Capesize With typhoon Lekima gathering pace, numerous China ports were closed by the end of the week and will likely be for two to three days. In addition to this, the national holiday in Singapore gave a weaker trend to the rates, which all lost value…
Dry Bulk Market: Capesize Rates Dragged Down By Chinese Port Closures Read More »
While the dry bulk market has managed to recover over the past couple of months and net fleet growth remains moderate, ship owners will have to be wary ahead of a trade war, which means that more demolitions could be in order, in order to alleviate ton…
Dry Bulk Ships’ Demolition Rate at Lowest Level of the Past Five Years Read More »
The shipping markets are classically cyclical, but with extreme volatility. In fact, bulkers and tankers probably have the highest volatility of any major hard asset. The reason for this volatility is due to two main elements: the behaviour of shipowne…
The recent firmness in India’s coal imports, which has been the main reason for increased rates in the Panamax market, is likely to continue as the Indian government’s plan to invest heavily in infrastructure will underpin domestic coal demand. Panamax…
Panamax owners rejoice as India’s coal imports surge Read More »
Ship owners around the world are snapping up bulkers, in an attempt to take advantage of the booming dry bulk market. In its latest weekly analysis, shipbroker Intermodal said that “it was a fairly busy week in the dry S&P market. Despite the ease …
Ship Owners Snapping up Bulkers Read More »