A significant increase has been notable in the dry bulk market S&P activity so far in 2024. In its latest weekly report, shipbroker Xclusiv said that “the dry bulk market has witnessed significant activity in the first nine months of 2024, with a s…
Dry Bulker Acquisitions Rise by 34,5% This Year Read More »
China’s latest stimulus measures are unlikely to trigger a rise in demand for iron ore imports and as such, for Capesizes. In its latest weekly report, shipbroker Intermodal said that “last week, the PBC introduced a significant set of economic measure…
Dry Bulk Market: China’s Stimulus Unlikely to Increase Cargo Demand Read More »
The Capesize market experienced a steady decline throughout the week, marked by softening conditions across both the Atlantic and Pacific basins. In the Pacific, early week activity from the miners and operators saw some momentum, but as the Golden Wee…
Dry Bulk Market: Capesize Market Weakened Last Week Read More »
This week’s focus is on the U.S. port congestion amid recent port strikes. The ongoing U.S. port strikes, particularly at the Port of New Orleans, are causing significant congestion and delays. As one of the key Gulf Coast ports, New Orleans hand…
Dry Weekly Market Monitor: US port strikes – New Orleans congestion Read More »
Capesize This week saw significant positive momentum in the Capesize market. The BCI 5TC surged by $3,436, closing the week at $30,598, driven largely by robust activity in the North Atlantic region. Monday began with an encouraging uptick in both the …
Dry Bulk Market: Capesizes Showing Positive Momentum Read More »