Capesize Dashed hopes summed up the first full week of the New Year. A slow start followed by a busy 24 hours of improving rates and a firming FFA market fuelled positive sentiment, only to see both paper and physical sales slide the next day. West Aus…
Dry Bulk Market Still Slow Off Its Tracks in 2019 Read More »
The shipping industry is entering 2019 in a better state than the years before it. Reflecting on the state of the shipping industry after 2018, Intermodal said in its latest weekly report that “paraphrasing the words of a Chief economist in a latest re…
Shipping Sails Through Shallow Waters In 2018 Read More »
Coal demand in China has rebounded during 2018 as well, leading to a further level of support for dry bulk freight rates. In its latest weekly report, shipbroker Banchero Costa, commented on Chinese coal imports, saying that “in the first 11 months of …
Capesize It was an active start to the New Year, with trading from West Australia maintaining momentum during the holiday period. Rates for China hovered around the mid $6.00s, a few cents off the highs seen during the seasonal break. Increased trading…
Capesize Market Starts New Year With Brisk Activity Read More »
The dry bulk market for large ships, i.e. Capesizes, is gearing up for further recovery in 2019, as demand is at healthy levels and net fleet growth remains subdued, despite a slower demolition rate in 2018. In a recent report, shipbroker Banchero Cost…
Dry Bulk Market: Capesizes Primed for Further Gains in 2019 Read More »