However, the medium-term outlook for the dry bulk sector looks cloudier amid strong competition for grains shipments between the US and Brazil and a poor demand outlook for coal,” says Gouveia.
For the dry bulk sector, a change in trade patterns for US grains, the largest cargo transiting through the canal, has contributed to a reduction in Panama Canal transits. The US is increasingly ...
As world trade continues to grow and the bulk shipping surplus in most sectors falls more closely into balance, the components necessary for profitable shipping should definitely be in evidence.
But China somewhat sat out on that rush. Milestones were notched among the top U.S. bulk grain destinations in 2024 as average export prices fell by more than one-fifth versus 2023. Lower prices ...
For the dry bulk sector, a change in trade patterns for US grains, the largest cargo transiting through the canal, has contributed to a reduction in Panama Canal transits. The US is increasingly ...