The dry bulk market has entered into correction mode over the past 12 days, as demand has retreated. So, which is the future direction? In its latest weekly report, shipbroker Allied Shipbroking said that “under typical circumstances and on the basis o…
Dry Bulk Market: A Fall Was In Order, but Where is The Balance Read More »
Demand for second hand dry bulk carriers has gone up, as was expected after the boost in sentiment over the past few months. In its latest weekly report, shipbroker Banchero Costa noted that “the week 37 in the second hand market has been dominated by …
Dry Bulk Carriers On Demand Read More »
BIMCO expects the fundamental market balance to deteriorate in 2019 which will do nothing to improve freight rates as the 2020 sulphur cap nears. Demand drivers and freight rates Earnings for Capesize vessels have continued their rollercoaster ride, re…
The rebound of the dry bulk market over the course of the past few months, has triggered a flurry of investment in second hand tonnage. In its latest weekly report, shipbroker Intermodal noted that “we are going through one of the rare instances where …
Dry Bulk Market’s Momentum Triggers More Investment Read More »
Capesize Overall it was a negative week for the Capesize market, with many routes losing ground. A limited amount of timecharter appeared, with most activity seemingly centred on voyage basis. However, a 176,000dwt vessel was rumoured fixed delivery Ch…
Dry Bulk Market: Capesizes on Correction Mode Read More »