Bulker segments other than capesizes strengthened amid a further disruption in trade and an increase in congestion. The redrawing of trade routes comes amid news that Australia has banned the […]
Combined earnings before taxes and interest of $110bn was amassed last year by 15 of the world’s largest carriers, data show. It is the highest combined figure for over a […]
The effect of the Ukraine crisis on African food imports and prices is a big worry, the United Nations trade body warns, as previous high cycles for agrifood commodities have […]
While most shipowners have decided to give Russia a wide berth in the wake of sanctions and the dangerous conditions involved following the invasion of Ukraine, there are some owners […]
Australia has overnight imposed an immediate ban on Australian exports of alumina and aluminum ores including bauxite to Russia. Russia currently relies on Australia for nearly 20% of its alumina […]
The Shanghai Containerized Freight Index (SCFI) continued its long decline today, registering an 85-point drop to close the week on 4,540 points, still roughly quadruple its historical average but it […]
More evidence is trickling in from US-listed dry bulk executives as to how trade disruptions from Russia’s invasion of Ukraine are contributing to a near-term lift in rates. However, the […]
The Bureau of Meteorology (BOM) of Australia forecasts La Nina weather pattern to extend through April, increasing the potential for disruptions to coal, iron ore and LNG sectors as the […]
Russia is the world’s single largest exporter of wheat, accounting for about 20% of global wheat trade in the 2020/21 season. Ukraine is also one of the top exporters of […]
Brazil, one of the world’s biggest wheat importers, could significantly reduce its dependance to foreign crops as record export demand provides farmers with the funds to expand their planting areas. […]
