Capesize The Capesize market softened this week as global market concern’s kept the headwinds coming. The softening of values was felt across all Capesize 5TC routes as the index lowered throughout the week by -4609 to $19,665. Friday saw a slight upti…
Dry Bulk Market: Capesizes Soften This Week Read More »
Seaborne iron ore trade has retreated by 2% so far in the first four months of 2022, as Chinese demand hasn’t been as strong. In a recent weekly report, shipbroker Banchero Costa noted that “global iron ore loadings in the full 12 months of 2021 were u…
Seaborne Iron Ore Trade Down In First Four Months of 2022, as China’s Demand Retreats Read More »
Which is the existing pattern in the relationship between tankers and dry bulk carriers? In its latest weekly report, shipbroker Allied Shipbroking noted that “the extent to which the dry bulk and tanker markets are correlated has always been a topic o…
Tankers Vs Bulkers: Two Sides of the Same Coin? Read More »
Ship owners appear to have returned to the newbuilding market, with many deals being reported last week. In its latest weekly report, shipbroker Allied Shipbroking said that “the newbuilding market managed to make a noticeable rebound this week with se…
Newbuilding Orders Pick Up Read More »
The Baltic Exchange Dry Index (BDI) increased from 1,374 to 5,650 between early January and early October 2021, only to fall back to 1,302 by late January 2022. Since then, the market has enjoyed increased support as Brazilian exports recovered from he…
Slow Supply Growth To Support Dry Bulk Market As Risks To Demand Mount Read More »