Rising M&A to boost dominance of global container terminal operators
M&A-led growth strategies will propel leading regional terminal operators and container shipping lines into the global terminal operator rankings next year, according to Drewry’s latest Global Container Terminal Operators Annual Review and Forecast report. While the position of the largest global terminal operators (GTOs) at the top of the rankings look secure, the number of […]
Grain Highlights 26.07.2023
Authorities in India have imposed a ban on the export of white rice starting from July 20, 2023. Since India holds 40% of the world’s rice exports, any policy change there leads to price fluctuations. During the period of July 1 to July 20, 2023, Russia exported 4.12 million tons of grain, including 3.258 million tons […]
Old Ships Remain in Service as Demo Candidates Few and Far Apart
The ship recycling market has seen limited activity for a number of weeks, as more and more old ships remain active, instead of being sold for scrap. The uncertainty regarding future “green” technologies and limited newbuilding deliveries are contributing factors to the above trend. In its latest weekly report, shipbroker Clarkson Platou Hellas said that […]
Grain Highlights 25.07.2023
Rusagrotrans forecasts a record wheat export from Russia in July, ranging from 4.1 to 4.2 million tons (the previous best result was 4 million tons in 2018). During the period from July 1 to July 23, 1.385 million tons of grain were exported from the Russian port of Novorossiysk (0.54 in July 2022 and 0.45 in […]
Baltic index logs 10% weekly drop as demand for larger vessel wilts away
The Baltic Exchange’s main sea freight index closed the trading week at a 10% decline, pressured by lower demand in the larger vessel segments. The overall index that factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, however, edged up by 1 point to 978 on Friday. The capesize index […]
Grain Highlights 23.07.2023
IKAR predicts that the 2023/24 production of oilseeds in Russia will reach 27.5 million tons (compared to 29.1 million tons in 2022/23). According to data from Rusagrotrans, Russia’s wheat exports are expected to reach 4.1 – 4.2 million tons in July 2023 (surpassing the previous record of 4 million tons in July 2018). IKAR predicts […]
Grain Highlights 22.07.2023
According to IKAR’s forecast, the total grain production in Russia will be 134.5 million tons in 2023, including wheat production of 86.5 million tons (86 in the previous estimate). – According to IKAR’s forecast, the total grain production in Russia will be 134.5 million tons in 2023, including wheat production 86.5 million tons (86 in […]
Grain Highlights 21.07.2023
Ukraine proposed to the UN and all interested parties to change the route of ships carrying grain from Ukrainian ports through the territorial waters of Romania and Bulgaria to Turkey. – In the Stavropol region of Russia, 1.5 million hectares were harvested with all crops (68% of all areas) and 5.2 million tons of grain […]
Grain Highlights 20.07.2023
According to Safras&Mercado’s forecast for 2023/24, the corn areas in Brazil will be 22 million hectares (22.2 in 2022/23), including a first corn crop areas of 4.1 million hectares (4.2) and a second corn crop areas of 15.4 million hectares (15.5). Without exports from seaports, Ukraine’s monthly export of products will be at a maximum […]
Grain Highlights 19.07.2023
During the period from September to December 2023, soybean imports to China from Brazil may increase due to high prices of soyoil in the US, and consequently, the prices of soybeans. In June, Ukraine exported 476,000 tons of sunseed oil (+5% compared to May), including 256,000 tons to the EU (+37%). During the first 10 […]