The global demand for lithium for use in batteries has led to an increase in shipments of spodumene, a cargo which possess shifting and / or liquefaction risks. What is spodumene? Spodumene is a lithium aluminium silicate and is the world’s most abunda…
Lithium surge raises stability concern Read More »
Containerships are just about managing to maintain daily transit averages through the Panama Canal, while other sectors reroute. While most eyes are on the situation in the Red Sea and diversions from the Suez Canal, it is worth keeping an eye at happe…
Panama Canal: Containerships benefiting from other sectors’ exodus Read More »
The crude tanker trade out of the US Gulf benefitted significantly from the rise in US crude oil production, beyond any expectation during 2023. However, 2024 could be more challenging, limiting the market’s performance. In its latest weekly report, sh…
Tankers: The US Gulf Market Could Not Repeat 2023’s Performance Read More »
Capesize The capesize market experienced a varied week with distinct developments in both the Pacific and Atlantic regions. At the start of the week, a lacklustre trend prevailed as the Pacific faced downward pressure, resulting in a 20-cent decline on…
Dry Bulk Market Manages to Halt Losing Streak Read More »
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market spot rates in various shipping segments. The recent attacks by the Houthi rebels in the Red Sea have alre…
The Red Sea Escalation Implications on Global Seaborne Trade Read More »