Capesize The Capesize market meandered slightly upwards this week before giving back much of its gains mid-week. Opening the week at $24,945, the Capesize market closed the week down at $24,637. The Atlantic Basin saw stronger gains initially as many s…
Dry Bulk Market: Capesize Market Slightly Higher Read More »
Turbulence, volatility and extreme highs and lows are the “name of the game” these days, when it comes to the shipping markets. In its latest weekly report, shipbroker Allied Shipbroking said that “taking a focused look at the dry bulk and tanker secto…
In Shipping Markets, Rollercoaster Rides Are the Main Theme Read More »
US soya bean exports to China are 82.8% lower in the first seven weeks of the 2019/2020 marketing season compared to the same period of the 2017/2018 marketing year, before the trade war started affecting this trade, according to BIMCO’s market analysi…
Shipping number of the week: 82% drop in US soya bean exports to China Read More »
Australian coal exports are on the rise this year, with China and South Korea proving to be the preferred markets so far. In its latest weekly report, shipbroker Banchero Costa said that “coal trade in the Pacific basin has been generally positive so f…
Capesize The end of the week brought about a small increase in sentiment heading into a long weekend for some regions. After sustaining a drop in value for the first part of the week, the 5TC now appears to have turned its fortunes around to settle the…
Dry Bulk Market: Capesizes On Rebound Mode Read More »