Capesize The Capesize market was in a ‘one step forward, two steps back’ mode this week. The average of the 5 time charter routes eventually settled at $12,598, a decline of $775 week-on-week. Despite tightness in both basins, especially for December c…
Dry Bulk Market: Positive Signs Are Starting to Emerge Read More »
The global iron ore seaborne trade has been on the decline so far this year. In its latest weekly report, shipbroker Banchero Costa said that “so far in 2022, iron ore trade softened again, primarily due to weaker demand from China and supply issues in…
Global Iron Ore Loading Down This Year Read More »
The dry bulk market could receive a boost from the existing condition in the Black Sea grain market. In its latest weekly report, shipbroker Intermodal said that “global grain markets continue to remain stretched. Drought, high temperatures, heavy rain…
Black Sea Region Could Add Further Support to the Dry Bulk Market in the Coming Months Read More »
Capesize The market ended the week on a high as the Atlantic region stepped up its activity and ignited other regions to also build in value. The Capesize 5TC now stands at $13,373. That is hardly an impressive level for this time of year – or in…
Dry Bulk Market: Capesize Segment Supported by Demand in the Atlantic Region Read More »
This year is crucial for the energy mix in European countries, as the EU has imposed new sanctions on Russia. It is important to emphasize that the EU sanctions against Russia do not affect the agricultural and food sectors. On November 14, the British…
Seaborne coal flows in 2022 Read More »