US may replace Ukraine as China’s top source of corn in 2021: experts

The US will likely surpass Ukraine as China’s top source of corn this year for the first time since 2015, as China’s corn imports from the US continue to grow amid increasing demand, soaring prices and the China-US phase one trade agreement, experts said on Sunday. Since March 2020, corn prices...

https://www.hellenicshippingnews.com/us-may-replace-ukraine-as-chinas-top-source-of-corn-in-2021-experts/

India, Indonesia benefit as China’s ban on Australian coal reshapes trade flows

India and Indonesia have emerged as key beneficiaries of a Chinese ban on Australia’s coal exports which is expected to further shift global trade in the fuel used for power generation and steelmaking this year. Australia, the world’s biggest coal exporter, will continue to benefit from growing...

https://www.hellenicshippingnews.com/india-indonesia-benefit-as-chinas-ban-on-australian-coal-reshapes-trade-flows/

Geared dry bulk freight rates hit a ten-year high thanks to backhaul demand with stronger container market but downside risk remains in Q2

As we have discussed in the previous freight rate forecast publications, there has been upside risk for our last assumption for near-term freight forecast, specifically for sub-Panamax grain tonnages, owing to (a) unusual high congestion, (b) strong coal employments with record low cold weather in east Asia, and (c) forward grain cargo covering tonnage demand …

The post Geared dry bulk freight rates hit a ten-year high thanks to backhaul demand with stronger container market but downside risk...

https://www.hellenicshippingnews.com/geared-dry-bulk-freight-rates-hit-a-ten-year-high-thanks-to-backhaul-demand-with-stronger-container-market-but-downside-risk-remains-in-q2/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.