Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Panamax vessels lose out in Q3 as shifting grain trade boosts smaller bulk carriers

Panamax bulk carriers have emerged as the principal losers from changing global grain trade patterns, while smaller Supramax and Handysize vessels have benefited from the redistribution of wheat and corn shipments, according to new research from international shipbroker IFCHOR GALBRAITHS (IG). The analysis reveals that Panamax wheat and corn shipping demand fell by 27.65 billion ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

More in Finance & Markets

Hormuz Oct crossings at 3-month high despite attacks, Red Sea traffic also rises

Strait of Hormuz shipping traffic rose to its highest monthly level since July in October, supported by stronger dry-bulk and LNG movements despite a decline in VLCC traffic and mounting regional…

  • October shipping traffic through Hormuz reached 3-month high at 750 transits
  • Dry bulk and LNG vessels drove increase despite 30 attacks and security threats
  • Red Sea traffic through Bab al-Mandab rose to 1,196 transits in October

More from Tuesday 3 November →