'During the first 11 weeks of 2026, bauxite shipments have surged 16% y/y, driven by strong Chinese demand for Guinean cargoes. Guinean bauxite has remained highly competitive, accounting for 79% of shipments and pushing non-Guinean bauxite shipments down 3% y/y…
'Despite increasing trade policy uncertainty and falling freight rates, the container ship order book has continued to expand. It now totals more than 1,350 ships with a combined capacity of 11.8m TEU,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO…
'The attacks on Iran by the US and Israel have caused disruptions for ships transiting the Strait of Hormuz. Although this passage is less critical for the dry bulk sector than for the tanker market, the disruptions still impact around 4% of dry bulk cargo volumes and tonne mile demand…
Iron ore shipments on the Great Lakes totaled 2 million tons in January, a near match to 2025. Loadings were below the month’s 5-year average by 14.5 percent.Since 1880, Lake Carriers’ has represented the U.S.-flag Great Lakes fleet, which today…
India's on Friday allowed the export of 2.5 million metric tons of wheat and an additional 500,000 tons each of wheat products and sugar, as the world's second-biggest producer of both commodities seeks to support local growers amid protests over a trade deal between New Delhi and Washington…
Coal-fired power generation decreased 1.9% in 2025; non-fossil generation outpaces demand growthChina's coal-fired power generation decreased 1.9% in 2025, marking a historic shift driven by new non-fossil generation that has finally outpaced demand growth…
BIMCO estimates that the dry bulk supply/demand balance will remain stable in 2026 and weaken in 2027.“An improvement in the economic and demand outlook has led us to revise our demand forecast for 2026 up by 0.5 percentage points,” says Filipe Gouveia…
Global shipping company Diana Shipping plans to launch a proxy fight to replace rival Genco Shipping & Trading's six current directors, making its decision just days after the board rejected Diana's takeover offer, two people familiar with the matter said…
Genco Shipping & Trading Limited has firmly pushed back on takeover interest from Diana Shipping Inc., with its board unanimously rejecting a non-binding $20.60-per-share cash proposal that it says 'significantly undervalues' the company and carries unacceptable execution risk…
'In 2025, seaborne coal shipments to China fell 10% as domestics supply increased and demand from steel manufacturing and electricity generation weakened. The decline affected shipments out of Indonesia, the US, Australia and Colombia in particular…
After several years of volatility, 2025 became the year the global shipping markets began to reset. Not collapse—but recalibrate.According to Veson Nautical’s 2025 End-of-Year Market Report, the past year was defined by persistent geopolitical disruption…
Shipments of iron ore on the Great Lakes decreased 19.1 percent from 2024 to 3.4 million tons in November. Shipments were below the month’s 5-year average by 20.3 percent.Year-to-date, the iron ore trade stands at 39.2 million tons, a decrease of 13…
Two cargo vessels were headed for grain port terminals near New Orleans on Monday to load with the first U.S. soybean shipments to China since May, according to a shipping schedule seen by Reuters.A third vessel was en route to a Texas Gulf Coast grain terminal to be loaded with China-bound U…
Star Bulk Carriers reported a weaker third quarter amid softening dry bulk markets, lower charter rates and a smaller operating fleet, while continuing to reshape its fleet through vessel sales, refinancing and newbuilding acquisitions.The company posted net income of $18…