Seaborne coal trade was one of the major “losers” of 2020, as total loadings fell significantly as a result of lower demand. In a recent weekly report, shipbroker Banchero Costa said that “2020 proved to be a truly terrible year for seaborne coal trade…
Seaborne Coal Trade Took a Major Hit in 2020 Read More »
Forward freight agreement (FFA) trades for a basket of 38,000-dwt handysize time charter rates will help operators take longer-term cover with less risk, says leading shipbroker Simpson Spence Young. Following an ever-strengthening charter market, SGX …
Handysize 38kt time charter average FFA is ‘perfect timing’ Read More »
Shipping shouldn’t get too carried away by the bullish sentiment which is prevalent in the commodities markets these days, amid talk of a new “super-cycle”. Sustainability of demand is of paramount importance when it comes to maintaining an upward mome…
Freight Market Vs Commodities Rally: A Match Made In Heaven? Read More »
Amidst the rapidly improving sentiment for the whole dry bulk shipping market, February witnessed multi-year record breaking performance for the smaller asset classes of Supramax and Handysize bulkers. BSI 10TC routes broke the US$20,000/d mark for the…
S&P Frenzy supercharged by Handy / Supramax rates environment Read More »
Capesize The market took on a mild downward slide during this week with the 5TC opening at $14,224 to close out at $11,934. The Pacific basin on its own showed a little more stability, remaining largely flat on the transpacific C10 and ending the week …
Dry Bulk Market: Capesizes Experience Mild Downward Slide This Week Read More »