The ever-shifting tides of the shipping freight market are proving to be difficult to navigate. For example, in the dry bulk market, seasonality used to be a defining factor, but lately policy have proven to be equally as important. In its latest weekly report, shipbroker Xclusiv said that “in dry...
Dry Bulk Market
Baltic Index Posts Weekly Gain On Higher Capesize Demand
The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, edged higher on Friday and posted a weekly rise due to higher demand for capesize vessels. The main index, which monitors rates for capesize, panamax and supramax shipping...
https://www.hellenicshippingnews.com/baltic-index-posts-weekly-gain-on-higher-capesize-demand/
Baltic Dry Index climbs to 1403 up 30 points
Today, Monday, April 28 2025, the Baltic Dry Index climbed by 30 points, reaching 1403 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1403-up-30-points/
Japan mulls buying more US corn as part of tariff talks, Nikkei reports
Japan is considering increasing its corn imports from the United States as part of trade negotiations over President Donald Trump’s sweeping tariffs, the Nikkei reported on Friday. The U.S. exported $2.8 billion worth of corn to Japan in 2024, to counter an 80% drop in exports to China. Hiroshi...
Indian Iron Ore Exports Face Downward Pressure
Through our dry bulk flow tool, we have identified changing trends in iron ore flows from Indian ports. Growing domestic demand from the steel industry and weaker demand from China have led to less iron ore leaving Indian ports so far in 2025. Fully utilizing the dry bulk flows feature enables...
https://www.hellenicshippingnews.com/indian-iron-ore-exports-face-downward-pressure/
Dry Bulk Market: Capesizes March to Higher Ground
Capesize The Capesize market showed a clear upward trajectory this week following a subdued start due to the Easter holidays. The BCI 5TC rose steadily, closing the week at $15,667, up from $13,774 on Tuesday. In the Pacific, sentiment improved significantly midweek as C5 rates climbed from early...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-march-to-higher-ground/
Australian coal exports face numerous downside risks, new projections show
Global demand for metallurgical (met) coal is expected to fall as low emissions steel production gains pace, according to the latest Resources and Energy Quarterly (REQ) forecast from the Department of Industry, Science and Resources (DISR). However, DISR remains bullish on Australian met coal...
Baltic Index Logs Second Weekly Gain On Higher Rates Across Vessels
The Baltic Exchange’s dry bulk sea freight index rose on Friday and posted its second straight weekly gain, helped by higher demand across all vessel segments. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, added 20 points, or 1.5%, to 1,373. The index was...
Baltic Index Rises To Over Two-Week High As All Vessels Post Gains
The Baltic Exchange’s dry bulk sea freight index extended gains on Thursday, reaching a more than two-week high, on stronger rates across all vessel segments. The main index, which monitors rates for capesize, panamax, and supramax shipping vessels, rose by 53 points to mark its highest level since...
China’s Q1 2025 met coal imports up 2% YOY, Canadian coal surges 62%
China imported 27.4 million mt of metallurgical coal in the first quarter of 2025, a 2% increase year over year from 26.9 million mt in Q1 2024, according to the latest data from the China General Administration of Customs. The modest rise in total imports was supported by strong growth from Canada...