Korea, Republic of, Ulsan - Trade and Shipping
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Norway, Brevik - Harbour
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Canada, Ontario, Oshawa ONT - Harbour
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Poland, Ustka - Local holidays and working hours 2019
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Canada, Quebec, Trois-Rivieres QUE - Trade and Shipping
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United Kingdom, England - Wales, Swansea - Local holidays and working hours 2017
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Supply/demand balance
Overall, we expect the supply/demand balance to tighten in 2023, remain stable in 2024 and tighten again in 2025. Supply is expected to grow by 2-3% in 2023 and by 1-2% in 2024 and 2025. Demand is projected to grow by 3.5-4.5%, 1-2% and 1.5-2.5% in 2023, 2024 and 2025 respectively. Under our low d... Please follow the link to continue reading.
Demand
We forecast dry bulk demand to grow by 4.5-5.5% in 2024 and to fall 1-2% in 2025. Cargo volumes are expected to grow by 1.5-2.5% in 2024 and by 0-1% in 2025. For 2024, we have revised our estimates up 1 percentage point due to stronger than expected iron ore shipments to China during the second quar... Please follow the link to continue reading.
Australia, Queensland, Hay Point - Development
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Australia, New South Wales, Port Kembla - Cargo Handling Facilities
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