A lack of correction in terms of the dry bulk market during most of January, has led to asset prices retaining their high values. Contrary to past years, when January usually was a “lackluster” month freight-rate wise, this time around was different. A…
Dry Bulk Tonnage Pricing: Finding Value in the Market Read More »
Capesize The market was predictably quiet by the end of the week with many traders absent for the beginning of Chinese New Year. The Capesize 5TC registered a token drop of eight to settle at $10,304 as minimal trading was heard. It’s said to be a diff…
Capesize Market Quietens Down Read More »
With the Chinese New Year holidays in full swing, dry bulk market analysts are wondering whether the freight market will manage to regain its upwards momentum, once the Chinese economy gets back to work. In its latest weekly report, shipbroker Allied S…
Is a Dry Bulk Market Rebound Around the Corner? Read More »
The recent development of replacing coking coal with hydrogen in crude steel production has created a buzz that coking coal might soon be out of favour. For dry bulk operators this is a potentially negative development, but is this really the case? Nip…
Hydrogen replacing coking coal – should owners of dry bulk ships take note? Read More »
In the first four months of the 2020/2021 US marketing year for soya beans (which started on 1 September), 2.5m tonnes of soya beans were exported in containers, accounting for 6.3% of total exports, while 37.1m tonnes departed the US in dry bulk ships…
2.5m tonnes of US soya beans exported in containers in four months Read More »