“In January, grain shipments to China are estimated to fall 51% y/y, partly due to a decline in import demand for soya beans caused by low crusher margins. Although Chinese soya bean production decreased 1% y/y in 2024, inventories are high after a sur…
BIMCO: Grain shipments to China drop 51% amid low demand Read More »
The global demolition activity declined to 368 units being demolished during 2024, versus 449 in 2023 and a further 414 in 2022. In its latest weekly report, shipbroker Intermodal said that “in June 2025, the Hong Kong Convention (HKC) is set to enter …
Global Demolition Activity in 2024 Down to 368 Units Read More »
The re-routing of merchant ships around Cape of Good Hope instead of crossing the Bab-al-Mandab has not only led to significant changes in trade patterns and tonne-mile demand, but has also resulted in certain operational challenges, especially regardi…
The Red Sea crisis – not the sole reason for higher ship operating costs Read More »
Shipping generates 3% of global greenhouse gas emissions. This could increase to 10% if current trends continue, according to Transport & Environment – a non-profit organisation dedicated to decarbonising transport in Europe by 2050. To alter cours…
Five ways to cut emissions from shipping Read More »
The tanker market could be impacted by the shape of the US policies moving forward, under the new Trump presidency. In its latest weekly report, shipbroker Gibson said that “following a very impactful end to the Biden era, the oil and tanker markets ex…
Tankers and the Trump Presidency Read More »