The dry bulk market is primed for a renewed upward momentum in the weeks and months to come. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a stellar couple of months for commodities, with prices and demand having ris…
Dry Bulk Market: Conditions Are Favorable for More Upward Momentum Read More »
China continues to block Australian coal and is diversifying its import sources (long haul countries) which will support coal shipping demand in 2021. Amid the China-Australia trade dispute, China has significantly increased its imports from the US, Ca…
China pushes coal trade on the longer route – a boon for smaller vessels? Read More »
Capesize It was a dismal week throughout for Capesize earning as all routes softened in what was a largely disrupted week due to numerous public holidays around the globe. The Transpacific C10 opened the week at $40,246 and any upward momentum quickly …
Dry Bulk Market: Capesizes Suffer, as Market Softens Read More »
Since the advent of the pandemic in early 2020 and following the initial shock causing a deep dive in economic output worldwide, after China’s successful handing of the health crisis, two buzzwords have been in market participants’ lips: “vaccines roll…
Dry bulk commodities and asset values steely resolve Read More »
Commodity markets were shaken over the weekend when news got out about the Chinese government warning “speculators” and “hoarders” in commodity markets about price fixing activities. But let’s be clear, the Chinese authori…
Baltic Dry Index to Push Through 4,000 points? Read More »