There are numerous barometers out there that offer a window to the global economy. The oil price is one. Gold is another. Those of an FX bent might prefer EUR/USD, USD/JPY or even GBP/USD, although the UK’s Brexit travails may have marked that particul…
Nordea: Global economy looks to shipping as trade war reverberates Read More »
Capesize A roller-coaster week for the big ships with hopes soaring at the start for a mini last quarter revival, only to be dashed as the week closed out. The West Australia/China rates nudging $9.00 by Tuesday having closed out the previous week at n…
Dry Bulk Market: Capesizes Had a Roller-coaster Week Read More »
The first twelve weeks of the 2018/19 marketing year, which started on 1 September 2018, have painted a dire picture for US soya bean exports which are 43% lower than in the same period last season. Down from 21 million tonnes of accumulated exports by…
Trade War Leading To Headwinds For The Fragile Dry Bulk Recovery Read More »
For some time the question of whether the Monroe v Ryan [1935] 2 KB 28 authorities apply when there is neither a loadport Expected Ready to Load Date (“ERTL”), nor Estimated Time of Arrival date (“ETA”), has been open. The question of course touches up…
Shoring up early principles Read More »
In recent weeks we have seen a steady increase in Sale and Purchase (S&P) activity, despite the downward pressure that the dry market has been experiencing both on the spot and period front. The sentiment for the short-term also seems to be positiv…
Bulk Carrier S&P on the up despite market low point Read More »