China’s iron ore imports were down by 8.5% during the first quarter of 2022. In a recent report, shipbroker Banchero Costa said that “2021 proved fairly robust, but far from remarkable, in terms of global seaborne iron ore trade. Total global loadings …
Dry Bulk Market: First Quarter Iron Ore Imports From China Were Down By 8.5% 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 »
The dry bulk and tanker market fortunes are locked in opposite directions. The tanker market seems to be in a positive momentum, while the trend in the dry bulk market seems to be downward. In its latest weekly report, shipbroker Allied Shipbroking sai…
Tanker and Dry Bulk Markets In Opposite Directions Read More »
The Commercial Court in the case of Sharp Corp Limited -v- Viterra B.V. (previously known as Glencore Agriculture B.V.) [2022] EWHC 354 (Comm) considered an appeal brought by Sharp Corp Limited (the buyer) against a decision of the Grain and Feed Trade…
Battle over grain cargo pricing Read More »
With the EU ready to ban Russian coal imports, it’s worth taking a look at what this means for the seaborne coal trade in general. In its latest weekly report, shipbroker Banchero Costa said that “following a disastrous 2020, with the world hit by lock…