Russian wheat loadings from the four deep-sea Black Sea terminals fell by around 60% during the five weeks to 28 August compared with the same period in 2025. (Figure 2 shows the underlying cargo volumes and voyage counts.) The reduction persisted thro…
Black Sea Disruption Redirects Russian Wheat Towards the Baltic Read More »
Capesize The market maintained a broadly positive trajectory throughout the week, with the BCI 5TC building on its opening level and rising from $42,105 to $48,399, as Atlantic strength and a firmer Pacific combined to underpin sentiment. In the Pacifi…
Dry Bulk Shipping: Capesizes Retain Positive Momentum Read More »
In its latest weekly report, shipbroker Banchero Costa said that “2025 was another positive year for global seaborne iron ore trade. In Jan-Dec 2025, global loadings of iron ore increased by +3.5% y-o-y to 1,732.0 mln tonnes, based on AXS Marine vessel…
Dry Bulk Market: Australian Iron Ore Exports on the Rise Read More »
Capesize The market delivered a mixed but broadly resilient performance, with the Pacific providing the principal source of activity and direction. Consistent miner presence supported C5 throughout the week, although rates initially eased from just bel…
Dry Bulk Market: Capesizes Showing Signs of Strength Read More »
Dry bulk shipping is entering another phase of structural evolution. While coal’s long-term decline is inevitable, the material intensity of electrification and deployment of renewable energy are creating new trade flows, particularly in lithium-bearin…
From coal to critical minerals: How the energy transition is reshaping dry bulk trade Read More »