Shipping is a seasonal business. Commodity producers and commodity consumers are subject to weather patterns that affect the flow of goods, both from a supply as well as a demand perspective. For dry bulk, seasonality is mainly focused on weather-relat…
Seasonality in Dry Bulk Shipping – An Exploitable Inefficiency Read More »
Capesize A tepid week for the big ships, as macro concerns continued to weigh heavily on the index. All of the major voyage routes lost value, with the exception of the C5 West Australia-China route, which traded up a modest $0.21 on the week, on a ste…
Capesize Market: Weakness All Around Read More »
With the global economy expected to be in recession mode from the second quarter onwards, expectations for a shipping industry rebound in 2020 are practically non-existent, with the sole silver lining being the low oil price environment, which has temp…
Shipping Is Just Waiting for the Inevitable Read More »
Capesize The tide turned this week for the Capesize market, as voyage rates registered dramatically falling fuel costs. This was led primarily by weakness in the energy market, as the global supply of oil continues to mount. US suppliers are finding st…
Dry Bulk Market: Capesizes See Strong Demand in the Brazil to China Routes Read More »
China’s demand for soybean is forecast to grow in 2020 by 7.8% y-o-y, signalling a positive outlook for the dry commodity as well as for the bulk carriers that transport it. In the midst of a universal turmoil with the coronavirus having jolted several…
Chinese demand for soybean remains robust Read More »