Doubling in a year time, index for containers from China are approaching a 2-year high.
Global iron ore exports at a new seasonal & 2024 record!
Invincible seasonality? With strong exports from Australia & Brazil, global weekly iron ore shipments soared to a new record in 2024 of 35Mt/Wk.
South America Agri exports started 2024 on a strong note, will it last?
Up +16% year on year! The cumulated Agri exports from South America at end of April 2024 with a record of 76.3Mt with Argentina’s corn and oilseed leading the push thanks to normal crops.
Victim of its own successes? Imports from China increasingly targeted by Tariffs
In the first 4 months of 2024, exports of steel products and vehicles from China have increased by ~25% compared to one year earlier.
Norway catching up with iron ore exports after a difficult start in 2024
After experiencing a difficult start of the year and having endured two derailments in 1Q’24, exports of Swedish iron ore via the Norwegian port of Narvik have…
Indonesian coal shipments heading for new record in 2024
In 2023, Indonesia’s coal production surged to a record-breaking 775Mt and exceeding the government’s initial target of 694Mt.
New milestones for Bulk Carriers with new seasonal record in 1Q’24!
New milestones for Bulk carriers? In 1Q’24, the utilization of the Bulk Carriers fleet (>10kt-Dwt) rose +9% YoY to a new seasonal record of 7.5 trillion ton-miles during a Q1.
China’s power generation confirm positive PMI studies in March!
Despite milder weather, China’s power generation still progressed +4.2% YoY in Mar’24 and +8.1% YoY in 1Q’24 for a total of 2.2PWh (i.e. 2.2 million of billion watt-hour)!
Brazil’s weekly iron exports resurge to high levels
Iron ore exports from Brazil have recovered to 7.4Mt/wk, at a seasonal record for the second time in 2024.
Argentina corn exports to drive growth of agri-freight demand in 2024
With corn harvest in Argentina underway and nearly 6% complete (+2% WoW), the full crop in 2024 is…
Baltimore Bridge Collapse & Consequences for Global Coal Trade
It took 2 consecutive power failures at the worst possible moment for container ship M/V Dali to ram and totally…
Iron ore restocking in China accelerates!
Healthy supply of iron ore and prices relaxing through 1Q’24 have encouraged Asian steel mills to accelerate the pace of restocking in the past month.
India’s Iron Ore exports slid from 5-yr high to 5-mth low!
Price sensitivity or seasonal evolution? Climaxing at 2.8Mt/wk at the start of 2024 and mirroring SGX iron ore prices then over 140$/t, iron ore exports from…
Towards tightening Capesize Supply: Fleet ageing versus Orderbook!
Despite a regain of interest during 2020/2021 on the back of post-covid stimulus plans, recent ordering activity for Capesize bulk carriers (i.e. 100 – 220kt-Dwt) has led to…
Ukrainian seaborne iron ore exports have resumed at full speed, and it is good for overaged Capesizes!
From last November onwards, Ukraine has progressively resumed seaborne exports of iron ore after a 18-month interruption due to the war.
Iron ore prices relaxing on rising supply & more aggressive sales?
Initially pricing a premium for low inventories in China and uncertain seasonal weather conditions…
Where are Chinese steel exports heading into 2024?
Looking at 2023, steel exports from China rose +35% YoY to a 7-year high at 91Mt.
In recent months, Australia overtook Russia as a coal supplier to China!
Nothing can beat a good logistics on the long run!
Visualizing the impact of transit restrictions across Panama Canal & the Red Sea on agri exports from the USG to the Far-East
The preferred shipping route for dry-bulk exports…
Have steel production margins in China bottomed?
Have steel production margins in China bottomed? Since peaking in Sep’21, margins have experienced a dead-cat bounce in 2023 before reaching a trough in Dec’23.