The Capesize dry bulk market experienced another rollercoaster year in 2019, beginning in dire straits, improving gradually, then rallying, before retreating once more as the year faded. In its latest monthly report, shipbroker Banchero Costa said that…
A Rollercoaster Year for the Capesize Market Read More »
Capesize The Capesize market this past week has been attempting to recalibrate itself in consideration of weakening freight levels and increasing IMO bunker costs. A week out from Christmas there was a definite holiday feel, with some traders already a…
Dry Bulk Market: Weakness Across the Board Read More »
No sense of direction and a “sea of uncertainty” are the reasons behind the dry bulk market’s lackluster performance of late. As a result, 2019 ends with a lack of optimism on the future. In a recent weekly report, shipbroker Allied Shipbroking said th…
Dry Bulk Market Plagued With Uncertainty Read More »
One of the most worrying trends that has developed recently – which will affect shipping demand in the years to come – is the falling trade-to-GDP ratio. The falling ratio can be explained by slowing globalistation as well as increasing pro…
BIMCO: Shipping’s Supply And Demand Trending Off Balance Read More »
Capesize It was one-way traffic for the Capesize market this past week, with all routes giving up value. While downward momentum may have slowed a touch by Friday, the Capesize 5TC took a trouncing, losing $5,702 to settle at an almost six-month low of…
Dry Bulk Market: Capesize Market Faces The Doldrums as 2019 Ends Read More »