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 »
This week, attention is drawn to the Russian grain sector and the notable recovery in shipments that began in June, culminating in a recent peak in September. It is particularly noteworthy that the quarterly volume shipped to all destinations has reach…
Dry Bulk Grain Flows – The Russian aspect Read More »
Ship owners have kept on buying more second hand dry bulk carriers over the last week. In its latest weekly report, shipbroker Banchero Costa said that there was “busy drybulk activity with action taking place in all the different segments. We see some…
Bulkers In High Demand Among Ship Owners Read More »