Dry bulkers built in Japan, i.e. of a proven quality have been in high demand in the second hand market lately. In its latest weekly report, shipbroker Banchero Costa said that in the S&P market, “good quality Japanese Panamax Bulkers still have ta…
Dry Bulkers Made In Japan in High Demand Read More »
While the US-China trade friction of the past few months has, undoubtedly, hurt shipping in more ways than one (dry bulk shipping not excluded), it seems that some good can also be made of it, especially if a sustainable agreement can be reached. This …
Dry Bulk Market: The Case for the US Coal Exports to China Trade Read More »
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 »