Search
Close this search box.

PRESS

Trade Winds Mast Head

New EU regulations requires more than just cutting fuel consumption

Alibra Shipping warns that merely cutting fuel consumption won’t be enough to comply with regulations such as the FuelEU Maritime initiative from 2025..

“Even if ships reduce fuel consumption, the average carbon factor measured by the FuelEU Maritime initiative will not reduce unless the fuel is changed or blended in with a more sustainable one” Alibra Shipping said.

Read More »
Trade Winds Mast Head

Dry bulk spot market mounts week of broad gains

Positive sentiment from China’s pending economic stimulus money also lifts spot rates, expert says

“So, we remain positive for dry bulk for the next few months, and we see the change of capesize rates moving into the $20,000-per-day range as our base scenario for the winter.”

“Capesize rates are also getting pushed up by low supply, port congestion in China and elsewhere,” said Giuseppe Rosano, founder of London-based broking house Alibra Shipping.

“It’s a bit tight,” he said.

Read More »
Splash 247 logo

Trajectory of soaring new build prices divides opinion

The trajectory of newbuild prices which have soared up by as much as 50% in less than three years is dividing experts.

“There’s no sign yet that newbuild prices are close to peaking,” said Giuseppe Rosano, founder of London-headquartered brokers Alibra Shipping.

“Newbuilds will always attract the public-listed companies as a means to push boundaries and be innovating with their designs, which thus attract investors,” Rosano said.

Read More »
Splash 247 logo

China on track to smash coal import records

Dry bulk rates would be in a much worse state were it not for the sensational amount of coal China has been importing in recent months

“Without these coal imports the bulk markets would be in the pits,” commented Giuseppe Rosano, founder of UK broker Alibra Shipping, noting how iron ore imports into China have been sluggish due to the weak construction sector.

Read More »
Splash 247 logo

Chinese steel demand proving elusive this year

Owners must now brace for a disappointing steel season out of the sector’s most important nation, China.

Trying to get a fix on where the Chinese economy is heading has been a tricky task for many in dry bulk over the past year.

Giuseppe Rosano, founder of London brokers Alibra Shipping, conceded: “China has somewhat been quite elusive in the last six months with what it has said it wants to do and what it has actually done.”

Read More »
Trade Winds Mast Head

The Covid trade is over: Rates across key bulker segments fall

Giuseppe Rosano could not make any sense of why all markets across shipping are behaving so illogically these days.

“On the wet, the VLCCs have also tanked, yet the oil price is rising,” said Giuseppe, founder of UK broking house Alibra Shipping.

“We are all trying to understand this yo-yo market, but I feel it will get a tad worse before it gets better.”

Read More »
Trade Winds Mast Head

Baltic Dry Index continues to fall

Reuters reported on Tuesday that the one-day tumble to 1,250 points was the largest one-day drop that the BDI has experienced since 1984.

One broker summed up why he thinks the index has done so poorly in recent days, having fallen by nearly a third from 1,723 points recorded on 21 December.

“China, China, China,” Giuseppe Rosano, founder of UK broking house Alibra Shipping, told TradeWinds.

“I cannot see anything getting better until several weeks after Chinese New Year.” he said.

Read More »