In the following weeks Klaveness Research will in a series of articles have a look at how we believe the fundamentals impacting dry bulk freight rates are shaping up for 2021. In the first article we started off by having a look at the big picture. In …
2021 Dry Bulk Outlook – Minor Bulks Read More »
The Round Table of international shipping associations pen open letter to Amazon boss Jeff Bezos. • The Round Table of international shipping associations pen open letter to Amazon boss Jeff Bezos • 90% of global trade relies on shipping – underpinning…
This year, tanker shipping will not benefit from the usual strong winter seasonal effect. Though the new lockdowns being introduced in many countries are less strict than in the spring, the effect on tanker shipping will be worse, given the oil supply …
Tanker shipping: worst not yet over as industry pays for strong second quarter Read More »
The second half of the year has provided some cheer for the dry bulk market, with all ships in the spot market averaging earnings above the break-even point, though not high enough to make up for losses made during the first part of the year. Seasonal …
A fall in Chinese coal demand and a second round of European virus lockdowns has deflated a nascent dry bulk recovery, despite strong demand for iron ore. The latest MSI HORIZON* monthly sector report notes that spot freight rates for all bulker benchm…
Second round of lockdowns takes wind out of dry bulk recovery Read More »