IlluMyFi

Guyana, a tiny South American nation home to more than 800,000 people, made big headlines in December. The reason? Its neighboring country, Venezuela. Venezuela’s autocratic leader Nicolás Maduro called for a referendum in the first week of December 2023 to seek approval to annex Essequibo, which makes up two-thirds of Guyana’s land. Venezuelans approved it ...

Sentiment

Bearish/Bullish

24.12.24 10:00

by hellenicshippingnews.com

Dry Bulk Market: Asian Thermal Coal Market in Bearish Mode

The Asian thermal coal market could be set for a bearish 2025, under current fundamentals. In its latest weekly report, shipbroker Xclusiv said that “the Asian thermal coal market outlook signals challenging conditions for 2025, with bearish pressure on prices driven by weak demand fundamentals in key consuming markets. China’s coal imports are projected to ...

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