Shipping’s future prospects seem to justify the current optimism, as it’s reflected in the freight rate market over the past couple of months. In its latest weekly report, shipbroker Intermodal said that “for yet another time, the market se…
Capesize The market reached new heights this week as the 5TC topped $38,014, a level not seen in the sector since 2013. Fridays 5TC closed down $732 to settle at $37,921. While this week’s surge in rates was driven by a tightening of tonnage that is ab…
Dry Bulk Market: Capesizes Reach New Highs Read More »
Capesize The market reached new heights this week as the 5TC topped $38,014, a level not seen in the sector since 2013. Fridays 5TC closed down $732 to settle at $37,921. While this week’s surge in rates was driven by a tightening of tonnage that is ab…
Dry Bulk Market: Capesizes Reach New Highs Read More »
Those with a vested interest in copper might be finding the present US–China trade war a particularly-bitter pill to swallow at the moment. According to Matthew Badiali — senior analyst at financial services business Banyan Hill Publishing — before the…
Copper not gone to pot Read More »
Capesize A tale of two halves this week as the market tide turned mid-week bringing a raft of higher fixtures to both basins. Pockets of pressure in the market released to the upside from Wednesday onwards. The Capesize 5TC routes opened the week at $2…
Bulk report – Week 34 Read More »