The first four months of 2018 have put a huge dent in the long-term recovery of the dry bulk market. In a recent analysics, shipbroker Banchero Costa said that “2018 was a reasonably positive year for the dry bulk sector, with the Baltic Capesize, Pana…
Dry Bulk Market: 2019 Freight Rates Losses of Up to 35.7% Cloud Market’s Recovery Read More »
Capesize The past week marked one of the busier periods for Capesizes this year. With a subdued start due to a public holiday in Singapore on Monday, the market carried on to register solid activity through to Thursday across most major routes. Friday …
Dry Bulk Market: Capesize Market in Full Swing Read More »
Disruptions in the supply of iron ore from Vale and Rio Tinto’s unwillingness to offset part of the losses occurred, have led to a major correction in the dry bulk market since the start of 2019. Unfortunately for dry bulk ship owners, this trend…
Dry Bulk Market: Are Further Disruptions On the Horizon? Read More »
Capesize The market continues to ebb and flow with a generally positive up trend. The Capesize 5TC opened with upward momentum from last week’s $11,621 and nudged to over $12,000. It then dropped to $11,705, however, by close it rallied to $11,909. Wes…
Dry Bulk: Capesize Market Fails to Find Support Read More »
Capesize The market continued its rollercoaster ride last week opening with negative sentiment, but turning around in dramatic fashion by the week’s end. The BCI 5TC reduced from $11,182 at the end of the previous week to a low of $9,898 on Tuesday, bu…
Dry Bulk Market: Rollercoaster Ride Continues Read More »