Capesize A quiet end to the week could not disguise the improved sentiment in the capesize market, with several brokers suggesting that this may simply represent a precursor to another move upwards. The timecharter average climbed $1,282 to close at $1…
Dry Bulk Market: Capesize Segment Ends Week on a High Read More »
Ship owners in the dry bulk market have been adding more tonnage, as demand is picking up. In its latest weekly report, shipbroker Intermodal said that “the dry bulk sector is beginning to recover from reduced SnP activity recorded in the first quarter…
Smaller Bulkers In High Demand Read More »
In the past few months covid-nineteen has cast a dark shadow over dry bulk commodities. Previous trade forecasts were rendered null and void, replaced by new forecasts of dubious plausibility. The path of the pandemic and its consequences for commoditi…
Extra support for grain and soya trade optimists Read More »
Capesize The capesize market had the stuffing knocked out of it this week as the 5TC dropped from $25,085 down to $17,285. Fixing activity was below average as charterers were able to achieve new lows with ease. Neither basin was spared from the carnag…
Dry Bulk Market: Capesizes Face the Duldrums Read More »
It’s been a year few will forget anytime soon and the same goes for shipping as well, where making the right decision at the right time, is proving to be more and more elusive. In its latest weekly report, shipbroker Allied Shipbroking said that “since…