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Macro environment

The International Monetary Fund (IMF) forecasts the global economy to grow by 3.2% in 2025 and by 3.3% in 2026. The IMF reports a weaker outlook for China, Latin America and the European Union. Inflation has continued to abate since our last update and advanced economies have started easing interes... Please follow the link to continue reading.

26 Oct 2021 - Chinese coal and iron ore imports down from last year

Despite the very strong freight rates and the apparently tight market, the all-important driver for dry bulk shipping, China, has in fact seen imports of its two largest dry bulk commodities shrink year-on-year so far this year. The two largest imported commodities for China, iron ore and coal are h... Please follow the link to continue reading.