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 »
Newbuilding orders for dry bulk carriers could pick up pace in the coming weeks, despite last week’s pause. In its latest weekly report, shipbroker Allied Shipbroking said that “interest for newbuilding projects in the dry bulk sector seems to have pau…
Deals for Newbuidings Still Far and Wide Apart Read More »
As agricultural dry bulk commodities exports took a dive in the first quarter of this year and painted a gloomy picture for Panamax and Handymax freight rates, a stunning second quarter comeback have nearly tripled freight rates. While total agricultur…
Stunning comeback to Q2 agricultural exports nearly triple freight rates Read More »
The dry bulk market has staged a rebound over the past few weeks, but more positive news are required from the demand side of things, in order for a more sustainable recovery to take center stage. To this extent, China’s soybean imports could provide s…
China’s Soybean Imports A Ray of Hope in the Dry Bulk Market Read More »
Capesize The week ended with a flurry of Brazil fixing which is now hovering in the low $18’s – approximately a dollar up on last week. Vale were rumoured to have been active, taking possibly three vessels over 203,000 dwt, in the $17.50/17.65 region. …
Dry Bulk Market: Capesize Segment Ends Week in a Bang Read More »