Capesize The market last week was a tale of two halves, with substantial volatility. Beginning the week on a positive note the C5 West Australia to China route opened mid to low $6.00s. Pushing into the holiday on Wednesday, it rose to mid $7.00s, befo…
Dry Bulk Market: Tough Times For Larger Ships Read More »
Demolition of dry bulk ships in the first four months of 2019 was 120% higher than in the same period of 2018. Much of this increase comes from demolitions of Capesize ships, up from 1.1 m DWT between January and April 2018 to reach 3.4m DWT in the fir…
Rising Deliveries Of Capesize Ships Pose A Threat To The Already Fragile Market Balance Read More »
Things could start to improve in the dry bulk market in the months to come, should a trade agreement between the US and China materialize over the next few weeks. In its latest weekly report, shipbroker Allied Shipbroking said that “the dry bulk market…
A Trade Agreement Between China and US Could Boost Dry Bulk Market Read More »
INTERCARGO’s Bulk Carrier Casualty Report 2018 provides an analysis of reported bulk carrier losses during the period from 2009 to 2018, when 188 lives were lost and 48 bulk carriers over 10,000 dwt were identified as total losses. Although there has b…
INTERCARGO: 48 Bulkers and 188 Lives Lost During 2009-2018 Period Read More »
More and more Capesize dry bulkers, but also container ships are being sold for scrap, with ship owners looking to help alleviate each market’s fundamentals. In its latest weekly report, Clarkson Platou Hellas said that “with the upcoming Easter …
Capesizes and Containers Heading for Recycling Read More »