The dry bulk market is slated for a renewed rally during the summer months, one which could see rates return to records not seen since 2008. In its latest weekly report, shipbroker Allied Shipbroking said that “last week’s (7-11 June) stellar performan…
Dry Bulk Market Could Be Headed Back to 2008 Read More »
Global food trade looks set for a resilient year ahead despite supply and demand uncertainties, according to a report from the Food and Agriculture Organization of the United Nations (FAO). Trade flows for agricultural, and particularly less-perishable…
The dry bulk market’s potential is feeding more newbuilding orders for bulkers. In its latest weekly report, shipbroker Allied Shipbroking said that “the positive sentiment in the dry bulk market and the persisting attractive freight earnings in the dr…
Newbuilding Orders’ Pace Still High Read More »
Ship acquisitions in the dry bulk market have boomed since the start of 2021. In its latest weekly report, shipbroker Allied Shipbroking said that “five months have now past in 2021 and the data depicts so far a major growth in dry bulk SnP activity co…
Ship Acquisitions in the Dry Bulk Market Are Booming Read More »
Capesize The Capesize market leapt up in the latter part of the week, erasing most of the losses since the closing week of May. The Capesize 5TC opened the week with a relatively paltry $20,933, took some moderate losses early in the week to $19,845 be…
Capesize Market Bounces Back After Dismal Start to the Week Read More »