Ship owners are closing their final deals of the year both in the newbuilding, but also in the S&P market, with bulkers in high demand. In its latest weekly report, shipbroker Banchero Costa said that “last week was rich of transactions in the dry …
Dry Bulkers in Demand Read More »
Chile has been facing severe unrest for more than a month now, with a state of emergency declared in some parts of the country and curfew imposed in many regions. Although the country is slowly returning to normalcy after the National Congress of Chile…
Copper concentrate sails smoothly amid Chilean unrest Read More »
With a couple of weeks still remaining for yet another year of a rollercoaster ride in the dry bulk market, analysts are pondering whether 2020 will be any better. In a recent report, Allied Shipbroking said that “the uncertainty witnessed this year in…
Will 2020 Mark the Return of the Dry Bulk Market to Form? Read More »
Capesize This week the Capesize market maintained healthy earnings, as an end of year surge took the Capesize 5TC back up to $25,202 by mid-week. This lift was predominately led in the Pacific, with strong trading activity from major iron ore charterer…
Dry Bulk Market: Capesizes on Healthy Ground Read More »
In the first ten months of the year, the US imported 3.9 million tonnes of steel goods from Brazil, the same as was imported in the first ten months of 2017, despite the US putting in place quotas which was supposed to lower imports from the country. B…
BIMCO: 0.0%, no change in US imports of steel goods from Brazil despite quota Read More »