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 »
The ongoing truce and ceasefire agreement between Israel and Hamas has sparked speculation over the resumption of ships’ passage through the Suez Canal. Although the truce seems to bring some respite to regional tensions, the complete functioning of th…
Peace at Red Sea unlikely to scramble LNGCs to change course Read More »
A new report from UCL Energy Institute Shipping and Oceans Research Group and UMAS reveals significant risk in some of the options the International Maritime Organization (IMO) is considering, for enabling shipping’s energy transition. The analys…
The momentum in the freight market has weakened as we approached the end of January and the onset of the Chinese New Year. The prevailing oversupply situation continues to significantly pressure market sentiment, compounded by a decline in demand for t…
Dry Weekly Market Monitor: Capesize Market Insights Read More »
“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 »