Steel demand is set to grow by a marginal amount this year, but prospects for seaborne steel trade in 2023 look decidedly better – although the war in Ukraine is a significant downside risk in any forecasts. The World Steel Association’s (worldsteel) l…
Risks to muted steel recovery Read More »
The global shipping sector rebounded strongly from the pandemic in container and dry bulk shipping. A lack of capacity to handle the unexpectedly strong wave of demand and Covid-related closings disbalanced global supply chains and led to spiking tarif…
Global shipping outlook: rebalancing with reshaped routes Read More »
Before starting my second maternity leave with a hectic schedule of supplying baby essentials, I wanted to share some personal hopes and reflections on the important year ahead for the IMO, the Albert Embankment UN institution in London where I have sp…
IMO: It’s time we all deliver Read More »
BIMCO has produced its own ship sale and purchase agreement – SHIPSALE 22 – with the aim of making the authoring, negotiation and execution process faster and simpler, and to provide the market with a modern and comprehensive alternative to exist…
BIMCO launches ship sale and purchase agreement Read More »
Capesize After several weeks of relatively flat price movement, the Capesize 5TC market has started to show a little positive sentiment with levels pushed to $15,299. Fixture activity on the whole has not been very eventful, yet the Pacific C5 West Aus…
Dry Bulk Market: Capesizes Enter Positive Territory Read More »