Nickel trade might be a small portion of the dry bulk market, but still it’s one that can bear fruits to savvy dry bulk owners, given the positive market fundamentals. In a recent report, shipbroker Banchero Costa said that “nickel is most commonly use…
Dry Bulk: A Look Into Nickel Trade Read More »
In this week’s meeting of the National People’s Congress, China announced slower growth this year, with its gross domestic product (GDP) growth targeted at a range of 6 to 6.5% in 2019. This should not come as a surprise as there have been a flur…
Dry Bulk Market: Commodity slowdown in China could be different this time Read More »
A more cautious investors’ approach to arranging additional new vessel capacity has been a notable feature of global shipping markets in the past few years. Since orders for newbuildings collapsed to a small volume three years ago there has been a revi…
Orders For New Ships: Cautious Investors Prevail Read More »
High iron ore inventories at Chinese ports and looming uncertainty in the global economy are threatening the demand for Capesizes. We believe demand for Capesizes in 2019 will be proportional to iron ore inventories at Chinese ports. Even though China’…
Port inventories’ nightmare to haunt Capes? Read More »
The decline and poor outlook for the Capesize market has been apparent since the start of 2019, with ship owners, instead, shifting their attention in smaller ship segments, which are faring better. This trend has been evident in the S&P market as …
Dry Bulk Market: Capesize Segment Out of Favor, as Rates Drop Read More »