Dry cargo market report dated 10 March 2023
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Argentina, Santa Fe, Rosario - Harbour
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Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for both 2024 and 2025 compared to our previous forecast due to a weaker outlook for coal as renewable electricity production accelerates. Average sailing distances ... Please follow the link to continue reading.
Demand
In our base case scenario, we expect global dry bulk cargo volume to grow between 1.5% and 2.5% in 2023 and between 1% and 2% in 2024. Average haul is expected to increase between 0.5% and 1.5% in 2023, driven by sanctions on Russian coal and higher iron ore and grain shipments from Brazil. In July... Please follow the link to continue reading.
USA, Louisiana, Baton Rouge LA - Harbour
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Mozambique, Maputo - Harbour
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Argentina, Entre Rios, Concepcion del Uruguay - Harbour
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Global rice exports could fall 4% due to India's export restrictions
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USA, Louisiana, Baton Rouge LA - Cargo Handling Facilities
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China, Shanghai - Harbour
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