Steel demand is set to grow by a marginal amount this year, but prospects for seaborne steel trade in 2023 look decidedly better – although the war in Ukraine is a significant downside risk in any forecasts. The World Steel Association’s (worldsteel) l…
Risks to muted steel recovery Read More »
China’s iron ore imports were down by 8.5% during the first quarter of 2022. In a recent report, shipbroker Banchero Costa said that “2021 proved fairly robust, but far from remarkable, in terms of global seaborne iron ore trade. Total global loadings …
Dry Bulk Market: First Quarter Iron Ore Imports From China Were Down By 8.5% Read More »
The global shipping sector rebounded strongly from the pandemic in container and dry bulk shipping. A lack of capacity to handle the unexpectedly strong wave of demand and Covid-related closings disbalanced global supply chains and led to spiking tarif…
Global shipping outlook: rebalancing with reshaped routes Read More »
Before starting my second maternity leave with a hectic schedule of supplying baby essentials, I wanted to share some personal hopes and reflections on the important year ahead for the IMO, the Albert Embankment UN institution in London where I have sp…
IMO: It’s time we all deliver Read More »
In what seems like a paradox, amid the current environment, the volume of Urals crude currently held on tankers, is the highest level since records began in 2016”. In its latest weekly report shipbroker Gibson noted that “it has been almost two months …
Russian Crude on Tankers is the Highest on Record Read More »