Capesize The Capesize market continues to struggle as demand for iron ore remains weak. Vessels in the Atlantic have had difficulties finding cargo, while those available have been fought over with prices diving as a result. The Transatlantic C8 bottom…
Dry Bulk Market: Capesizes Continue to Struggle Read More »
Capesize The Capesize market is going through a rough period as trading pushed valuations into untenable sub-operating expense territory over the week. The Capesize 5TC dropped -$2,854 week on week to finish at $3,413. With rates so low and the outlook…
Bulk report – Week 34 Read More »
Capesize The Capesize market continues to dwell in the doldrums as any attempts to spark a rally were quickly dealt a hammer blow as the 5TC closed the week at $10,898. This rate level is less than a third of the same time last year. The market was rea…
Dry Bulk Market: Recovery Still Elusive for the Capesize Market Read More »
The dry bulk market could be heading for a revival moving forwards. In its latest weekly report, shipbroker Allied Shipbroking said that “one month into the 2nd half of the year, and we still see an ongoing debate as to the state of the global economy …
Dry Bulk: Freight Rate Market Could Be Heading for a Rebound in the Coming Weeks Read More »
Capesize The Capesize market had a forgettable week for owners as rates slipped away, closing the week below $15,000 on the 5TC. The Pacific and Backhaul trade saw some particularly sharp declines as charterers took full advantage of the weaker sentime…
Dry Bulk Market: Capesizes Had a Forgettable Week Read More »