China is now responsible for 74.4% of global iron ore imports. As such, any shift in demand is having an enormous impact on the market. In its latest weekly report, shipbroker Banchero Costa said that “2023 was a very positive year for global iron ore …
Dry Bulk Market: China’s Iron Ore Imports Read More »
Performance in tankers and dry bulk is likely to remain sound in 2025, with tankers making above-average profits, supported by high tonne-mile demand, while oversupply and easing of disruptions in the Red Sea will put pressure on global container shipp…
Performance of Global Shipping Segments to Diverge in 2025 Read More »
In the rapidly evolving maritime industry, compliance with stringent environmental regulations such as FuelEU Maritime, EU Emissions Trading System (EU ETS), and the Carbon Intensity Indicator (CII) is becoming increasingly critical. Shipowners are fac…
Prices for second hand bulkers have retreated as a result of a weakness in the dry bulk market. In its latest weekly report, shipbroker Xclusiv said that “as 2024 draws to a close with just two weeks remaining, a review of the dry bulk market reveals a…
Dry Bulk Values Plunge in Line With Shipping Market Read More »
Supply/demand balance Despite the fastest growth in supply and the fleet since 2010, the supply/demand balance tightened in 2024. Ship demand has increased as 90% of the capacity that normally transits the Suez Canal has instead been sailing via the Ca…
BIMCO: Container Shipping Market Overview & Outlook December 2024 Read More »