Bulk Shipping Trends: How Global Demand Is Reshaping Seaborne Trade

Capt. John
  • Iron Ore: Seaborne volumes rose by 2.4%, with longer-haul shipments boosting ton-days by 3.4%.
  • Coal: Modest 1.4% increase in volumes, but ton-days declined due to low port congestion.
  • Grain: Marginal 0.7% growth, with shifts in trade patterns benefiting smaller vessels.
  • Steel: Chinese steel exports surged, impacting trade dynamics with the US and Asia.
Iron Ore: Longer-Haul Shipments Drive Growth

Seaborne iron ore volumes expanded by 2.4% year-on-year (y-o-y) in 2024, while ton-days saw a...

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