If ever there was a leading indicator to the commodity index this year, it is the Panamax freight market. Already coming under heavy pressure in the last quarter of 2019 these mid-sized workhorses of the dry bulk market started 2020 on the same bearish…
Are the darkest days over – for Panamax freight at least? Read More »
The impact of the pandemic’s expansion around the world and its financial implications are about to put a halt to the shipping industry’s three-year recovery process. In its latest weekly report, shipbroker Allied Shipbroking said that “at this point, …
Shipping Recovery to Take a Back Seat for the Time Being Read More »
The usual seasonality in tandem with the coronavirus shockwave have dealt a heavy blow to the dry bulk shipping market during the first quarter of the year. Capesizes hurt the most Capesizes have been hit the worst. Since their trade is China-centric, …
Dry Bulk Market In Q1: The Rat Was Infected Read More »
Capesize As Covid-19 continued to ratchet up tensions across the globe, the Cape market dealt with the change to remote working. Most regions of the world are now under no illusions as to the severity of this crisis and are acting to mitigate amongst t…
Capesize Market: Uncertainty All Around As Coronavirus Takes Center Stage Read More »
A spectacular upwards trend in global iron ore trade unfolded for almost two decades. But in the past couple of years signs of faltering have emerged, and prospects for 2020 are subdued. Following an article published by Hellenic Shipping News Worldwid…
Iron ore trade growth trend fades Read More »