Capesize The market was relatively stable over this past week putting an end to the past months of more extreme declines. While the Capesize 5TC still softened marginally, opening the week at $9,438 and closing it at $8,352, market fundamentals appear …
Dry Bulk Market: Looking for a Rebound Read More »
Dry bulk owners are still keen on more investments in dry bulk tonnage, both newbuildings and second hand vessels, despite the fact that the dry bulk market is experiencing one of its most severe periods of downwards pressure, now at a 9-month low. In …
Shipowners Keep Investing in Dry Bulkers Despite Market Demise Read More »
With 2019 marking one of the low-points of the past decade, in terms of ships’ demolition activity, things need to pick up pace in 2020, for the shipping markets to start recovering. In its latest weekly report, shipbroker Clarkson Platou Hellas …
Ships’ Recycling Activity Needs to Pick Up Pace in 2020 Read More »
Capesize Closing out the first full trading week of 2020, the Capesize market is struggling to gain any solid positive upward traction. Opening the week at $10,825, the Capesize 5TC fell away to $9,020, before staging a small rally to close Friday at $…
Dry Bulk Market: Capesizes Struggle for Traction Read More »
A historic drop in coal-fired electricity generation will not sway global coal demand from its upward trajectory through to 2024, though growth will not be as steep as it has previously been. That outlook from the International Energy Agency’s (IEA) la…
Dry Bulk Market: “This is not the end of coal” says IEA Read More »