London-listed Taylor Maritime Investments (TMI) has unveiled a whopping annual profit as bulker markets prospered. The handysize specialist said net earnings were $253m in the year to 31 March, without […]
Ukraine is stepping up grain exports via the Danube River and Romania’s Sulina Canal. A total of 16 cargo ships have passed through the Danube’s Bystre river mouth region in […]
A deal could be signed as early as next week that would open a corridor to allow Ukraine’s grain exports to flow more freely from the Black Sea, nearly five […]
China imported 89 MMT of iron ore in June. This marks a month-on-month decline of 3.5 MMT (-4%) and is down year-on-year by just 400,000 tons. As we have continued […]
The USDA has cut its estimates for Chinese soybean imports for MY 21/22 by 2 MMT to 90 MMT. Chinese soybean imports so far in MY 21/22 (October-September) have totaled […]
Chinese banks issued 2.81 trillion yuan in new loans in June, which marks a month-on-month increase of 920 trillion yuan (49%) and a year-on-year increase of 690 billion yuan (33%). […]
The most recently released data as of July 10th shows the daily coal burn rate at China’s six major coastal power plants has come in at 828,000 tons. This is […]
US ports continue to set records in throughput ahead of the peak season, with demand expected to stay strong even as the economy shows signs of cooling. Ports saw a […]
The incredibly skewed global orderbook continues to throw up all manner of records, with long-term ramifications for the main shipping segments. Ordering in the bulker and tanker sectors, which together […]
There’s growing evidence that the days are coming to an end of the booming consumer demand, which saw container shipping hit record high levels of profitability over the last couple […]
