Archive for July 19th, 2021

Is the US-China trade war dead? It certainly is for US agricultural exporters, although renewed demand is bringing with it the specter of soaring bulk shipping costs. Indeed, ship owners are enjoying something of a commodities supercycle that is driving up both the prices of raw materials and ship owner profits.

Overall demand for bulk shipping in the first four months of 2021 reached a record 1.69 billion tonnes, up 6.1% compared with the same period last year, according to shipping ...