The Baltic Exchange’s dry bulk sea freight index rose on Wednesday to its highest level in more than a week, as rates increased across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, was up 39 points, or 3.1%, to 1,300 points, its highest...
https://www.hellenicshippingnews.com/baltic-index-gains-on-stronger-vessel-rates/
The first quarter of 2025 has shown mixed signals in China’s dry bulk import profile, reflecting commodity-specific trends and the broader strategic shifts underway amid the U.S.-China trade war. The above charts reveal YoY volume comparisons for March 2025 vs. March 2024, highlighting divergent...
Prices for dry bulk carriers have been on the rise over the past week, as more deals were concluded. In its latest weekly report, shipbroker Xclusiv said that on the dry bulk market “on the Kamsarmax sector, the “Sea Pluto” – 81K/2013 New Times was sold for USD 16.5 mills and the “Seaduty” –...
https://www.hellenicshippingnews.com/dry-bulker-prices-on-the-rise/
China’s coal imports from Russia rose 6% in March from the same month last year to 7.33 million metric tons, data from the General Administration of Customs showed on Sunday, despite logistical constraints and Western sanctions. Coal imports from China’s largest supplier Indonesia declined 9% to...
Global trade flows are shifting in response to the ongoing trade war. In its latest weekly report, shipbroker Intermodal said that “the recent surge in trade tensions between the U.S. and China, marked by the U.S. imposing tariffs up to 145% on Chinese imports and China retaliating with 125%...
https://www.hellenicshippingnews.com/shifting-trade-flows-from-policy-changes/
The Baltic Exchange’s dry bulk sea freight index was unchanged on Tuesday as gains in the panamax and supramax segments countered a decline in capesize rates. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, held steady at 1,261 points. The capesize index fell...
Mitsui O.S.K. Lines, Ltd. announced that the naming and delivery ceremony for the MOL-ordered LNG-fueled Capesize bulker for JFE Steel Corporation was held at the Saijo Shipyard of Imabari Shipbuilding Co., Ltd. (Ehime Prefecture). The vessel was named the Verde Heraldo, which means “Green Pioneer”...
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose on Friday as demand increased across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, gained 20 points, or 1.6%, to 1,261....
https://www.hellenicshippingnews.com/baltic-index-rises-on-strong-rates-across-vessels/
This week’s highlight focuses on the shifting trends in soybean dry bulk flows from Brazil and the U.S. to China, following the latest round of tariffs imposed amid escalating trade tensions. We had already anticipated these changes in agricultural trade dynamics in November 2024, following the...
https://www.hellenicshippingnews.com/dry-weekly-market-monitor-grain-dry-bulk-flows-brazil-vs-u-s-a/
Rio Tinto RIO, RIO on Wednesday reported its lowest first-quarter iron ore shipments since 2019 and warned that more weather disruptions could lead to a 2025 forecast miss, after cyclones impacted the miner’s Pilbara operations. The company now expects Pilbara iron ore shipments for 2025 to hit the...