Capesize The market has been well supported over the past week, led primarily by the Atlantic Basin. After bottoming last week, sentiment was seen to improve strongly, with both paper and physical traders buying into the rally. Opening the week at $18,…
Dry Bulk Market: Capesizes On the Rise Again Read More »
Ship owners have turned their attention to the second hand market for dry bulk carriers. In its latest weekly report, shipbroker Banchero Costa said that it was “a pretty busy week in the dry bulk sector. Starting with larger units, BULK HARVEST around…
Ship Owners Snap Up More Bulkers Read More »
The fundamental balance in the market has worsened in 2019 with supply growth outstripping demand, and BIMCO expects that this will continue into 2020. Demand drivers and freight rates After peaking in September, the fundamentals of the market have beg…
In the maritime world conversations among professionals soon turn to China, reflecting the country’s pervasive influence. After rapid enlargement during the past two decades, this presence is at the forefront of both the demand and supply sides of many…
China’s all-embracing maritime influence Read More »
Capesize After a week of value being eroded on the Capesize market, Friday brought improved sentiment across most of the routes. The 5TC average opened the week at $20,970 and closed out Friday up $580 to settle at $18,930, illustrating clearly the det…
Dry Bulk: Capesize Market Ends Week With Slight Improvement Read More »