Capesize The market floundered this week as it attempted to find a floor after the previous weeks plunge. Demand remained weak across most routes. The Atlantic incurred some heavy losses on a few days throughout the week before the tide appeared to tur…
Dry Bulk Market: Capesize Market Lacking Direction For Yet Another Week Read More »
The future course of the dry bulk market, especially when it comes to demand for iron ore from China, is far from certain. In its latest weekly report, shipbroker Allied Shipbroking said that “it looks as though we have seen a further deepening of the …
Dry Bulk Market: Murky Waters Ahead? Read More »
Amid celebrations for the 70th anniversary of the founding of the People’s Republic, China has attained a prime position in many maritime activities. One of the most prominent is the fleet of merchant ships owned by companies based in China, which is n…
China’s shipping: 70 eventful years Read More »
In response to the IMO strategy to reduce greenhouse gas (GHG) emissions, Oshima Shipbuilding and classification society DNV GL have signed a long-term strategic cooperation agreement to conduct research and development together on new bulk carrier des…
Ultramax 2030 – a team effort for eco-friendly design Read More »
Improved market sentiment has triggered a rebound in demand for dry bulk newbuildings. In its latest weekly report, shipbroker Allied Shipbroking noted that “it seems that dry bulk interest has started to return to the newbuilding market after a fairly…
Demand for Dry Bulk Newsbuildings Picks Up Read More »