The South African iron ore trade has had a mixed year so far. During the nine-month period of 2022, the third largest iron ore exporter has increased its shipments to China, while those towards the EU have been lowered. In its latest weekly report, shi…
South Africa Iron Ore Exports to the EU Retreat, While China Imports More So Far in 2022 Read More »
Capesize values for older vessels rose in October with prices for 15 year old tonnage up 9.55% since the start of Q4 to USD 22.23 mil. Of the sale and purchase transactions recorded last month, the average age was 19 years. Values for this sector moved…
Capesize values for older vessels rise in October Read More »
Despite the latest developments regarding Russia’s pulling out from the UN grain deal, it seems that the seaborne grain trade’s fundamentals are favorable for ship owners. In its latest weekly report, shipbroker Intermodal said that “global grain trade…
Grain Trade Could Provide Additional Support to the Dry Bulk Market Read More »
Capesize The Capesize market is in need of a large cargo injection to rally rates in the run-up to the end of the year. Activity levels showed small pockets of strength, yet fixing values have continued to decline throughout the week. The Capesize 5TC …
Dry Bulk Market: Capesizes Need Cargo Influx To Recover Read More »
Handysize values have increased this month across most ages, following a period of decline. Values for generic 10 year old Handysizes have moved up by c.2% since the start of October to USD 16.70 mil. Interest in the Handysize sector has led Bulker sal…
VesselsValue: Handysize values moving up in October, While LNG Values Skyrocket Read More »