As long as lockdown measures apply to many parts of the world, the recovery of global demand is bound to take much longer. In turn, this will hinder the recovery of the freight rate market, which has been nosediving for the most part, since the summer …
The Global Recovery’s Delay Will Impact The Shipping Market’s Recovery Read More »
In the following weeks Klaveness Research will in a series of articles have a look at how we believe the fundamentals impacting dry bulk freight rates are shaping up for 2021. In the first article we started off by having a look at the big picture. In …
2021 Dry Bulk Outlook – Minor Bulks Read More »
Ship owners have reverted to their year-old “habit” of opting for second hand dry bulk carriers, instead of newbuildings. In its latest weekly report, shipbroker Allied said that it was “a week with limited interest in the dry bulk newbuilding market, …
Ship Owners Turn to Second Hand Bulkers, Instead of Newbuildings Read More »
The second half of the year has provided some cheer for the dry bulk market, with all ships in the spot market averaging earnings above the break-even point, though not high enough to make up for losses made during the first part of the year. Seasonal …
Greek ship owners have been rather active in the dry bulk S&P Market this year, with the second half of the year, proving to be a much more active period for deals. In its latest weekly report, shipbroker Intermodal said that “as we are moving towa…
Greek Owners Responsible for 36% of S&P Deals in the Dry Bulk Segment Read More »