The dry bulk market could be set for a sustainable rebound in the coming months and years, if the existing fundamentals are maintained. In its latest weekly report, shipbroker Intermodal said that “2020 the year from hell for the entire world, had ever…
Dry Bulk Fleet Down By 200 Units in 12 Months Read More »
Capesize The market began to meet increased resistance to the recent slide in rates as the week progressed. With talk of a floor being found to provide some stability, it was heard that forward markets reacted positively. The north Atlantic basin was t…
Dry Bulk Market: Is the Rally Over? Read More »
Dry bulk carriers have been the “weapon of choice” for many ship owners. In its latest weekly report, shipbroker Allied Shipbroking said that “the year has started off on a very strong footing, with the sale and purchase market having rallied in recent…
Capesize The Capesize routes endured a week of slippage on rates, bringing the market back down to levels seen at the beginning of the month. Dropping -8,956 over the course of the week the Capesize 5TC settled at $15,675. The Atlantic Basin routes wer…
Dry Bulk Market: Capesize Market Endures Week of Losses Read More »
Seaborne coal trade has retreated during 2020, as major exporters witnessed lower trade figures. In its latest weekly report, shipbroker Banchero Costa said that “in the 12 months of 2020, global seaborne coal trade declined by as much as -12.7% year-o…
Dry Bulk Market: Seaborne Coal Trade Down 12.7% in 2020 Read More »