Capesize The market closed on a quiet Friday last week after a few hectic days of mid-week trading. Trade routes from Brazil to the Far East were especially busy, marking possibly the highest volume of trading out of the region this year. While Vale wa…
Dry Bulk Market: Brazil to the Far East Cargoes on High Demand Read More »
Fleet growth expected to outstrip demand growth in 2019 and 2020, making the near future look unappealing. Demand drivers and freight rates It’s been a rollercoaster ride for the dry bulk market in 2019. The market fell from slightly profitable levels …
Dry Bulk: A Struggling Market Gets All Hyped Up By Capesize Volatility Read More »
The negative impact of the lack of cargoes in the dry bulk market since the start of the year took its toll in the level of the global fleet’s utilization rate, which declined by 3.7% over the course of the first three months of 2019. According to a re…
Dry Bulk Fleet Utilization Down By 3.7% During First Quarter of 2019 Read More »
Capesize The market continued in an unusually steady ascent last week. With no major news in the market, each day improved on the last, breaking with the recent boom bust volatility. Owners appear to be less inclined to overplay their hand, while takin…
Dry Bulk Market: Capesizes on Steady Mode Read More »
The recent one-year anniversary of the US-China trade war is nothing to celebrate for. In fact, ongoing friction is now openly threatening the global economy, with many analysts (most recently the IMF) now openly warning about a looming global recessio…
Shipping Industry Hopes for a Trade War Truce Before “It’s Too Late” Read More »