In the first two months of 2021, Brazilian iron ore exports have risen by 9.1% to 53.0m tonnes, driven by China. So far this year, 35.2m tonnes of iron ore has been exported to China, representing a 15.2% increase from the same period last year and sta…
China’s One-Sided Recovery Drives Iron Ore Market Back Up Read More »
C apesize It was another rollercoaster week with high activity on the west Australia and Brazil to China routes. The Capesize 5TC opened the week at $14,794 to move quickly up to $17,889 at midweek before tailing off towards the weekend at $16,741. Whi…
Dry Bulk Market: Capesize Market Edges Higher Read More »
Brazilian exports of soya beans disappointed in February, the first month of its export season. Exports reached just 2.9m tonnes, representing a 40.1% drop compared with the first month in the last season when exports totalled 4.8 million tonnes. The s…
Brazil kicks of soya been export season with a 40.1% drop Read More »
With the global economy and trade expected to develop rapidly in the post-pandemic period, shipbrokers expect that the dry bulk market and more specifically, freight rates for mid-sized bulkers could be the main beneficiaries. In its latest weekly repo…
Mid-Sized Bulkers To Benefit From Post-COVID Recovery Read More »
Capesize The market has surged during the last couple of days of the week to trade in the upper region of its recent range. Gaining $920 on the last trading day of the week the Capesize 5TC settled at $14,794, which reflected the solid trading activity…
Dry Bulk Market: Capesizes End the Week on a Strong Note Read More »