Brazilian exports of soya beans disappointed in February, the first month of its export season. Exports reached just 2.9m tonnes, representing a 40.1% drop compared with the first month in the last season when exports totalled 4.8 million tonnes. The s…
Brazil kicks of soya been export season with a 40.1% drop Read More »
With the global economy and trade expected to develop rapidly in the post-pandemic period, shipbrokers expect that the dry bulk market and more specifically, freight rates for mid-sized bulkers could be the main beneficiaries. In its latest weekly repo…
Mid-Sized Bulkers To Benefit From Post-COVID Recovery Read More »
Capesize The market has surged during the last couple of days of the week to trade in the upper region of its recent range. Gaining $920 on the last trading day of the week the Capesize 5TC settled at $14,794, which reflected the solid trading activity…
Dry Bulk Market: Capesizes End the Week on a Strong Note Read More »
Seaborne coal trade was one of the major “losers” of 2020, as total loadings fell significantly as a result of lower demand. In a recent weekly report, shipbroker Banchero Costa said that “2020 proved to be a truly terrible year for seaborne coal trade…
Seaborne Coal Trade Took a Major Hit in 2020 Read More »
Forward freight agreement (FFA) trades for a basket of 38,000-dwt handysize time charter rates will help operators take longer-term cover with less risk, says leading shipbroker Simpson Spence Young. Following an ever-strengthening charter market, SGX …
Handysize 38kt time charter average FFA is ‘perfect timing’ Read More »