Shipping demand shifts could emerge from the U.S., West Africa and China in the coming months. The Baltimore bridge collapse is expected to disrupt coal and car carrier sea trade in the U.S. East coast area, bit also LNG export trade. In its latest wee…
Shipping’s Demand in the U.S., Nigeria and China: What Lies Ahead? Read More »
The dry bulk market has rebalanced itself, after a period of correction. In its latest report, Breakwave Advisors noted that “the correction in dry bulk is here as spot rates look for a bottom. Although the excitement in dry bulk shipping remains unaba…
Dry Bulk Market Rebalancing Evident as Capesize Rates Drop by 40% Read More »
Demand for dry bulkers remained strong during the first quarter, as shown by the increase in the number of deals reported. In its latest weekly report, shipbroker Xclusiv said that “during the first 3-months of 2024, dry bulk S&P activity was brisk…
Dry Bulk Second Hand Sales Grew by 35% During the First Quarter of 2024 Read More »
The ship recycling market has had a mixed week. In its latest weekly report, Best Oasis (www.best-oasis.com), one of the world’s leading cash buyer of ships, said that “the ship recycling market across India, Bangladesh, Pakistan, and Turkiye presents …
Ship Recycling Market Shows Mixed Performance Read More »
South Africa, one of the major exporters of iron ore, managed to halt the decline of the past few years, during the course of 2023. In its latest weekly report, shipbroker Banchero Costa said that “2023 was a very positive year for global iron ore trad…
South Africa’s Iron Ore Exports Stabilized in 2023 Read More »