You might be mistaken for thinking that I am referring to the typically British weather that we have had recently, whereby what could have been a gloriously sunny summer has been interrupted by biblical rains and high winds. Alas not, as awkwardly Brit…
FIS: Ship Shape: When It Rains It Pours Read More »
Capesize The Capesize market broke out of its recent range this week as the 5TC peaked on Thursday before easing Friday slightly down at $36,150. The Pacific routes strengthened throughout the week but softened abruptly on Friday for the Transpacific C…
Dry Bulk Market: Capesize Market on the Rise Again Read More »
Dry bulk trade has been robust so far in 2021, as China’s iron ore imports have been quite strong so far. In a recent weekly report, shipbroker Banchero Costa said that “2021 so far has proved very robust in terms of iron ore trade. Total global loadin…
China Iron Ore Imports Boost the Dry Bulk Market Read More »
Owners of dry bulk carriers should be thrilled with the returns of the current freight market. In its latest weekly report, shipbroker Allied Shipbroking said that “having already reached the peak of the summer period, most in the dry bulk sector shoul…
Dry Bulk Owners Reap the Benefits of a Strong Market Read More »
The iron ore-led dry bulk market boom could still have enough steam to run, despite the recent negative pressure on iron ore prices. In its latest weekly report, shipbroker Allied Shipbroking said that “one of the major trades that has helped drive the…
Dry Bulk Market Boom Still Has Plenty of Steam Left In It Read More »