After a slow start to the US soya bean export season, partly due to disruption from Hurricane Ida, US soya bean inspections ahead of exports have jumped to 1.6m tonnes in the week ending 7 October. This represents a 90.9% jump from the week before and …
BIMCO: US soya bean inspections nearly double week-on-week to 1.6m tonnes Read More »
Demand for dry bulk tonnage has remained high in the S&P market. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, interest for SnP transactions remained vivid for yet another week, with several units of di…
Dry Bulk Carriers in High Demand as Rates Keep Rallying Read More »
Capesize The Capesize market continued its bull rally this week as we move into the tail-end quarter of the year. The Capesize 5TC managed a high of $86,953 on Thursday before closing out the week on a softer note at $83,865. Throughout the earlier par…
Dry Bulk Market: Capesize Market Rally Continues Unabated Read More »
The dry bulk shipping market has performed startlingly well this year thus far, with a combination of unique factors to have enabled this strong momentum: port congestion, quarantine measures, geopolitics, tight tonnage supply, firm demand, all create …
Chinese macroeconomic trends and their impact on the dry bulk freight market Read More »
Ship owners are ramping up their newbuilding ordering activity, loading up with new bulkers, as the market’s prospects appear to be quite bright once again. However, some delays could be expected. In its latest weekly report, shipbroker Banchero Costa …
Dry Bulk Market Rally Triggers Newbuilding Investment Spree Read More »