capesize

This week, VLCC rates are going sideways, Capesize rates have reversed, and container shipping has yet to gain traction.

As a major owner of Capesize bulkers, Golden Ocean is heavily exposed to events in Brazil.

Public ship owners like Navios Partners saw rates fall due to cuts in Brazilian iron-ore exports.

Going into next year as steel demand from housing construction skews to a slower growth trajectory, Beijing is increasing its spending on infrastructure.

Corporate and industrial borrowing in China in the third quarter of 2018 surged to the highest level since 2013, just as the US Administration gets ready to impose the largest round of trade tariffs so far, targeting $200 billion worth of goods. A progressively weakening economy likely means a return to old school stimulus in fixed asset investments. .