Chinese Nickel ore imports account for approximately 90-95% of total nickel ore shipments. China imported 43.5 MMT in 2021 (+4.4 MMT/+11% y-o-y) and has historically sourced over 95% of its […]
With the Capesizes less exposed to the impact of the Ukraine—Russia conflict, we look at what is currently driving the Capes higher and what risks may be present. Following a […]
The Ukraine conflict, which has seen a drop in grain exports leading to higher agricultural commodity prices, is raising concerns about food security risks, especially in import-dependent countries in Africa […]
D’Amico Società di Navigazione’s dry cargo unit has no exposure or cargo commitments to Russia now, but it will evaluate client requests on a case-by-case basis, provided there is no […]
Giant trader and charterer Trafigura is reported to have held talks with US investor Blackstone over a $3bn cash injection. Bloomberg and the Financial Times cited sources as saying the […]
Ships are building up at important Chinese ports as China’s strict zero-Covid policy rattles supply chains once again. While Beijing has made contingencies to keep ports operating during Covid outbreaks, […]
Overcooked commodity markets and the risk of a global economic slowdown are the biggest risks to Norden’s business this year, according to its chief executive. The Danish owner and operator […]
A drop in fertilizer exports from the largest supplier Russia could dent demand for the sub-capesize segments. With bans on ammonium nitrate exports already in place since early last month, […]
As bombs fall in Ukraine and geopolitical alarm bells ring, some observers of the market for secondhand bulkers are feeling dizzy. “Two weeks into the conflict in Eastern Europe and […]
For January and February 2022, Chinese coal production rose to 687 MMT. This is 11.2% up YOY from the 618 MMT in the first two months of 2021. This signals […]
