Shipbroker Banchero Costa reported in its latest weekly update that 2025 proved to be another favorable year for the global seaborne iron ore trade. The firm noted a substantial increase in export volumes, indicating a robust market.
According to Banchero Costa, global loadings of iron ore rose by 3.5% year-on-year during the period from January to December 2025. This growth resulted in total loadings reaching 1,732.0 million tonnes for the year.
The data used for this assessment was based on AXS Marine vessel tracking information, providing a detailed overview of the movements in the iron ore market. This methodology ensures a comprehensive analysis of trade flows.
The positive momentum observed in 2025 has reportedly carried over into the current year. Banchero Costa indicated that 2026 has also started on a strong note, with export volumes continuing to show an upward trend.
This sustained growth in iron ore exports highlights the ongoing demand within the dry bulk market. The consistent increase in seaborne trade volumes suggests a healthy global appetite for this key commodity, as reported by Hellenic Shipping News.
