Dry bulk freight rates have been hammered down lately. In this article we will look at the main drivers behind the drop and whether it is reasonable to expect that these effects are temporary or if we should expect them to last into next year. Let’s st…
Dry Bulk Freight Rates Have Been Hammered Down Lately: What’s Going On..? Read More »
Capesize The Capesize market has endured another difficult period of sliding rates as the 5TC sustained losses week-on-week of -8866 to close out at $27,199. On the brighter side, after a month of descent, the Capesize market sentiment closed on a posi…
Dry Bulk Market: Capesizes Still Under Pressure Read More »
The dry bulk market has entered a new reality of late, with rates retreating across the board, as evidenced by the Platts Dry Bulk weighted average indexes pictured. “With China slowing down on purchases of coal and iron ore as well as other minor bulk…
Dry Bulk Market On a Steep Slowdown as Demand Ebbs Read More »
The dry bulk market’s upwwards momentum seems to be a thing of the past, as market observers brace themselves for a couple of rough months ahead. According to Mr. Thomas Chasapis, Research Analyst with Allied Shipbroking “having closed of the first mon…
Positive Momentum Evaporates from the Dry Bulk Market Read More »
Capesize The Capesize market was in dire straits this week as tonnage levels were heard to be building while many areas had minimal activity as the 5TC dropped -15,398 to $36,065 week on week. The Pacific Basin was under pressure earlier on in the week…
Dry Bulk Market: Capesizes In Dire Straits This Week Read More »