Capesize The Capesize market struggled to hold its value this week as rates ebbed away across all routes. Closing Friday some reprieve was found as the Capesize 5TC closed on a positive up note +1888 to settle at $13,888. The Pacific region which exper…
Dry Bulk Market: Strong Finish to a Lackluster Week Read More »
Ship fuels manufactured using renewable electricity, and made purely from water and the gases found in the atmosphere, are being proposed as the solution to decarbonizing marine shipping. Net-zero by 2050 Countries around the world, including Canada, a…
Decarbonizing marine shipping: clean fuels for a greener future? Read More »
Despite a desire from Mexico to limit its exports until a full stop by 2023, while also eliminating product imports, it seems that the reality is different. In its latest weekly report, shipbroker Gibson said that “when Lopez Obrador was elected as the…
Tankers: Atlantic Trades Will Support the Market Read More »
The ongoing conflict between Russia and Ukraine has the potential to turn into a full-fledged war and, if that happens, it will send the dry bulk freight rates crashing down. Over the past few years, Russia and Ukraine have become major exporters of dr…
Russia-Ukraine war to crash dry bulk crates Read More »
Capesize There was positive sentiment throughout the dry freight sector this past week, including Capesize, as traders returned from Lunar New Year holidays. Activity was clearly seen to be elevated as the Capesize 5TC rose +5095 over the week to close…
Dry Bulk Market: Capesizes on Higher Ground as China Returns to Market Read More »