Capesize The Capesize market managed to find a floor and rally a little this week after several weeks of declines. While the West Australia to China C5 route lifted early in the week, it once again topped out to soften by Friday. Opening the week at $9…
Dry Bulk Market: Capesize Market on the Mend Read More »
Demand for agricultural products is expected to swell by 15% over the coming decade, but pressures on the industry to reduce its carbon footprint and mitigate climate change could see more tactical use of land and an evolution in crop choices. The OECD…
Running circles around crop forecasts Read More »
The dry bulk market has witnessed another roller coaster ride over the past few months, with rates skyrocketing for about two months, before retreating once more during the course of the last few weeks. So, where do we stand now? In its latest weekly r…
Dry Bulk Market: Where to Next After the Rollercoaster of the Past Four Months? Read More »
The fall in volumes from the two countries has also led to an 8.5% drop from last year in the tonne mile demand generated by the two dominant soya bean exporters. In particular falling exports from Brazil have hurt the shipping industry, with accumulat…
Ship owners are still craving for dry bulk carriers, as evidenced by the latest weekly reports. Shiproker Banchero Costa said this week that “in the dry market 2 x Kamsarmax under construction at COSCO Zhoushan were sold en bloc at $29mln each basis pr…
Dry Bulkers Still In Demand Read More »