The dry bulk market could be in trouble, if the signs from the FFA contracts is any indication. In its latest weekly report, shipbroker Allied Shipbroking said that “market sentiment is a finicky thing to accurately capture and quantify, yet it plays a…
Is the Dry Bulk Market Sentiment Indicating a Downfall on the Way? Read More »
Capesize The Capesize market inched higher this week as increased activity continues to lift expectations with the 5TC closing at $19,874, up 3,660 over the week. The Atlantic remains the more optimistic region. However, closing the week it looks like …
Dry Bulk Market: Capesizes Edge Higher This Week Read More »
Capesize The Capesize market failed to push through to higher values this week as lower activity in the Pacific hampered efforts. The Capesize 5TC closed the week at $16,214. The Atlantic basin has been looking well supported with fixture values contin…
Dry Bulk Market: Capesizes Improved This Week Read More »
On 26 September, soymeal prices in China surged 8% to CNY 5,500 (USD 739) per tonne compared to Monday last week. Following a jump in demand ahead of China’s national day on 1 October some crushers have had to stop production due to a shortage of soybe…
China soybean imports drop 6.2% y/d, potential short-term recovery ahead Read More »
Fewer dry bulk ships were sold for demolition during the course of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas, said that “we have witnessed this week the rates in the dry bulk sector rebound slightly which may once ag…
Higher Dry Bulk Rates Limit Demolition Candidates Read More »