The dry bulk market’s potential is feeding more newbuilding orders for bulkers. In its latest weekly report, shipbroker Allied Shipbroking said that “the positive sentiment in the dry bulk market and the persisting attractive freight earnings in the dr…
Newbuilding Orders’ Pace Still High Read More »
Ship acquisitions in the dry bulk market have boomed since the start of 2021. In its latest weekly report, shipbroker Allied Shipbroking said that “five months have now past in 2021 and the data depicts so far a major growth in dry bulk SnP activity co…
Ship Acquisitions in the Dry Bulk Market Are Booming Read More »
Capesize The Capesize market leapt up in the latter part of the week, erasing most of the losses since the closing week of May. The Capesize 5TC opened the week with a relatively paltry $20,933, took some moderate losses early in the week to $19,845 be…
Capesize Market Bounces Back After Dismal Start to the Week Read More »
The container and dry bulk shipping industries are breaking new records left, right and centre it appears, resulting in dry bulk owners enjoying unseasonably high profits, and container shipping carriers and tonnage providers delivering record high pro…
Around the world in seven shipping records Read More »
Capesize The Capesize market found little to support levels this week as a steady slide in rates saw the 5TC drop $4,681 over the week to settle at $20,933. The market was at a similar level only back in late March / early April where the 5TC found som…
Dry Bulk Market: Capesizes Find New Levels of Support Read More »