- Container ship order book hits new record high of 8.3m TEU
- Dry bulk contracting falls 70% below average amid low rates
- New wheat export tariffs could intensify 5% Russian export loss
- BDI still down 10% despite recovery in capesize demand
- Coal shipments to advanced economies heading for a 15-year low
New wheat export tariffs could intensify 5% Russian export loss
Between January and November 2024, Russian seaborne dry bulk exports have decreased 5% y/y, driven by a 10% y/y decrease in coal shipments. The price competitiveness of Russian coal has deteriorated, compared to Mongolian, Indonesian and Australian cargoes, and a gradual increase in exports over land to China has also contributed to this decline.
MEMBER SECTION
If you are a member, please login using the orange button at the top of the page to view the full article, or register.
If you are unsure of your membership, or wish to become a member, please contact membership@bimco.org.
Posted:
05 December 2024
BIMCO's Shipping number of the week
Latest market analysis
ELSEWHERE ON BIMCO
Contracts & Clauses
All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.
Learn about your cargo
For general guidance and information on cargo-related queries.
BIMCO Publications
Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.
