Capesize Both the overall index and timecharter average (5TC) gradually recovered back to the level last seen at the end of October, with BCI and 5TC posting at 4594 and $38,096 by the end of the week. Tonnage appeared tight in both basins. In the Atla…
Dry Bulk Market: Capesize Class is Gradually Recovering Read More »
Capesize The Capesize market was a mixed bag this week as routes ebbed and flowed giving little clear direction for traders. The market carried through positive sentiment from the prior week, yet was unable to sustain gains on the 5TC by midweek and bo…
Dry Bulk Market: Capesize a Mixed Bag This Week Read More »
Seaborne coal trade has reversed the downward trend of the past couple of years, with 2021 so far being in positive territory. In a recent weekly report, shipbroker Banchero Costa said that “2021 continues to see a steady but consistent recovery in coa…
Coal Seaborne Trade on the Rise in 2021 as new Routes Emerge Read More »
Ship owners are still rather active in the S&P market for dry bulk carriers. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, interest was once again vivid, despite the corrections noted in the freight ear…
Dry Bulk Carriers Still In Demand Despite Recent Market Downside Read More »
The dry bulk market is looking for a steady course of late, as volatility seems to have established itself as the main trend. In its latest weekly report, shipbroker Allied Shipbroking said that “it is rather difficult to describe the current situation…
Dry Bulk Market Looking for a Clear Direction Read More »