With the exception of the Capesize sector, most other ship classes have seen rates trade well below the average of the past seven years for the summer period. In its latest weekly report, shipbroker Xclusiv said that “the analysis of daily Baltic Excha…
Dry Bulk Market: Rates Below Seasonal Average for Most Ship Classes Read More »
Shipping investment activity was much more evident in the S&P market over the past week, rather than the newbuilding segment. In its latest weekly report, shipbroker Banchero Costa said that “in the Panamax segment, Vietnamese interests were behind…
Ship Owners Turn to Second Hand Ships Read More »
Dry bulk demand is expected to remain soft throughout 2025, with a few exceptions. In its latest weekly report, shipbroker Intermodal said that “the Baltic Dry Index is on a downward trend, suffering losses of 28% since mid-June, reading 1,431 at the t…
Dry Bulk Market: Slower Demand to Hurt Freight Rates Throughout 2025 Read More »
Capesize The Capesize market reflected a cautiously optimistic tone this week, with firm activity in the Pacific and a gradually improving Atlantic. The Pacific was active throughout, with all three major miners eventually engaging the market. C5 rates…
Dry Bulk Market: Cautious Optimism for the Capesize Market Read More »
“During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large markets. Cargo loadings headed to China and advanced economies slowed considerably, partly due to stronger electricity generation from renewables and to …
China drives 6% drop in global coal shipments Read More »