Capesize Week-on-week the average of the weighted 5TC average declined $790, finishing the week at $17,175. The Brazil to Qingdao trade slipped two dollars throughout the week, whilst the West Australia to Qingdao trade remained static in the low/mid $…
Dry Bulk Market: Capesize Segment Loses Steam Read More »
The Drewry dry bulk equity index has been outperforming the Baltic Dry Index (BDI) since the start of the year. The constituents of the Drewry dry bulk equity index continue to benefit from their higher exposure to the time charter market where rates r…
Decoding the fall in stock prices of dry bulk companies Read More »
China’s economic recovery is hinging on a number of policies, which in turn could be forged during this week’s congress of the country’s ruling Communist party. In its latest weekly report, shipbroker Allied Shipbroking said that “yesterday marked the …
Shipping: Can China Offer a Helping Hand? Read More »
As a part of European Union sanctions against Russia, the block banned coal imports from Russia starting 10 August. About two months have passed and Russia has struggled to redirect its coal exports, with export volumes down 7.0% y/y in this period and…
Russian coal exports fall 7.0% as EU sanctions bite, tonne miles up Read More »
Capesize The Capesize market softened this week as a lack of fresh cargo and activity, particularly in the Atlantic hampered, efforts to push higher. The Capesize 5TC lowered 1909 over the week to settle at $17,965. A small uptick in sentiment to end t…
Dry Bulk Market Softens This Week Read More »