Wars and other geopolitical factors aside, the dry bulk market’s seasonality, is taking its toll in the freight market. However, it seems that from the second quarter of the year and onwards, a recovery could begin to take shape. In its recent weekly r…
Dry Bulk Market Could Be Heading Towards a Recovery Read More »
The ongoing conflict between Russia and Ukraine has the potential to turn into a full-fledged war and, if that happens, it will send the dry bulk freight rates crashing down. Over the past few years, Russia and Ukraine have become major exporters of dr…
Russia-Ukraine war to crash dry bulk crates Read More »
Capesize There was positive sentiment throughout the dry freight sector this past week, including Capesize, as traders returned from Lunar New Year holidays. Activity was clearly seen to be elevated as the Capesize 5TC rose +5095 over the week to close…
Dry Bulk Market: Capesizes on Higher Ground as China Returns to Market Read More »
The dry bulk market trade’s benchmark trade, i.e. China’s iron ore imports are undergoing a structural shift, with the country looking to reduce its import dependence from Australia, in favor of other countries. As a result, the dry bulk market is expe…
China’s Iron Ore Imports Mix Could Lead to Dry Bulk Market Structural Change Read More »
With the continuing COVID-19 pandemic and the 2022 Winter Olympics dampening the economy development, mainland China’s GDP growth in the fourth quarter 2021 was 4%, which is lower than the 4.9% growth recorded in the previous quarter and 6.5% low…