Denny Sabah

Love to talk about mining, metals, shipping, climate change and economics.

“Without data, you're just another person with an opinion.”

RT≠endorsement

[Denny Sabah @DennySabah]

@TheO2 Do you have the stage times for Smashing Pumpkins and Weezer yet?

[Denny Sabah @DennySabah]

.@British_Airways my flight from Nice to LHR was cancelled on Mon. Couldn’t get another flight till today (Fri. BA345).
Trying to check-in online, your system won’t let me. Tells me to go to airport. Can you help please? What’s going on?

[Robert Friedland @robert_ivanhoe]

Mining is the most basic of all human endeavors and yet we live in a world where people don’t know where things come from

[Denny Sabah @DennySabah]

@Splash_247 The story implies that Guinea is on the Gulf of Guinea. It is not.

[Denny Sabah @DennySabah]

@FeltonFu1 @blownoutspreads @DryBulkETF It would mean more cargoes on the water, and therefore more demand for dry bulk vessels. That’s positive for dry bulk market.

[Denny Sabah @DennySabah]

China producing #coal at record levels. I suppose it believes that the #environment can wait while it has an energy crunch.

#cop26

[Javier Blas @JavierBlas]

CLIMATE CHANGE: While #COP26 enters into its 2nd week, China announced overnight that daily coal production has reached a **multi-year high** of 11.93 million tonnes per day, up more than 10% from Sep levels as the country battles an energy crunch.

[Denny Sabah @DennySabah]

#Coal miner & shipowner working together to reduce #CO2 emissions.
This will continue to become more common.

#freight #renewables #EnergyTransition @TeckResources @oldendorff1921 #emissions @mining #drybulk

[Teck Resources @TeckResources]

Teck and Oldendorff Carriers Announce Agreement to Reduce Supply Chain CO2 Emissions https://t.co/UMR9sLl9tn $TECK

[Denny Sabah @DennySabah]

#Commodity prices at all-time high. Quite incredible.

-supply chains broken by covid
-increased demand due to investment driven by covid
-shortage of commodities driven by yrs of underinvestment due to weak markets

-> have all coalesced to create this.

[Simon Casey @sjcasey]

BOOM: The Bloomberg Commodity Spot Index, which tracks 23 energy, metals and crop futures contracts, soars to an all-time high
https://t.co/gcbqDiKJOo

[Denny Sabah @DennySabah]

The #EverGiven needs a couple of repairs!
Especially after being hacked away by that little digger in the #Suez.

#EverGiven #freight

[China Xinhua News @XHNews]

Giant cargo ship Ever Given that blocked the Suez Canal for nearly one week in March reaches east China's coastal city of Qingdao for repairs https://t.co/DwSgSiWaeX

[Denny Sabah @DennySabah]

We know that #capesize #freight rates are their highest in over a decade, but interesting to see that:

record volumes of dry cargo being moved in capesizes.

#ironore #coal #bauxite

[Nick Ristic @ristic_nick]

While Cape cargo in transit hits record highs

[Denny Sabah @DennySabah]

Extraordinary that 16% of the global dry bulk fleet is tied up by port congestion

High rates not just due to demand, but lack of supply.

#freight #ironore #coal #drybulk @samchambers #ports

[Sam Chambers @SamChambers]

16% of the global dry bulk fleet is tied up by port congestion. Capes hitting $50k, handies at 2008 levels https://t.co/nxpEv3hQqE

[Denny Sabah @DennySabah]

Dry bulk #freight rates have had a stellar year.
Some of the highest rates in a decade.

#shipping #maritime #trade #ironore #coal

[Joakim Hannisdahl @JHannisdahl]

Baltic Dry Index Rises 0.95% to 4,235
Capesize +1.97% to $51,099
Panamax -0.98% to $33,534
Supramax 58k tons +0.95% to $38,169

#DryBulk #Shipping

#2020Bulkers $DSX $EGLE $GBLK $GNK $GOGL $SBLK

[Denny Sabah @DennySabah]

A ship splits in half and sinks.
Pretty shocking. Off the coast of Japan, carrying 44,000 tonnes of woodchip.
#CrimsonPolaris

[متجر أدوات جنسية @alghadeertv_eng]

Ship sailing under #Panama flag runs aground in northern #Japan, splits in two.
#CrimsonPolaris

More Details: https://t.co/lfOVajkIcp

[Jon Erlichman @JonErlichman]

Growth in electric vehicle chargers over the past decade:

[Vala Afshar @ValaAfshar]

An example of agriculture automation https://t.co/ZTGxCyw1HF

[Denny Sabah @DennySabah]

The figures related to China’s economy never cease to amaze.

[Elements @VCElements]

China’s Staggering Demand for Commodities 📈

https://t.co/cQLhfUnIuZ

[Denny Sabah @DennySabah]

@GavinJaunky That's incredible.

[Denny Sabah @DennySabah]

Differing #decarbonisation efforts by various parts of the #shipping world:

#decarbonization #methanol #lng #renewables #emissions #carbon #ammonia #hydrogen

[BreakWave @DryBulkETF]

Decarbonization: How Shipping Moves Ahead To Run On Zero Carbon Fuels https://t.co/AxYhZGwiGK

[Denny Sabah @DennySabah]

How to wind down thermal #coal mines.
Complex. Nuanced. Very difficult. But important.
A thought-provoking thread from @kmac

#climatechange #renewables #mining #energy

[Kate Mackenzie @kmac]

My latest for @climate looks at what the actual closure of thermal coal mines means for businesses, investors, governments, local communities, climate campaigners.
But it's a vast, sprawling topic. Thread:
https://t.co/Xt6b07AKOm

[Denny Sabah @DennySabah]

The devil's in the detail...
#TaylorMaritime IPO on London market...
Still, great to have more visibility into shipping companies thanks to the public markets.

#supercycle @Michellewb_ @LloydsList #shipping #IPO #freight #commodities

[Michelle Wiese Bockmann @Michellewb_]

Much has been made of Taylor Maritime issuing & pending admission to London Stock Exchange Thurs. Here are key takeaways for me:
1: it's essentially 23 old (11 years) handysize bulk carriers that ship minerals and grains, 17 are owned by their private co.
https://t.co/H5PRVXZWlv