Demand for secondhand vessels, in terms of enquiries, seems to be on a high at the start of 2022, even if this isn’t currently translated to more S&P deals concluded. In its latest weekly report, shipbroker Intermodal noted that “while it is logica…
Interest in Secondhand Vessels on the Rise Read More »
Despite the demise of the dry bulk market of late, shipowners appear more optimistic in the long run, something shown by their return to shipyards over the past few days. In its latest weekly report, shipbroker Allied said that “another interesting wee…
Dry Bulk Newbuildings on the Rise, Despite Dire Market Conditions Read More »
A copper deficit is set to hit trade and the energy transition hard by the end of the decade, according to Rystad Energy. Global demand for the pink metal will outstrip supply by more than six million tonnes by 2030, unless investment in mining is subs…
Copper investment needed to ensure supply Read More »
There was little support to be found for the Capesize market over the last week as dwindling rates and rising bunker prices slashed earnings for owners with the 5TC Weighted Average dropping to $7,390. The Pacific had little further left to drop as the…
Dry Bulk: Capesizes Face More Headwinds Read More »
Data from China this past week, seems to support the positive narrative, regarding a potential swift rebound of the dry bulk market moving forward. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a slow start to the ye…
China’s Figures Point Towards Dry Bulk Market’s Resurgence Read More »