The sharp decline in Australian dry bulk flows in early 2025, as depicted in the data, can be directly linked to the severe disruptions caused by Cyclones Sean and Zelia. These extreme weather events led to temporary port closures, infrastructure damag…
Dry Weekly Market Monitor: Cyclone Disruptions Hit Australian Iron Ore Exports Read More »
Handysize ships’ prices are trending higher, despite an overall lackluster freight market sentiment. In its latest weekly report, shipbroker Intermodal said that “in recent years, geopolitical uncertainty has been a defining characteristic of the globa…
Dry Bulk Shipping: Handysize Ships Heading Lower Read More »
Capesize The Capesize market saw a generally softer trend this week, with the 5TC declining over the first three days before stabilising as activity picked up to close at $5,939. However, this still reflected a week-on-week loss of over $1,000, marking…
Dry Bulk Shipping: Capesizes Not Out of the Woods Yet Read More »
With seasonality playing a big part, dry bulk shipping freight rates have taken a significant hit over the past few months. In its latest weekly report, shipbroker Xclusiv said that “the dry bulk freight market has experienced significant declines in r…
Dry Bulk Shipping Experiences a 56% Drop in Capesizes Since November Read More »
Things are heating up in the second hand market for ships, with more deals being reported last week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk segment, Greek based company Seanergy was behind the purchase of the Newc…
Second Hand Sales Are Heating Up Read More »