Capesize The Capesize market peaked mid-week from its recent rally as the 5TC marked down -$1344 on the last day of the week to settle at $40,035. A tonnage tightness in several positions, particularly in the north Atlantic, led to gains early on in th…
Dry Bulk Market: Capesize Segment Latest Rally Seems to Have Peaked Read More »
The future fleet growth of both the dry bulk and the tanker fleet is expected to remain quite low for 2022. This bodes well for the future support of the freight market. In its latest weekly report, shipbroker Intermodal said that “as one of the best a…
Dry Bulk and Tanker Fleet Growth Bodes Well for the Future Read More »
Commodity shortages in various parts of the world could have a role to play in the dry bulk market moving forward. In its latest weekly report, shipbroker Intermodal said that “essentially, anyone involved in the shipping and commodity markets still st…
Dry Bulk Trade: Scarcity of Commodities Could Impact Tonnage Demand Read More »
Capesize Both the overall index and timecharter average (5TC) gradually recovered back to the level last seen at the end of October, with BCI and 5TC posting at 4594 and $38,096 by the end of the week. Tonnage appeared tight in both basins. In the Atla…
Dry Bulk Market: Capesize Class is Gradually Recovering Read More »
Capesize The Capesize market was a mixed bag this week as routes ebbed and flowed giving little clear direction for traders. The market carried through positive sentiment from the prior week, yet was unable to sustain gains on the 5TC by midweek and bo…
Dry Bulk Market: Capesize a Mixed Bag This Week Read More »