Capesize After a weak start to the week, the market gradually regained momentum, finishing on a much firmer footing by Friday. Early pressure was driven by subdued cargo volumes, particularly in the Atlantic, while easing bunker prices encouraged lower…
Dry Bulk Market: Capesizes Gaining Momentum Read More »
In Drewry’s August 2025 article on the increase in iron ore imports in India, “India’s iron ore imports surge amid strong steel production”, we highlighted that India’s iron ore market was undergoing a structural shift, with surging imports and declini…
Surging domestic demand transforms India to net iron ore importer Read More »
Brazil’s iron ore exports have been slowing down so far in the year. In its latest weekly report, shipbroker Banchero Costa said that “1H 2026 was another positive period for global seaborne iron ore trade. In Jan-Jun 2026, global loadings of iron ore …
Brazil’s Iron Ore Exports Slowing Down in 2026 Read More »
Throughout the first half of 2026, the crisis in the Strait of Hormuz has profoundly altered the global landscape of VLCC crude shipping. Evaluating quarterly liftings by primary loading countries reveals a continuous contraction in overall VLCC volume…
Venezuela Steps In as the Hormuz Crisis Re-routes VLCC Trade Out of the Gulf Read More »
In March 2025, the Solong collided with the Stena Immaculate which was sitting at anchor with cargo of over 220,000 barrels of jet fuel. The fireball which ensued on collision led to the loss of life of a crew member onboard the Solong, and the Master …
A question of limitation Read More »