Capesize The market closed the week firmly on a softer footing, with sentiment deteriorating steadily across both basins despite pockets of activity. The BCI 5TC lost significant ground, sliding from $41,571 to end the week at $30,731, reflecting mount…
Dry Bulk Shipping: Challenging Market for Most Sizes Read More »
The Dangote refinery’s expansion to 1.4 mbpd by 2028, doubling its current output, is expected to reshape regional trade dynamics in the Atlantic basin. As European refinery runs decline amid a wave of closures, Dangote’s growing output could redirect …
Expansion of Dangote’s refinery capacity to reshape Atlantic basin flows Read More »
The global economy has proven “resilient” this year, despite concerns about a sharper slowdown in the wake of higher trade barriers and significant policy uncertainty, according to OECD Secretary-General Mathias Cormann, commenting on the latest …
Trade growth slump on near horizon Read More »
A likely tightening of palm oil supply driven by Indonesia’s higher biodiesel mandate is expected to support continued growth in longhaul soybean oil shipments from the Americas to Asia in 2026, thereby boosting tonne-mile demand for large chemical tan…
Growth of longhaul vegoil trade at risk amid looming US–India trade deal Read More »
“Between January and November 2025, cement shipments, including clinker, have jumped 13% y/y, driven by a 39% y/y increase in shipments to Africa’s Atlantic coast. The region is experiencing high economic growth, fast urbanisation and rapid development…
African appetite for cement drives 13% jump in shipments Read More »