Dry Bulk Shipping Demand to Increase, While Lower Fuel Oil Prices Can Further Boost Shipping

The shipping market stands to benefit from falling oil prices, as fuel oil costs will diminish as well, while the dry bulk segment in particular could enjoy further tailwinds. In its latest weekly report, shipbroker Xclusiv said that “Asia’s seaborne imports of metallurgical coal fell to their lowest level in three years in February, signaling …

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