Demand for Brazil’s iron ore, most notably from China rose by 4.1% during 2024. In its latest weekly report, shipbroker Banchero Costa said that “2024 was another positive year for global seaborne iron ore trade. In Jan-Dec 2024, global loadings of iro…
Dry Bulk Shipping: Brazil’s Iron Ore Exports to China on the Rise Read More »
A record number of new tankers were ordered in 2024 with 435 orders placed across the year, an increase of around 31% year-on-year according to according to Veson Nautical’s ‘2024 End- Of-Year-Report’. The report, compiled by Veson’s data and intellige…
Greek shipping magnates top tanker newbuild order rankings in 2024 Read More »
January closed with weakening momentum in the dirty freight market, as the growth rate of demand tonne-days has yet to support a notable recovery. However, there are encouraging signs on the supply side, with vessel availability in the Arabian Gulf (AG…
Tanker – Weekly Market Monitor: Dirty Oil Flows and Tonne Days (Arabian Gulf – Far East) Read More »
Uncertainty is bound to be the mainstay of 2025, when it comes to the freight market direction, both the dry bulk and the wet ones. In its latest weekly report, shipbroker Xclusiv said that “the dry bulk market has witnessed a sharp decline in freight …
Shipping: Freight Rate Market Uncertainty to Dominate 2025 Read More »
We expect a weaker supply/demand balance in 2025 and 2026 than in 2024, even if ships do not fully return to the Red Sea. In this report, we are working with two different demand scenarios, depending on when ships can fully return to the Red Sea. For o…
BIMCO Dry Bulk Market Report: Return to the Red Sea would weaken market Read More »