Dry Weekly Market Monitor: Capesize Market (Iron Ore Shipments, Market Rates, South Atlantic Ballasters)

This week’s highlight delves into the evolving dynamics of Capesize ballasters in the South Atlantic and the evolution of iron ore shipments to China from Australia, Brazil, Guinea and South Africa. The start of the year confirms a challenging freight market environment for the Capesize iron ore sector, with a notable spike in the vessel …

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Ocean container shipping rates may fall after deal reached to avoid port strikes on US East Coast and Gulf Coast

Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called off – with ocean container freight rate growth now expected to slow or fall. The strikes were set to begin on 15 January and would have forced the closure of ports …

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