Tag: Imports
Tankers: Diesel Trade Landscape Changed After Surge in Russian Diesel Imports
The diesel trade in ton-miles demand is a totally different “animal”, after Brazil has significantly increased Russian diesel imports. In its latest weekly report, shipbroker Intermodal said that “the diesel import landscape in Brazil has undergone a significant transformation with a surge in Russian diesel imports, impacting the energy and shipping sectors. Diesel prices in…
China Leading Iron Ore Imports in 2023
China’s iron ore imports have increased so far in 2023, helping sustain dry bulk market rates. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive year for global iron ore trade. In Jan-Jul 2023, global loadings of iron ore increased by +3.9% y-o-y to 892.6 mln tonnes,…
Dry Bulk Market: Asia’s Coal Imports Offering Support
The dry bulk market is benefiting from the increase of seaborne coal trade in Asia, with China increasing its imports considerably during the course of the year. In its latest weekly report, shipbroker Intermodal said that “in recent weeks, Chinese economic data has suggested that the world’s second largest economy may be slowing this year…
