Capesize The Capesize market suffered a technical correction this week, with the timecharter average shedding $1792 to close at $16,252. Whilst the catalyst was not isolated to one loading area, the C5 West Australia round rapidly traded lower on Thurs…
Dry Bulk Market: Correction Mode Evident This Week Read More »
The dry bulk market could be set for a more sustainable rebound in the coming months, aided by the stagnation of the global bulker fleet during most of 2020. However, if a second lockdown of the world’s major economies occurs, then obviously, shipping …
Dry Bulk Market Could Be Set for A Sustainable Recovery By Early 2021 Read More »
Agricultural trade has successfully sidestepped the sharp fall in overall merchandise trade in the first half of 2020, but can it continue to avoid the ripple effect of the Covid-19 pandemic? A note from the World Trade Organisation finds that agricult…
Agricultural trade is shipping’s bright star Read More »
Newbuilding orders for dry bulk carriers could pick up pace in the coming weeks, despite last week’s pause. In its latest weekly report, shipbroker Allied Shipbroking said that “interest for newbuilding projects in the dry bulk sector seems to have pau…
Deals for Newbuidings Still Far and Wide Apart Read More »
As agricultural dry bulk commodities exports took a dive in the first quarter of this year and painted a gloomy picture for Panamax and Handymax freight rates, a stunning second quarter comeback have nearly tripled freight rates. While total agricultur…
Stunning comeback to Q2 agricultural exports nearly triple freight rates Read More »