The latest monthly shipping review from leading shipbrokers SSY is now available to download.

The report includes comprehensive market analysis accross a range of commodities, energy and shipping markets.

Feel free to use any content, but kindly reference back to SSY as the source.

Highlights include: 

One of the main negatives for dry bulk trade this year has been the reduction in Chinese coal import interest, with inbound volumes (including lignite) down almost 60 Mt year-on-year, to 138.4 Mt in January-July. (P6)

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World steel data show all but one of the world’s major steel producers experienced contraction  in the 1h22. As a consequence, global crude steel output fell -5.5% annually in January-June. (P8)

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After a tentative start, there are signs that the pace of shipments through the Ukrainian grain export corridor in the Black Sea is accelerating. (P10)

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After falling to the lowest monthly level on SSY records in June, average VLCC earnings
improved to an eight-month high of $3,550/day in July, supported by increased cargo supply. (P16)