The dry bulk market has been recovering over the past few days. In its latest weekly report, shipbroker Xclusiv said that “dry bulk market freight rates are showing signs of improvement after a period of decline. The Baltic Exchange TC averages began t…
Dry Bulk Shipping: Is a Revival Underway? Read More »
Recent observations indicate that imported iron ore stocks at China’s major ports have seen a slight decrease, dropping by 529,900 tonnes, or 0.3% week-on-week, to a total of 153.4 million tonnes as of February 20. This reduction occurs even as both th…
Dry Weekly Market Monitor: Capesize South Atlantic Ballasters Vs Baltic Rates Read More »
China’s evolving grain import strategy reflects its increasing focus on domestic production to enhance food security and support local farmers. This shift is reshaping the global grain trade, particularly the tonne-mile demand for Panamax vessels, by r…
China’s shifting grain game is creating ripples across the global market Read More »
“Three years after Russia’s invasion of Ukraine, the volume of dry bulk shipments from the two countries combined is 6% below pre-war levels. However, the past 12 months have seen the countries’ dry bulk shipments develop in complete opposite direction…
BIMCO: Ukraine’s dry bulk shipments take 87% leap three years after Russia’s invasion Read More »
Capesize The Capesize market maintained its continued momentum throughout the week, improving $2,277 week-on week to close at $8,216, which is the highest value since late January. West Australian miners remained relatively inactive despite the reopeni…
Dry Bulk Shipping: Capesize Market Maintains Rising Momentum Read More »