11-06-2021 From Banchero Costa Research
In the first 5 months of 2021, global seaborne coal trade declined by -1.9% y-o-y to 476.8 MMT. The worst was Q1 down by -8.4% y-o-y to 279.3 MMT. April […]
SHIPPING NEWS
11-06-2021 Iron ore exports from majors rise 8%, but some in catch-up mode, By Sylvia Cao and Paul Bartholomew, Platts
Iron ore exports from major producers improved in May, but most miners will need to lift run rates over the second half of 2021 to meet their sales guidance, according […]
11-06-2021 US calls incoming emissions measure ‘weak’, By Anastassios Adamopoulos, Lloyd’s List
Proposed measures to tackle the shipping industry’s greenhouse gas emissions are weak, according to the US government. Washington’s delegation to the IMO told the MEPC meeting that a short-term measure […]
11-06-2021 From Howe Robinson Research
Drought conditions in Brazil and Ukraine combined with a surge in international grains demand has set the US on track to achieve a record year in corn exports. In the […]
11-06-2021 Dry bulk market ends week strong amid high sub-capesize demand, firm iron-ore prices, By Michael Juliano, TradeWinds
The dry bulk shipping market ended the week on a high note as spot rates across all sectors rose on Friday amid positive sentiment for the smaller asset classes. The […]
10-06-2021 Dry freight derivatives market jumps as capesize shorts run for cover, By Holly Birkett, TradeWinds
Freight forward agreements (FFAs) for bulkers made big advances on Wednesday, which continued into Thursday. Kerry Deal, head of business development at FFA broker Freight Investor Services, told TradeWinds that […]
09-06-2021 Tonnage shortage sends supramax spot rates surging to near 11-year high, By Holly Birkett, TradeWinds
Growing demand from the US Gulf and short tonnage lists have helped spot rates for supramax bulk carriers close to the 11-year high seen in late May. Spot rates for […]
08-06-2021 Upbeat outlook for dry bulk as Asian economies ‘build their way out of Covid’, By Marcus Hand, Seatrade
Asia-based executives are upbeat on the prospects for dry bulk with strong demand in the region, although there are some notes of caution of uncertainty due to the continued Covid-19 […]
08-06-2021 Brazil’s June soybean exports likely to outpace 2020 level, By Asim Anand, Platts
Brazil’s June’s soybean exports are likely to surpass last year’s level amid strong demand from China, sources told S&P Global Platts June 8, which is expected to pressure US soy […]
08-06-2021 Shotgun marriage of shipping and private equity stumbles on, BY David Osler, Lloyd’s List
It is five years ago this month that Scorpio Tankers’ president Robert Bugbee coined the word ‘prexit’ before a New York audience to describe the exit of private equity from […]