On Tuesday 27 July, the Indo Pacific Economic Framework for Prosperity (IPEF) meets via video conference, co-hosted by US Trade Representative Katherine Tai and Commerce Secretary Gina Raimondo. IPEF was launched by President Biden In May 2022 with four wide-ranging aims – fair and resilient trade; supply chain resilience; infrastructure and clean energy; and tax and corruption cooperation. IPEF has 14 member nations: Australia , Brunei, Fiji, India, Indonesia, Japan, South K

Macro-economic signals may be downbeat but bulker fundamentals remain encouraging Here's the Executive Summary to our latest Bulk Carrier Market Outlook quarterly for Q3 2022 . Click here to read the full report and get exclusive access to our seasonally adjusted five year forecasts for Capesize, Panamax, Supramax and Handysize Baltic Indices. And, just for Macro Macchiato readers who use the discount code HEATWAVE there is a 33% discount until the end of July. Macro-Economic

A Capesize Green Corridor between Australia and China is Feasible, with Carbon Tax Breaks C5 is the Baltic Exchange’s code for the voyage from Australia to China on Capesize ships. It carriers the heaviest weight in the Baltic Capesize Index and therefore is a key component of the Baltic Dry Index, used as a bellwether by investors the world over. It is a vital trade route for a vital commodity. How hard would it be to decarbonise it? I’ve had a go at estimating the numbers