China fills Gulf void as war redraws cement feedstock trade

AI Summary

China has benefited from disruptions in Middle Eastern dry bulk trades by increasing its limestone exports, filling gaps left by the Persian Gulf supply collapse. This surge has boosted employment for geared bulkers and altered international trade flows for cement feedstock.

China has emerged as an unlikely beneficiary of the disruption to Middle Eastern dry bulk trades, with soaring limestone exports helping fill a hole left by the collapse in Persian Gulf supply and providing fresh employment for geared bulkers. Recent analysis from Greek broker Ursa shows Chinese international limestone exports reached 5.49m tonnes in the …