BIMCO publishes Shipping Market Overview & Outlook reports towards the end of each month as follows: January, April, July, October Dry Bulk February, May, August, November Tanker March, June, September, December Container Supply/Demand Balance Duri…
Dry Bulk Shipping Market: Slower demand growth pressures freight rates Read More »
The dry bulk freight market is expected to become increasingly fragmented as decarbonisation regulations tighten and capex increases. Shifts in supply trends have been significant, driven by global and regional environmental policies that are altering …
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 »