The economic environment for global trade has profoundly shifted in the past year. Recovering demand from the pandemic has collided with supply side constraints in many industries, inflation and interest rates are rising, and the Ukraine war, together …
VesselsValue: Sowing the Seeds of a Food Crisis Read More »
Capesize It was turbulent seas this week as global markets buffeted the Capesize sector. Amongst this turmoil the sector managed to find a floor under its recent softening as sentiment improved in the latter part of the week with the Capesize 5TC lifti…
Dry Bulk Market: Turbulence Prevails Read More »
President Alberto Fernández recently pledged that Argentina would seize the opportunity to help meet global wheat demand while taking advantage of the high prices following Russia’s invasion of Ukraine. Poor harvest, however, could change the picture. …
Argentina’s wheat export quota cut by 31% for 2022/23 marketing year Read More »
Capesize The Capesize market softened this week as global market concern’s kept the headwinds coming. The softening of values was felt across all Capesize 5TC routes as the index lowered throughout the week by -4609 to $19,665. Friday saw a slight upti…
Dry Bulk Market: Capesizes Soften This Week Read More »
Seaborne iron ore trade has retreated by 2% so far in the first four months of 2022, as Chinese demand hasn’t been as strong. In a recent weekly report, shipbroker Banchero Costa noted that “global iron ore loadings in the full 12 months of 2021 were u…
Seaborne Iron Ore Trade Down In First Four Months of 2022, as China’s Demand Retreats Read More »