Despite the rising trade tensions, China is still the main destination for US soybeans. In its latest weekly report, shipbroker Banchero Costa said that “total seaborne exports of soybeans in calendar (Jan-Dec) 2024 declined by -5.0% year-on-year to 14…
Dry Bulk Shipping: China The Dominant Market for US Soybeans Read More »
The shipping market stands to benefit from falling oil prices, as fuel oil costs will diminish as well, while the dry bulk segment in particular could enjoy further tailwinds. In its latest weekly report, shipbroker Xclusiv said that “Asia’s seaborne i…
“We estimate that coal shipments to China will show a 15% fall y/y during the first quarter of 2025, reaching a three-year-low. Seaborne cargoes have slowed due to weaker domestic demand and higher competition from domestic supplies and overland import…
BIMCO: Chinese coal imports expected to fall 15% to three-year-low Read More »
The dry bulk freight market is currently experiencing a significant upswing, primarily fueled by a notable decrease in the number of ballasters on the C3 route. This has led to anticipation of a market undersupply in the coming weeks, fostering a bulli…
Dry Weekly Market Monitor: Capesize Market Analysis – C3 route Read More »
Capesize The Capesize market experienced a week of gradual strengthening, with positive momentum building from midweek onwards as activity increased and tonnage tightened in both the Pacific and Atlantic basins. The BCI 5TC experienced a steady rise th…
Dry Bulk Shipping: Capesizes Keep Their Positive Momentum Read More »