After an unusually strong start to the year, seasonality has caught up with the dry bulk market. Coupled with a slow recovery in global economic activity, it looks set to be another challenging year. Demand drivers and freight rates The dry bulk indust…
Dry Bulk Shipping: Strong Start To Year Ends As Slow Recovery Awaits Read More »
A bullish sentiment is prevalent in the dry bulk market, leading to an increased demand for second hand tonnage. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the market seems to be overflowing with bullish…
Dry Bulk Tonnage in High Demand Read More »
Capesize As one of the more wild weeks in the first quarter for the Capesize comes to an end, the market feels more like it’s in reprieve mood contemplating what comes next. From last Friday at $10,304, the Capesize 5TC reached a high on Wednesday of $…
Dry Bulk Market: Capesizes Move Forward as Strong Demand Emerges Read More »
The shipping industry is in a prime position to reap any benefits that come its way, from the latest surge in commodities’ prices. In its latest weekly report, shipbroker Allied Shipbroking said that “there has been a flurry of talks this week as to th…
Shipping Ready to Capitalize on Commodities’ Latest “Supercycle” Read More »
A lack of correction in terms of the dry bulk market during most of January, has led to asset prices retaining their high values. Contrary to past years, when January usually was a “lackluster” month freight-rate wise, this time around was different. A…
Dry Bulk Tonnage Pricing: Finding Value in the Market Read More »