Seaborne coal trade has reversed the downward trend of the past couple of years, with 2021 so far being in positive territory. In a recent weekly report, shipbroker Banchero Costa said that “2021 continues to see a steady but consistent recovery in coa…
Coal Seaborne Trade on the Rise in 2021 as new Routes Emerge Read More »
Ship owners are still rather active in the S&P market for dry bulk carriers. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, interest was once again vivid, despite the corrections noted in the freight ear…
Dry Bulk Carriers Still In Demand Despite Recent Market Downside Read More »
The dry bulk market is looking for a steady course of late, as volatility seems to have established itself as the main trend. In its latest weekly report, shipbroker Allied Shipbroking said that “it is rather difficult to describe the current situation…
Dry Bulk Market Looking for a Clear Direction Read More »
Capesize The Capesize market closed out a generally underwhelming week with positive sentiment and an uptick in the final days with the 5TC lifting +2905 to settle at $29,938. Rates are down week on week and the routes appear to now be oscillating in a…
Dry Bulk Market: Capesizes End the Week on a High Read More »
The demise of the dry bulk market since the start of October can be easily associated with China’s macroeonomic issues, the Evergrande issue and its impact in the Chinese property market. In its latest weekly report, shipbroker Allied Shipbroking said …
Dry Bulk Market Under Pressure From China’s Property Market Downturn Read More »