Capesize The Capesize routes endured a week of slippage on rates, bringing the market back down to levels seen at the beginning of the month. Dropping -8,956 over the course of the week the Capesize 5TC settled at $15,675. The Atlantic Basin routes wer…
Dry Bulk Market: Capesize Market Endures Week of Losses Read More »
Seaborne coal trade has retreated during 2020, as major exporters witnessed lower trade figures. In its latest weekly report, shipbroker Banchero Costa said that “in the 12 months of 2020, global seaborne coal trade declined by as much as -12.7% year-o…
Dry Bulk Market: Seaborne Coal Trade Down 12.7% in 2020 Read More »
Shipowners’ appetite for dry bulk carriers has been highlighted during the past week, as freight rates have kept their upward trajectory. In its latest weekly report, shipbroker Banchero Costa commented on the S&P market that “with a strong Capesiz…
Dry Bulkers In Demand as Market Recovers Read More »
The dry bulk market’s fundamentals are edging towards an improvement, in favor of ship owners. In its latest weekly report, shipbroker Intermodal said that “while 2020 is finally behind us, its negative impacts are still hovering over the shipping mark…
Dry Bulk Market is Bound for a Sustainable Rebound Read More »
Capesize The Capesize market rocked and rolled these past few days. But by weeks end little had changed on the Capesize 5TC as it settled down -884 to $24,631. This was a positive difference of $733 to the beginning of the week. The market was not with…
Dry Bulk Market: Capesizes on a Roll Read More »