Pacific Basin, an owner and operator in the smaller-sized bulk carriers, said demand to transport dry bulk goods has remained strong, leading it to enjoy the best quarterly time charter […]
Chinese customs released both its monthly and YTD (cumulative) coal and iron ore import figures for March. The monthly figures indicate coal and iron ore imports of 27.3 MMT (up […]
Indian iron ore exports ramp up Indian seaborne iron ore exports increased by 47% in March to 6.6 MMT, the highest monthly total on record. The majority of cargoes headed […]
Brazilian soybean harvest continued to accelerate in the week ended April 10 on dry weather in most states and surpassed 5-year average pace, agricultural consultancy AgRural said April 12, putting […]
There have been 101 newbuilding deliveries in Q1 consisting of 5 VLOC, 21 Capesize, 13 Post Panamax, 21 Panamax, 24 Supra-Ultra and 17 Handysize. Demolition to date numbers 43 ships: […]
China was the largest single export market for 16 African states in 2019, and the largest single source of imports for 33 states in the same year, according to an […]
China’s ban on Australian coal has shaken up coal export markets but exporters like South Africa, Indonesia and even Russia and Mongolia have stepped into the breach, according to research […]
With steel production in some regions still lagging pre-pandemic levels, a rebound in manufacturing activity has led to shortages. These pockets of demand have turned to the seaborne market to […]
According to industry sources, firm Chinese steel prices has seen domestic steel producers favour iron ore with higher Fe content to increase their output. A local trader stated that “although […]
March saw a stunning 866,060 teu of new tonnage ordered, almost the same as was contracted throughout the whole of 2020, as the cash-rich sector starts spending some of its […]
