More than 600 dry bulk carriers, mostly of the mid and lower classes, like Supramaxes and Handies have changed hands since the start of the years, as the dry bulk market has maintained its upwards momentum, edging closer the 2008 record year. In its la…
Dry Bulk Market’s Rally Generates Demand for Supramaxes and Handysize Bulkers Read More »
Capesize The Capesize market crested over the past week as the 5TC retracted $4452 since last Friday to close out at $46,647. The north Atlantic basin, largely inactive over the past several months, has surged since mid-August settling today at $52,099…
Dry Bulk Market Goes From Strength to Strength Read More »
Strong demand for iron ore during 2021 has contributed significantly to the rise of the dry bulk market freight rates. In its latest weekly report, shipbroker Banchero Costa said that “2021 so far has proved very robust in terms of iron ore trade. Tota…
Strong Iron Ore Seaborne Trade Propelling Dry Bulk Market Rates Forward Read More »
We expect dry bulk market demand and supply balance will be stable in the coming years. However, our data-driven forecasting models predict freight rates will face correction and decline by 30% in the coming quarters as vaccines become more widely avai…
Dry bulk Market: Vaccine, a double-edged sword Read More »
When it comes to commodities, risk is always as big as the planet.” That statement from insurance broker and risk advisor Marsh in its recent Risk Outlook speaks to the many and varied risks that global commodities face today, risks that shipping inher…
Commodity risk “as big as the planet” Read More »