With the dry bulk market looking for a new balance, it’s intriguing to take a look at the current state of Australia’s iron ore exports, one of the most important sources for China. In a recent weekly report, shipbroker Banchero Costa said that “Austra…
Dry Bulk Market: The Case for Australian Iron Ore Exports Read More »
Capesize The market traded in a relatively stable supported manner in the Pacific this week while the Atlantic experienced weakening turbulence. Fixture activity was strong in both basins with trade executed generally on a voyage priced basis. The 5TC …
Dry Bulk Market: Capesizes on Stabilization Mode Read More »
Ship owners from the two main shipping “powerhouse” markets, i.e. the dry and wet ones, have been enjoying a period of elevated freight rates of late. In its latest weekly report, shipbroker Intermodal said that “in perhaps the most interesting market …
Tanker and Dry Bulk Owners Enjoy Improving Market Conditions Read More »
Volatility in the global commodity markets is not expected to unduly rattle Australia’s commodity outlook through 2020, but the 2021 picture is less rosy, according to government research. A recent report from Australia’s Department of Industry, Innova…
Short term strength for Oz commodities Read More »
Capesize The Capesize market managed to find a floor and rally a little this week after several weeks of declines. While the West Australia to China C5 route lifted early in the week, it once again topped out to soften by Friday. Opening the week at $9…
Dry Bulk Market: Capesize Market on the Mend Read More »