The dry bulk market has been in correction mode for the most part of the past few weeks and the start of 2022 has been no exception. However, this period of lean earnings, could also be a good time to invest more in the segment, as rates are bound to r…
Capesize Market Suffering, Drags Dry Bulk Rates Lower Read More »
Capesize The Capesize market endured a somewhat traditional post-holiday Q1 drop as the 5TC descended -7760 over the week to settle at $12,407. Trading activity was relatively quiet over the week as news from Brazil reported high rainfall affecting min…
Dry Bulk Market: Capesize Market Retreats at the Start of 2022 Read More »
The dry bulk market had one of its best years in 2021 and the success story could repeat itself in 2022 as well. In its latest weekly report, shipbroker Allied said that “the dry bulk sector, undoubtedly, began the new year with a strong start. We are …
Dry Bulk Market Could Be in For Another “Hit” Year Read More »
Vessels classes deemed out of favor and obsolete a few years back, made their glorious return during 2021, riding the wave of favorable market conditions, both in the dry bulk and the container segments. In its latest weekly report, shipbroker Intermod…
The Freightos Baltic Global index remained stable to end the year, increasing just 1% in December to $9,43/FEU, though rates are still 179% higher than a year ago and more than 6X the pre-pandemic norm. In this year’s version of the post-peak season an…
FBX Index December: Market Summary Read More »