# DRY BULK QUARTERLY: Coal restocking lifts Q4 dry bulk shipping hopes

> S&P Global reports average Q3 2023 dry bulk earnings were weaker than Q3 2022 across Capesize, Panamax and Supramax segments. Analysts expect Q4 gains, supported by rising coal restocking orders and Atlantic port congestion pushing up Pacific rates. Chinese demand weakness remains the main drag on freight.

- Date: 2023-10-09 · published 2023-10-09T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/33811-dry-bulk-quarterly-coal-restocking-lifts-q4-dry-bulk-shipping-hopes
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Expected Q4 freight recovery would raise shipping costs for grain and meal cargoes, though weak Chinese demand limits the upside.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/shipping/100923-dry-bulk-quarterly-coal-restocking-lifts-q4-dry-bulk-shipping-hopes

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.