Demand for seaborne iron ore imports from China, could be heading for a slowdown in the coming weeks and months. In its latest weekly report, shipbroker Xclusiv said that “the iron ore market is navigating a complex landscape, with important factors pr…
Dry Bulk Shipping: Land-based Competition Could Hurt Seaborne Iron Ore Demand Read More »
Supply/demand balance We expect the supply/demand balance to strengthen in 2024 but weaken in 2025. Supply is estimated to grow by 3-4% in 2024 and 1.5-2.5% in 2025, while demand is projected to grow by 4.5-5.5% in 2024 and weaken by 1-2% in 2025. Frei…
BIMCO Expects the Supply/Demand Balance to Strengthen in 2024, But Weaken in 2025 Read More »
This week’s chart illustrates the increase in the monthly volume of Brazilian iron ore shipments during May, June, and July this year, following a notable drop recorded during the first quarter. In July, there was a 13.4% increase in the monthly …
Dry Weekly Market Monitor: Ukrainian Grain Shipments to All Destinations Read More »
Capesize The Capesize market experienced a steady decline this week, with the BCI 5TC falling from $24,521 on Monday to $21,676 by Friday. The Atlantic saw significant fixing activity, particularly from South Brazil to China, but an oversupply of tonna…
Dry Bulk Market: Capesize Segment Experiencing Downtrend Read More »
Demand for second hand dry bulk carriers remained in high demand during the past week. In its latest weekly report, shipbroker Xclusiv said that “despite the northern hemisphere approaching the “heart” of the summer, dry bulk S&P activity remains r…
Shipping: Dry Bulk Carriers Remain in High Demand Read More »