Overview An impressive recovery in Chinese dry bulk imports has protected the industry from the effects of falling demand in the rest of the world. High deliveries and low contracting have left the orderbook at multi-year lows, but – with the poor outl…
Dry Bulk Shipping: China’s demand keeping the dry bulk market going Read More »
NEWBUILDING Despite the overall uncertainty prevailing the global economy, it seems that interest for new orders in the dry bulk sector has started to rebound. This past week we noticed three new orders being placed, depicting the slow but steady retur…
Newbuilding: Dry Bulkers In Demand Read More »
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 »