Dry bulk freight rates could be even higher than they now, as a result of increasing trade tensions and political instability around the world. In a recent weekly note, shipbroker Intermodal said that “a recovery in the shipping market since last year …
Macroeconomic and Political Tensions Preventing Shipping’s Further Rebound Read More »
The dry bulk market is heading for a revival as a result of the balance achieved in the global orderbook, both as a result of a rebound in demand, but also because of a lack of available financing, says Allied Shipbroking. In its latest weekly report, …
Lack of available shipping finance has contributed to dry bulk market’s revival Read More »
Capesize The Capesize market fell sharply across all areas with the positive sentiment for the fourth quarter being eroded. In Asia, the west Australia/China route remained fairly active but lacked a full set of miners in the market during the week. Ra…
Dry Bulk Market: Negative Sentiment Sips In Read More »
While it’s a bit difficult to expect this trend persisting, it’s becoming clear that the trade war between the US and China hasn’t dented the dry bulk market’s upwards momentum, thanks, in part to a boom in soybeans trade involv…
Dry Bulk Market is – So Far – Unaffected by the US-China Trade Battles Read More »
Capesize Rates came under pressure for the big ships last week, despite paper values holding at reasonable levels as these trades continued to look for a strong fourth quarter. The Brazil/China rate was very close to slipping under $20.00, but Vale was…
Dry Bulk Market: Capesizes Under Pressure Read More »