SHIPPING & TRADING MONTHLY REPORT
JUNE 2023 This monthly report is developed to provide insights into the Micro and Macro Environment in Shipping and Trading for Sea Transportation Services with a focus on the Breakbulk
JUNE 2023 This monthly report is developed to provide insights into the Micro and Macro Environment in Shipping and Trading for Sea Transportation Services with a focus on the Breakbulk
Forecast models indicate below-average to average rainfall in most of South Asia and southern Southeast Asia for the 2023 monsoon season. Heavy downpours, flooding, and landslides could affect business, transport, and
Continue readingForecast models: South Asia and southern Southeast Asia 2023
(Reuters) – President Vladimir Putin said this month that Russia was considering withdrawing from the Black Sea grain deal as he accused the West of cheating Moscow because it still faced obstacles getting its
Continue readingWhy Russia has a problem with Black Sea Grain Deal…?
KYIV, June 27 (Reuters) – Ukraine must be ready to export grain almost exclusively via its Danube River ports because Russia is effectively blocking Black Sea shipments, the Ukrainian Sea Ports Authority
Continue readingUkraine Must Be Ready to Export Mostly via Danube Ports – Sea Ports Authority
Τhe beginning of 2023 was marked by a drop in iron ore shipments Indexes. At the end of last week, on February 3, 2023, the general index of Baltic Dry which takes
Continue readingDry bulk rates have been falling since the beginning of 2023
Aluminum futures have been trading within the range of 2,200 to 2,300 USD per metric ton as traders anticipate a more balanced Chinese aluminum market following the deficit in 2022.
Asia Pacific Cargo Shipping Market was valued at USD 4.43 Billion tons in 2021. The Asia Pacific Cargo Shipping Market size is estimated to grow at a CAGR of 4.7 %
Continue readingAsia Pacific Cargo Shipping Market: Industry Analysis and Forecast (2021-2027)
Following dry bulk market weakness at the start of the year, expanding economic activity in China has led to increased demand for iron ore, coal and some minor bulks in
Capesize In the Pacific, the week started with a relatively calmer tone compared to the previous week. Despite the presence of all three major players from West Australia to China,
After a lackluster first quarter, dry bulk market participants are pinning hopes on revival in freight rates, with China’s gradual economic recovery and signs of rebounding embattled property sector likely
Continue readingDRY BULK QUARTERLY: China growth recovery to dictate Asian freight market in Q2