Capesize The Capesize market softened this week as a lack of fresh cargo and activity, particularly in the Atlantic hampered, efforts to push higher. The Capesize 5TC lowered 1909 over the week to settle at $17,965. A small uptick in sentiment to end t…
Dry Bulk Market Softens This Week Read More »
Volatile path to lower freight rates in near term before recovering in late 2023 with regulation impact on supply and gradual demand recovery Summary Dry bulker earnings have continued to fall over the last three months after a brief rebound in the ear…
Shipping market outlook – Container vs Dry bulk: Q3 2022 update Read More »
The gradual electrification of the global vehicle fleet could bring a structural shift in the tanker market in the long run. But, will that be the case? In its latest weekly report, shipbroker Gibson said that “electric vehicles (EVs) can rightfully cl…
Can The Transition Towards EVs Hurt the Tanker Market? Read More »
Capesize The Capesize market inched higher this week as increased activity continues to lift expectations with the 5TC closing at $19,874, up 3,660 over the week. The Atlantic remains the more optimistic region. However, closing the week it looks like …
Dry Bulk Market: Capesizes Edge Higher This Week Read More »
The carrier industry is now entering a period of managed decline; capacity management will be key to deciding how much of the super-cycle gains the carriers hold on to, says Drewry in its latest Container Forecaster report. Carriers didn’t really have …
Drewry: Managing the decline Read More »