The Freightos Baltic Global index increased 14% month-over-month (MoM) in July to $5,073/FEU – with most of that climb taking place early in the month – surpassing the February peak by 47% and its 2019 level by more than 270% as peak season demand, com…
FBX Index July 2024: Market summary Read More »
Demand for seaborne iron ore imports from China, could be heading for a slowdown in the coming weeks and months. In its latest weekly report, shipbroker Xclusiv said that “the iron ore market is navigating a complex landscape, with important factors pr…
Dry Bulk Shipping: Land-based Competition Could Hurt Seaborne Iron Ore Demand Read More »
Supply/demand balance We expect the supply/demand balance to strengthen in 2024 but weaken in 2025. Supply is estimated to grow by 3-4% in 2024 and 1.5-2.5% in 2025, while demand is projected to grow by 4.5-5.5% in 2024 and weaken by 1-2% in 2025. Frei…
BIMCO Expects the Supply/Demand Balance to Strengthen in 2024, But Weaken in 2025 Read More »
This week’s chart illustrates the increase in the monthly volume of Brazilian iron ore shipments during May, June, and July this year, following a notable drop recorded during the first quarter. In July, there was a 13.4% increase in the monthly …
Dry Weekly Market Monitor: Ukrainian Grain Shipments to All Destinations Read More »
The ship recycling has remained weak for yet another week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week, ship recycling industry faced significant challenges across multiple regions. I…
Weakness in the Ship Recycling Market Still Prominent Read More »