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- Published on Tuesday, 13 May 2014 18:53
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Tugboat workers at Australia’s Port Hedland approved work stoppages amid a dispute over wages and annual leave, risking disruption to iron ore shipments to Chinafrom the world’s largest bulk-export terminal.
The Maritime Union of Australia approved unlimited stoppages of 24 hours, 48 hours and seven days, the Fair Work Commission said today after members were balloted. The union represents deckhands at Teekay Shipping (Australia) Pty., which is contracted by BHP Billiton Ltd. (BHP) to run tugboat operations at the port, located 1,300 kilometers (808 miles) north of Perth. Two other unions are also balloting workers on possible action.
Industrial action may slow iron ore exports by companies including Fortescue Metals Group Ltd. (FMG)and BHP, which said
Informe Organización Mundial del Comercio
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- Published on Wednesday, 07 May 2014 04:26
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COMUNICADO DE PRENSA
http://www.wto.org/spanish/news_s/pres14_s/pr721_s.htm
Se prevé un crecimiento moderado del comercio en 2014 y 2015, después de dos años de estancamiento
Se prevé que el comercio mundial registre un crecimiento moderado del 4,7% en 2014 y aumente a un ritmo mayor (5,3%) en 2015, según informaron hoy (14 de abril de 2014) los economistas de la OMC.
PUNTOS PRINCIPALES
La previsión del comercio para 2014 se ha elevado al 4,7% frente al 4,5%, lo que está aún por debajo del promedio de 5,3% en 20 años (1983-2013). Para 2015, se prevé un aumento del 5,3%.
Los riesgos en torno a esta previsión son ahora menores en las economías desarrolladas pero han aumentado para las economías en desarrollo, pues el final de la
German Investor Confidence Drops for Fifth Straight Month
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- Published on Tuesday, 13 May 2014 18:48
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Photographer: Krisztian Bocsi/Bloomberg
Industrial output unexpectedly declined in March, and manufacturing and services cooled in April. Close
Industrial output unexpectedly declined in March, and manufacturing and services cooled in April.
Photographer: Krisztian Bocsi/Bloomberg
Industrial output unexpectedly declined in March, and manufacturing and services cooled in April.
German investor confidence fell for a fifth month in May in a sign of growing concern that threats from low inflation (ECCPEST) to a strong euro may undermine the recovery.
The ZEW Center for European Economic Research in Mannheim said its index of investor and analyst expectations, which aims to predict economic developments six months in advance, slid to 33.1 from 43.2 in April. The gauge is at the lowest level since January 2013.
Por qué no sube el carbón y la consecuencia en las mineras
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- Published on Saturday, 03 May 2014 04:19
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Las compañías mineras australianas están prolongando un exceso de oferta que hizo caer los precios del carbón al nivel más bajo en cuatro años debido a contratos de transporte que hacen que sea más barato exportar a pérdida que reducir la producción.
Las remesas de carbón térmico del segundo mayor exportador crecerán más que las de cualquier otro país este año, según Morgan Stanley. El banco rebajó su pronóstico de precios 2014 un 9% a US$77 la tonelada, este mes, calculando que la oferta mundial superará la demanda en un 4%. Los precios promediaron US$77,24 en lo que va del año, de acuerdo con los datos de globalCOAL.