Shipping investment: Will higher steel values mean dry bulk carriers hold their value?

Investors in middle aged dry bulk tonnage may be cheered by the impact of sustained higher recycled steel values, according to research commissioned by the Baltic Exchange. Analysis of the dry bulk carrier values undertaken by consultancy Zuoz Industrial looks at the potential impact of longer-term higher ship recycling values on five year old tonnage. […]

Grain Highlights 28.01.2023

IKAR estimates the need to resow areas with winter crops in Russia in the spring of 2023 in the amount of 1 million hectares (0.8 – 0.85 in the previous estimate). – In the first half of 2022/23, wheat exports from Russia were 22.7 million tons (+0.2 a year earlier) against a forecast for the […]

Grain Highlights 26.01.2023

According to data from S&P Global Commodity Insights, wheat areas in the United States will be 20.2 million hectares in 2023/24 (+9% compared to 2022/23). – The export duty on Russian sunseed oil in February remains at zero rate, and the export tax on sunseed meal it will rise to 2,200.7 rubles/ton (1,826.9 in January). […]

Grain Highlights 25.01.2023

Over the period January 1-22, 2.8 million tons of grain were exported from Russia (+170% compared to the previous year), including wheat exports of 2,473 million tons (1,253). – According to Fedoil data, the processing of rapeseed in the EU reached 1.7 million tons in December 2022 (+3% compared to December 2021), which is the […]