The dry bulk market has completed a remarkable summer and as we head towards the end of 2021, market delegates are trying to determine whether it can take the next step forward or not? In its latest weekly report, shipbroker Allied Shipbroking said tha…
Will the Dry Bulk Market Take the Next Step Forward? Read More »
Capesize Both the overall index and 5 time charter (5TC) average climbed back to positive territory at the end of the week after a mid-week decline. BCI closed the week at 6162, which is slightly higher than the Monday opening at 6114. The 5TC recorded…
Dry Bulk Market: Capesizes Ends the Week on a High Read More »
The dry bulk market has rallied to levels not seen since 2010. However, this latest rise could be short lived, as a result of weakening fundamentals. In its latest weekly report, shipbroker Allied Shipbroking said that “in the midst of August, the dry …
Prices for second hand bulkers has soared over the past few weeks, in tandem with the rally in the freight rate market. By the 24th of August 2021, the Baltic Dry Index had reached 4,201, a year to date high and the highest since May 2010. In its lates…
“Unbelievable” Dry Bulk Market Rally is Pushing Ship Values Higher Read More »
Investment appetite for more dry bulk carriers has been rather high of late, thanks to a renewed rally in the dry bulk market. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, it was a very interesting 2-week …
Ship Owners Move for More Bulkers Read More »