Capesize bulker futures powered further ahead of the spot market on Tuesday as experts said optimism is running vessels for the rest of the year. The capesize 5TC, a spot-rate […]
In 2021, India was the second largest importer of coal in the world, just after Mainland China, and ahead of Japan and South Korea. India accounted for 15.3% of global […]
The Chicago Board of Trade Corn prices averaged over $782/tonne in April, the second highest monthly price on record. The surge in corn prices this year is undoubtedly linked to […]
Earlier this week, the Panamax vessel “Unity N” left the port of Constanta in Romania carrying 71,000 tonnes of Ukrainian corn. The shipment headed for Spain is the first to […]
The northern port of Qinhuangdao in Hebei province is the latest Chinese commodities hub to get hit by virus-related lockdowns as China’s top politicians discuss urgent stimulus measures to pump-prime […]
The International Monetary Fund (IMF) has looked at container freight rates and crunched the numbers to work out what today’s sky-high shipping costs are doing to global inflation. In the […]
Are we heading towards a recession? Has globalization peaked? Is the US dollar’s status as a reserve currency under threat? How much will interest rates have to rise before inflation […]
China has removed import tariffs on various coal grades as part of its efforts to maintain adequate supplies amid global disruption caused by the Russia-Ukraine conflict, according to a government […]
Japan’s Ocean Network Express (ONE) has reported another year of record profits. The world’s sixth-largest liner operator bagged a profit of $16.75bn for the financial year to the end of […]
Germany’s Hapag-Lloyd has unveiled a huge improvement in its profit expectations in 2022. The Hamburg liner operator expects to deliver Ebitda in the region of $14.5bn to $16.5bn this year. […]
