A commodities super cycle is looming, but don’t pop the champagne corks just yet, says Wood Mackenzie’s Simon Morris. While the transition from hydrocarbons to the metals necessary for green growth is already underway, there are potential risks to how …
‘Clean’ commodity supercycle risks Read More »
The dry bulk market’s rebound has prompted a surge in dealings for bulkers as well. In its latest weekly report, shipbroker Intermodal said that “dry Buk Sales and Purchase activity has heated up during 2021, reaching record high levels during the firs…
Dry Bulk Carriers Reach Record Levels of S&P So Far in 2021 Read More »
Capesize The Capesize market endured a week of eroding value across all regions as the 5TC lowered $2,430 week on week to settle at $28,572. While the Pacific’s West Australia to Qingdao C5 route closed out Friday up 25 cents to $10.841, appetite from …
Dry Bulk Market Loses Steam Read More »
In its latest weekly report, shipbroker Allied Shipbroking said that “undoubtedly, we are amidst one of the best rallies seen for many years now in the dry bulk sector, with many market participants already anticipating a similar trend to take place du…
Optimism Takes Center Stage in the Dry Bulk Market Read More »
Capesize The market staged a turn around this week lifting $3,199 on the TC average to settle Friday at $30,972. Timecharter levels now look to be trading towards the upper range of $35,000, where it has attempted several times recently to break throug…
Dry Bulk: Capesize Market Turns the Tide Read More »