Maritime trade is predicted to increase by 4.3% in 2021 and the medium-term outlook is positive, according to the latest annual UNCTAD Review of Maritime Transport. However, the compound annual growth in maritime trade is expected to slow from 2.9% ove…
Positivity flows around trade prospects Read More »
The emergence of yet another virus variant has trigerred a renewed wave of fear in the global market, oil included. In its latest weekly report, shipbroker Gibson said that “Europe is once again the centre of the Covid-19 pandemic with rising cases and…
Product Tanker Market Expected To Weather Short-Term Turbulence Read More »
During COP26 it was encouraging to see the maritime sector being included in the discussion between governments. International liner shipping companies, who for some time have been taking the lead when it comes to commitments as well as investments in …
Capesize The Capesize market was a mixed bag this week as routes ebbed and flowed giving little clear direction for traders. The market carried through positive sentiment from the prior week, yet was unable to sustain gains on the 5TC by midweek and bo…
Dry Bulk Market: Capesize a Mixed Bag This Week Read More »
Seaborne coal trade has reversed the downward trend of the past couple of years, with 2021 so far being in positive territory. In a recent weekly report, shipbroker Banchero Costa said that “2021 continues to see a steady but consistent recovery in coa…
Coal Seaborne Trade on the Rise in 2021 as new Routes Emerge Read More »