Capesize The Capesize market traded sideways this week as the 5TC closed at $10,302, an improvement of +1384 over the week. Lunar New Year holidays ensured the market was more subdued with holidays across Asia. Fixture activity looked to increase towar…
Dry Bulk Market: Capesizes Trade Sideways Read More »
Chances of a significant rebound and potential rally of the dry bulk market seem to be quite high from the third quarter onwards. In its latest weekly report, shipbroker Allied Shipbroking noted that “it was a fairly hot market for Capesize bulkers las…
Dry Bulk Market: Fundamentals Look to Be Improving Read More »
The newbuilding ordering activity has remained quite subdued during the course of the past week, as holidays in China and Asia and an overall negative market sentiment, dampened investment appetite. In its latest weekly report, shipbroker Allied said t…
Demand for Second Hand Bulkers Going Strong, But Newbuildings Still Subdued Read More »
With rates for Capesizes falling to levels lower even from their smaller counterparts, shipping analysts are looking for future trends, which could shape the dry bulk market moving forward. In its latest weekly report, shipbroker Allied Shipbroking sai…
Dry Bulk Market: Will the Current Paradox Become the Norm? Read More »
Capesize The Capesize market looked to have found a bottom by week’s close as rates descended throughout before bouncing back a little at the end. The 5TC weighted average opened the week at $7,390, descended to a low of $5,826 before settling at week’…
Dry Bulk Market: Capesizes Find Bottom Read More »