With Capesize earnings expected to remain firm, the strength of the Cape market is likely to continue to support Panamax freight rates. A key driver of this continued correlation will be competition on major coal routes that still employ both Cape and …
Structural shift in Capesize trade supports Panamax coal opportunities Read More »
Capesize The week began with renewed optimism, led by a firmer Pacific market as all three major miners returned to the market and operator cargo volumes appeared healthy. Early strength in the Pacific, supported by fixtures above $10.00 on C5, set a c…
Dry Bulk Market: Capesizes Showing Signs of Promise Read More »
The improvement in one-year time charter earnings has reshaped the VLCC secondhand market. The recent strong cash generation and improved freight visibility have pushed asset values sharply higher, not only for modern units but also for overaged units….
VLCC second-hand prices at decade highs Read More »
Sinokor Merchant Marine has swiftly established itself as a major operator in the VLCC segment, acquiring more than 50 second-hand vessels while also adding substantial tonnage through time-charter arrangements. The expansion has reportedly been financ…
Rising ownership concentration: What it means for the VLCC market Read More »
This week’s focus highlights the softening trend in TSOP data flows for Indonesian thermal coal shipments to India, particularly within the Panamax vessel segment, toward the end of February. The deceleration in shipments coincided with adjustments to …
Panamax Freight view – Indonesia Thermal Coal to India Read More »