With a couple of weeks still remaining for yet another year of a rollercoaster ride in the dry bulk market, analysts are pondering whether 2020 will be any better. In a recent report, Allied Shipbroking said that “the uncertainty witnessed this year in…
Will 2020 Mark the Return of the Dry Bulk Market to Form? Read More »
Capesize This week the Capesize market maintained healthy earnings, as an end of year surge took the Capesize 5TC back up to $25,202 by mid-week. This lift was predominately led in the Pacific, with strong trading activity from major iron ore charterer…
Dry Bulk Market: Capesizes on Healthy Ground Read More »
In the first ten months of the year, the US imported 3.9 million tonnes of steel goods from Brazil, the same as was imported in the first ten months of 2017, despite the US putting in place quotas which was supposed to lower imports from the country. B…
BIMCO: 0.0%, no change in US imports of steel goods from Brazil despite quota Read More »
For the most part, ship owners active in the dry bulk market have refrained from a huge buying spree of vessels during 2019, with the freight market underperforming for most of the year. However, over the course of the past week, activity seems to have…
Ship Owners Return in the Dry Bulk Market Read More »
The Brazilian iron ore export market has always been one of the most important for the dry bulk market, especially given its high ton-mile demand. As a result, the events which unfolded during 2019 are an important indication, as to where the market is…
Dry Bulk Market: What About Brazilian Iron Ore Exports? Read More »