Canadian iron ore exports to China and the EU have been rising. In its latest weekly report, shipbroker Banchero Costa said that “2023 was a very positive year for global iron ore trade. In Jan-Dec 2023, global loadings of iron ore increased by +5.1% y…
Canadian Iron Ore Exports on the Rise Read More »
This week’s data highlights a declining trend in VLCC tonne days growth (left chart), coinciding with weakening AG-China freight market rates throughout June and a reduction in tonne day growth from the AG to China. This weaker outlook was also d…
VLCC Dirty tonne days Read More »
When it comes to regulations that protect the marine environment, things are only heading in one direction: towards more stringent restrictions on how the shipping industry operates. The International Maritime Organisation’s MARPOL convention now spans…
Solving shipping’s challenges through trust in technology Read More »
Larger ship sizes are still quite popular among Greek owners, based on the deals reported over the past week. In its latest weekly report, shipbroker Xclusiv said that in the dry bulk market, “large sizes remain popular among Greek shipowners. On the N…
Big Ships Popular Among Greek Ship Owners Read More »
Supply/demand balance We have revised our assumption regarding when ships might return to normal Red Sea and Suez Canal routings. In our previous report, we assumed that reroutings will only impact the first half of 2024. Since there are no signs of a …
BIMCO: Container Shipping Market Exploding in 2024, But 2025 Could Be a Different Story Read More »