One of the most worrying trends that has developed recently – which will affect shipping demand in the years to come – is the falling trade-to-GDP ratio. The falling ratio can be explained by slowing globalistation as well as increasing pro…
BIMCO: Shipping’s Supply And Demand Trending Off Balance Read More »
Capesize It was one-way traffic for the Capesize market this past week, with all routes giving up value. While downward momentum may have slowed a touch by Friday, the Capesize 5TC took a trouncing, losing $5,702 to settle at an almost six-month low of…
Dry Bulk Market: Capesize Market Faces The Doldrums as 2019 Ends Read More »
China’s economy has been characterised by two key themes over the past two decades, but what will be the theme for the coming ten years? Exports was the key theme in the 2000s. China started that decade as a WTO outsider and grew to become the world’s …
China: still reasons to be cheerful Read More »
Ship owners are closing their final deals of the year both in the newbuilding, but also in the S&P market, with bulkers in high demand. In its latest weekly report, shipbroker Banchero Costa said that “last week was rich of transactions in the dry …
Dry Bulkers in Demand Read More »
Chile has been facing severe unrest for more than a month now, with a state of emergency declared in some parts of the country and curfew imposed in many regions. Although the country is slowly returning to normalcy after the National Congress of Chile…
Copper concentrate sails smoothly amid Chilean unrest Read More »