China continues to diversify its raw materials needs away from traditional supplier Australia with news of a big iron ore tie-up in North Africa, something that were it to materialise […]
The forecast cycle took another step in the right direction with the IMF raising its 2021 and 2022 estimates by 0.5% and 0.4%, respectively, to +6.0% and +4.4%, citing optimism […]
Coal imports into China are expected to decline this year, a potential negative for dry bulk shipping, which had been counting on growth. China’s demand indicators usually lead the direction […]
Clarksons report the dry bulk fleet added 2.8 MDWT in March (1.5 MDWT of Capes, 0.7 of Pmax, 0.5 of Supras and 0.2 of Handies), while a total of 0.5 […]
US-listed shipping stocks closed the first quarter up nearly 40% on average as investors flooded into the sector after shunning it for much of Covid-plagued 2020. Jefferies lead shipping analyst […]
Shipping loves a crisis. Disruption gets charterers and shippers jumpy. Shipowners and lines can sit back holding their hand of aces. Shipping a box tomorrow? Any ship, any price will […]
Due to favourable growing and harvesting conditions Australia’s wheat production for the crop year Jul ‘20–Jun ‘21 is estimated to be a record 33 MMT, more than double the 15.2 […]
Top executives at the Suez Canal Authority (SCA) refuse to be drawn on whether changes might need to be made to the southern portion of the waterway in the wake […]
Shipping delays are being reported off the Australian port of Newcastle, with bad weather leading to the longest queues since last November. Bulk carrier queues increased to 41 vessels in […]
Larger vessels may command the most attention — not least because of the blocking of the Suez Canal by a container behemoth — but humble handysize bulkers are causing their […]
