In the second quarter of 2025, oil flows from Saudi Arabia to China declined sharply. This downturn can be attributed to a combination of seasonal and structural factors. Notably, Chinese refineries traditionally undergo scheduled maintenance during Q2…
Tanker Weekly Market Monitor: Decline in Saudi Oil Flows to China in Q2 2025 Read More »
The ship demolition market has still been weak over the past few days. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling market remained weak across all major destinations, with li…
Ship Demolition Market: Weakness Still the Main Theme Read More »
“Between January and April 2025, Brazilian grain shipments rose 9% y/y, supported by strong Chinese purchasing. As China imposed higher tariffs on cargoes from the US, the country sought alternative suppliers, such as Brazil,” says Filipe Gouveia, Ship…
Brazilian grain shipments up 9% as China seeks US alternative Read More »
Between 2022 and 2024, US grain exports to Mexico have shown a significant upward trend, with Mexico’s share rising from 7.6% in 2022 to 9.3% in 2024, indicating a strong and growing demand from its southern neighbor. This 1.7 percentage point in…
Dry Weekly Market Monitor: Grain Dry Bulk Flows (U.S.A. to Mexico) Read More »
Newbuilding ordering activity has been on the rise once more, particularly in China, despite the existing tensions. In its latest weekly report, shipbroker Banchero Costa said that “after a rather quiet period, Newbuilding activity, particularly in Chi…
Chinese Newbuilding Orders on the Rise Again Read More »