India Ships Record Wheat As Ukraine Crisis Upends Bulk Trade
By Pratik Parija (Bloomberg) India is set to benefit from the shifts in global wheat trade as Russia’s invasion of Ukraine leaves a vital source of
By Pratik Parija (Bloomberg) India is set to benefit from the shifts in global wheat trade as Russia’s invasion of Ukraine leaves a vital source of
By Tarso Veloso (Bloomberg) — A backlog of vessels waiting to load soybeans from some Brazilian ports is stretching to near-record lengths as the
By Nayara Figueiredo SAO PAULO, Feb 22 (Reuters) – U.S. grains merchant Archer-Daniels-Midland Co ADM.N said on Tuesday it has
The ongoing winter Olympics, coinciding with the Lunar New Year in China, have taken some of the attention away from the drybulk markets. Just as well, because
The first LNG-fueled bulk carrier to transport iron ore between Western Australia and Asia has arrived in Singapore for its first bunkering operation prior
By Sameer Manekar Jan 18 (Reuters) – Rio Tinto forecast slightly weaker-than-expected 2022 iron ore shipments on Tuesday, citing tight
By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) – Indonesia said on Thursday it would allow 37 vessels loaded with coal to depart, in the
JAKARTA, Jan 9 (Reuters) – Indonesia is yet to reach a decision on lifting its coal export ban as authorities discussed overcoming logistic issues that
By Muyu Xu and Gavin Maguire BEIJING/SINGAPORE, Jan 7 (Reuters) – Coal traders in China, the world’s top consumer and importer of the fuel, are
BEIJING, Jan 4 (Reuters) – China’s thermal coal futures surged by as much as 7.8% to kick off 2022 on concerns of supply disruptions after
For maritime industry participants, December is a time for looking backward- what happened in the past 12 months, and looking ahead, at what might happen in
Even though it has pulled back from its October highs, the drybulk market is still of keen interest, if the attendance at last week’s Marine Money conference
By Jonathan Saul and Simon Jessop LONDON, Nov 12 (Reuters) – Shipping companies that transport the world’s coal are in the crosshairs of
Savvy traders, analysts and math whizzes had seen it coming- the drybulk market’s “parabolic rise” during September was simply not sustainable. Big
Oct 29 (Reuters) – The Baltic Exchange’s dry bulk sea freight index eased on Friday and posted its biggest monthly fall since January 2020, hurt by
The drybulk market, described a few weeks ago as “overheated” or “on fire”, has been inching back to a calmer and cooler situation. Interestingly,
The Baltic Dry Index, at 4,257 points, has now fallen over 24% from its 13-year peak earlier this month. Oct 25 (Reuters) – The Baltic Exchange’s
“Our market is in fire”, were the words of DNB shipping analyst Jorgen Lian began the session covering drybulk shipping sector at the Capital Link Shipping
The drybulk market, where large deepsea vessels transport unpackaged (therefore, “bulk”) cargoes of iron ore, coal (for heating and for steel making),
Oct 6 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index extended its rally on Wednesday as robust demand and port congestion
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