Capesize This week witnessed the dreaded correction in the Capesize market, with the timecharter average shedding almost 18 per cent to close the week at $27,644. But in recent context, this cannot be considered as anything other than healthy. The Paci…
Capesizes: Market Enters Correction Mode Read More »
While demand for dry bulk carriers has intensified over the past few weeks, evidence from the data of the first half of 2020 suggests that the total number of transactions is lower than the previous years. Meanwhile, the second half of 2020 could prove…
Dry Bulk Market Not “Out of the Woods” Yet Read More »
The rise of the dry bulk market has led to a significant increase of bulkers’ S&P deals, but mainly for the larger classes (i.e. Capesizes and Panamaxes), as the Handy segment attracted a much reduced demand. In its latest weekly report, shipbroker…
Large Dry Bulk Carriers in Demand Read More »
Cobalt, lithium, manganese and graphite: not dry bulk cargoes known for their movement in large volumes today, but their future looks very promising, according to a report from UNCTAD. As demand for batteries for electric cars takes off, driven by clim…
Battery boost drives commodity demand Read More »
Uncertainties surrounding the coronavirus outbreak, the trade war and volatility in oil prices are governing business decisions being made in 2020. Shipyard demand will likely encounter a further blow given the vast disruptions to economic growth and t…
Capesizes Looking Best For Short Term Gains But Feedermaxes Are In It For The Long Haul Read More »