World Perspectives

WPI Grain Transportation Report

Dry bulk markets were quiet and mostly flat last week. Spot rates softened a little bit as vessel owners threw in the towel on waiting for improved demand. Most hopes for any recovery in rates now rests on the new U.S.-China trade deal.  After the positive meeting between Presidents Xi and Trump on Thursday in South Korea, sentiment and rates did improve for parts of the dry-bulk sector. The grain-focused Panamax and Supramax markets in particular saw a little better support further out on the forward curve. Spot rates, however, remain weak with traders waiting to see improved cargo volumes from the U.S. Gulf and PNW before chasing the market.  One of the big factors for grain traders is this week’s sudden change in the comp...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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