Events in the past few months have darkened the outlook for many seaborne dry bulk commodity trades in 2020 and later. Uncertainty about future global trends, both in the near and longer term, has been greatly intensified by the economic recession resu…
Grain and soya trade: a bright outlook Read More »
Capesize A sober end to the week, with the market seemingly ready for the weekend. After a steady week of rate declines a small flurry of Atlantic business – combined with a little activity in the Pacific – managed to end the week up a tick. While a bo…
Dry Bulk Market: Capesize Market Not There Yet Read More »
One thing that has confusingly held true up to now was that, against all the trends of many other commodities and market, iron ore kept on rising. It has been the black sheep of the markets, standing there, teeth gritted, weathering the storm that had …
Dry Bulk Market: The End of the Road for Iron Ore Read More »
As various governments around the world are gradually shaping their stimulus and policies to jolt their economy, the shipping industry is eagerly waiting for them to take effect and translate into a growth in global trade. In its latest weekly report, …
Global Economy’s Rebound Will Determine Shipping’s Turnaournd as Well Read More »
Ship owners are refraining from aggravating the existing balance between demand and supply, already not in their favor in many ships classes. This translates to a lull in newbuilding activity, a trend also noticed during the 2009-2010 crisis. In its la…
Minimal Activity Becomes the Norm in the Shipbuilding Market Read More »