The market for dry bulk carriers, both newbuildings and second hand, has heated up considerably on the back of strong sentiment exhibited in the freight market of late. In its latest weekly report, shipbroker Allied Shipbroking said that it was “a rath…
Dry Bulkers In Demand After Market Rally Read More »
A lot has been said regarding the dry bulk market’s rebound and future potential, however, much will come down to China’s and India’s dry bulk commodities’ demand growth, most notably iron ore and coal. In China, shipbroker Banc…
China and India Lead the Dry Bulk Market’s Rebound Read More »
In this week’s analysis, we again update shipping’s mid-year report, reviewing progress across a range of shipping sector “subjects”. Our overall ClarkSea Index increased 8% y-o-y in the first half, to move marginally above the trend since the financia…
Clarksons: Mid-Year Report for Shipping A Mixed Picture Read More »
This year has not been the easiest of years for iron ore. In January, the collapse of a Vale-owned tailings dam at the Córrego do Feijão iron ore mine near the Brazilian municipality of Brumadinho resulted in over 200 deaths. On top of the tragedy, the…
Iron ore on route to recovery Read More »
Capesize The Capesize market surged over the past week, reaching highs not seen since August last year. Widespread activity in both basins saw a week on week lift of $7,084 to settle at $26,444. As usual, this volatile rise was initially Atlantic Basin…
Dry Bulk: A Week of Rally Read More »