Capesize The Capesize market started the week slowly due to the Hari Raya Puasa holiday in Singapore but gained momentum as trading resumed. The Pacific saw a midweek rebound, driven by strong C5 activity, with all three miners fixing in the low $9s. A…
Dry Bulk Market: Capesize Sentiment Turning Bearish Read More »
Over the past several weeks, the Supramax freight market has witnessed a remarkable recovery, particularly on the Baltic Exchange’s S8 route — which covers South China via Indonesia to East Coast India, a key corridor for coal shipments. Recovery Timin…
Dry Weekly Market Monitor: Supramax S8 Route Surges Amidst Tightening Tonnage Supply Read More »
Capesize The Capesize market started the week on a firmer note but gradually softened as activity failed to gain momentum. The BCI 5TC began positively at $22,311 but declined steadily, closing the week at $20,503. In the Pacific, initial optimism driv…
Dry Bulk Market: Capesize Rates Gradually Softening Read More »
Shipowners have increased their investments in the secondhand dry bulk market. In its latest weekly report, shipbroker Banchero Costa commented that “in the dry segment, the cape BULK PROVIDENCE 180,000 dwt 2010 STX Shipbuilding built (SS due 2026 BWTS…
Shipowners Boost Investments in Dry Bulkers Read More »
Cargo movements into and out of the United States could be re-shaped by proposals to levy fees on port calls by Chinese built or operated vessels, as well as potential sanctions based on whether the operator controls ships built in China or has tonnage…
Will port fee proposals reshape US dry bulk imports and export trades? Read More »