Container shipping: The boom in the container market is continuing with no sign of abatement in the near term. Container freight rates on some routes are close to USD 13,000 per 40-foot container, which almost guarantees record profitability for carrie…
Capesize The Capesize market endured a week of eroding value across all regions as the 5TC lowered $2,430 week on week to settle at $28,572. While the Pacific’s West Australia to Qingdao C5 route closed out Friday up 25 cents to $10.841, appetite from …
Dry Bulk Market Loses Steam Read More »
A recovery for the tanker market is long overdue, but it seems that owners could have to wait a little longer. In its latest weekly report, shipbroker Gibson said that “as global oil demand charts a path to recovery it is becoming increasingly clear th…
Tankers Could Face Lenghty Wait For Market Recovery Read More »
Head of Klaveness Research, Peter Lindstrøm shares his views on the main drivers of the current booming dry bulk market and why the dry bulk outlook is at a new peak, since the China boom. KCC, having around 65% of its capacity in the dry bulk market i…
Klaveness: “Higher earnings in dry bulk is not a false dawn, it’s only the predawn!” Read More »
Capesize It has been a decidedly mixed week on the large bulkers, with limited activity in the Pacific for the majority of the week. It did show signs of life on Friday with a strong cargo count in the North Atlantic. But sentiment seemed to weaken as …
Dry Bulk Market: Capesize Market Sentiment Weakens Read More »