Activity in the S&P market is “sizzling hot” at the moment, with more owners entering the market for second hand tonnage. An improved freight rate market is seen as the main reason for this development. In its latest weekly report, shipbroker Allie…
Ship Sales Booming as Owners Are Looking to Ride the Wave of Higher Rates Read More »
The dry bulk market is prone to increased volatility. However, this time around, it seems that the market is gearing up for a new upward cycle. In its latest weekly report, shipbroker Allied Shipbroker said that “it has been more than a year since the …
Dry Bulk Market Enters “Bull Mode”: Is it Sustainable or a Self Fulfilling Prophecy? Read More »
Capesize A more tempered week saw rates soften across all routes with low activity in both basins. Resilience and strong optimism still remains from Owners, yet the tailwinds from smaller classes turned to headwinds early in the week as market sentimen…
Dry Bulk Market: Capesize Market Softens With Low Activity in Both Basins Read More »
The ownership of dry bulk ships has changed hands at blistering speed in the first three months of 2021. The course is now set for a record year in the bulk ship sale and purchase market. A total of 794 ships were bought and sold in 2020, with the smal…
Second-hand bulk market heading for record year as 279 ships trade hands so far Read More »
An economic resurgence of China has been enough to propel the container and dry bulk markets forward. In its latest weekly report, shipbroker Allied Shipbroking said that “China’s surging economic activity has been the main story thus far in the year, …
Chinese Factor Boosting Container Shipping and Dry Bulk Read More »