Ship owners are still craving for dry bulk carriers, as evidenced by the latest weekly reports. Shiproker Banchero Costa said this week that “in the dry market 2 x Kamsarmax under construction at COSCO Zhoushan were sold en bloc at $29mln each basis pr…
Dry Bulkers Still In Demand Read More »
Despite the trade wars and the contraction of the Chinese economy’s growth rate, dry bulk owners could rejoice in the knowledge that the dry bulk market remains largely unaffected. In a recent monthly report, shipbroker Banchero Costa noted that …
Dry Bulk Market: Chinese Iron Imports a Bright Sign Read More »
NTERCARGO held its Annual General Meeting, Executive and Technical Committees’ meetings in Athens on 3 and 4 October 2019, along with a well-attended dinner reception on for Members and guests. INTERCARGO re-iterated its commitment to a safe, efficient…
“2020 still dominates dry bulk shipping’s challenges” Read More »
Capesize The market floundered this week as it attempted to find a floor after the previous weeks plunge. Demand remained weak across most routes. The Atlantic incurred some heavy losses on a few days throughout the week before the tide appeared to tur…
Dry Bulk Market: Capesize Market Lacking Direction For Yet Another Week Read More »
The future course of the dry bulk market, especially when it comes to demand for iron ore from China, is far from certain. In its latest weekly report, shipbroker Allied Shipbroking said that “it looks as though we have seen a further deepening of the …
Dry Bulk Market: Murky Waters Ahead? Read More »