Capesize There was a turning of the tide this week as rates initially rallied robustly before negative sentiment settled in to see rates plummet from midweek. The Pacific basin, and in particular the WC Australia/China (C5) market, was the early driver…
Dry Bulk: Capesize Market Ends the Week in Negative Territory Read More »
The seaborne coal trade has been one of the few “dark horses” of the dry bulk market over the past couple of years. In a recent analysis, shipbroker Banchero Costa commented that “2020 proved to be a truly terrible year for global seaborne coal trade. …
Dry Bulk Market: China’s Coal Imports Keep Retreating in 2021 Read More »
The dry bulk market is on an upward trend, but most are unable or hesitating to predict how high and how long will the market move. This is where the FFAs are quite handy. In its latest weekly report, shipbroker Allied Shipbroking said that “at the clo…
Dry Bulk Market and FFA Contracts: What Are the Ship Owners Options? Read More »
Revamped demand for commodities from grains to coal powered a surprisingly strong recovery in the dry bulk shipping market for the first six months of 2021. Both freight levels and earnings reached multi-year highs. Supramaxes have now taken the lead a…
Dry bulk supramax freight market surprises for the first half 2021 Read More »
Head of Klaveness Research, Peter Lindstrøm shares his views on the main drivers of the current booming dry bulk market and why the dry bulk outlook is at a new peak, since the China boom. KCC, having around 65% of its capacity in the dry bulk market i…
Klaveness: “Higher earnings in dry bulk is not a false dawn, it’s only the predawn!” Read More »