Ship owners are still more active in the S&P market, rather than the newbuilding one, with delays and cost increases acting a deterrents. In its latest weekly report, shipbroker Allied Shipbroking said that “activity of the newbuilding market is st…
Second Hand Acquisitions Still the Main Market Mover Read More »
Amid a climate of increased uncertainty fuelled by a variety of admittedly worrying factors, investors’ appetite for newbuilding orders in the dry bulk segment remains relatively controlled, thus offering ground for low fleet growth and utilization pro…
Dry Bulk Newbuilding Review: The Spring Sentiment Read More »
The dry bulk market has been filled with S&P deals over the course of the past few weeks, despite a series of holidays around the world. In its latest weekly report, shipbroker Intermodal commented that “almost through half of the year, the overal…
Dry Bulkers in High Demand Despite Holiday Festivities Around the World Read More »
Capesize The Capesize market had the wind in its sails as rates jumped in all regions. The 5TC ended the week at $32,733, a rise of 8731 week on week. While the Shanghai Covid situation continues to hamper vessel movements across all sectors, the Capes…
Dry Bulk Market: Capesize Market Jumps Across the Board Read More »
In a notice released on 5 May 2022, India’s Ministry of Power instructed all power plants to increase their imports of coal. Specifically, the Ministry demands that power plants designed to run on domestic coal start importing at least 10% of their req…
India’s coal import decision to reverse 10% YTD drop and add tonne miles Read More »