This week, the US and Brazilian grain sectors are in the spotlight, particularly Brazil’s strong position in soybean production and exports to China. Almost 90% of the Panamax shipping market is concentrated on the Brazil-China trade route. The S…
Dry Bulk Grain Flows – U.S. Vs Brazilian Read More »
Capesize The Capesize market faced a persistent downturn this week, with the Baltic 5TC declining daily to end at $15,395, down $2,779 from Monday. In the Pacific, limited mining demand early in the week led to a softening in the C5 route, hindered by …
Dry Bulk Market: Capesizes Faced Downturn Last Week Read More »
Demand for Australia’s iron ore has been on the rise, with China leading the pack. In its latest weekly report, shipbroker Banchero Costa said that “2023 was a very positive year for global iron ore trade. In Jan-Dec 2023, global loadings of iron ore i…
China Leading Rebound in Demand for Australian Iron Ore Read More »
Shipping demand will be shaped by the macroeconomic environment as well, in the coming weeks and months, with monetary easing expected to play a significant role in that regard. In its latest weekly report, shipbroker Xclusiv said that “the Chinese eco…
Shipping and the Macro Environment Read More »
“Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships since November 2023 and they could threaten 1% of the world’s dry bulk exports if safety is …
Attacks on ships in Ukraine threaten 1% of dry bulk market Read More »