Capesize The Capesize market displayed a steady yet nuanced performance this week, starting on a subdued note due to European holidays but gaining traction as the days progressed. In the Pacific, the C5 West Australia to China route saw persistent acti…
Dry Bulk Market on the Rise Read More »
Dry bulk ship acquisitions have been on the rise over the course of the past week, with more being reported. In its latest weekly report, shipbroker Banchero Costa said that “in the Bulk sector undisclosed buyers were behind the purchase of the Kamsarm…
Dry Bulk Ship Purchases on the Rise Again Read More »
A new factor which could alter the current “status quo” in the global iron ore and dry bulk market is entering the foray. In its latest weekly report, shipbroker Intermodal said that “the long-awaited Simandou iron ore project in Guinea is poised to sh…
Dry Bulk Shipping: A “Game-Changer” in the Iron Ore Market is Entering the Foray Read More »
Capesize The Capesize market enjoyed a strong upward trajectory this week, driven by consistent gains in the Pacific and mounting support in both South Brazil and the North Atlantic. The BCI 5TC rose steadily from $19,071 on Monday to $23,572 by week’s…
Dry Bulk Market: Capesizes Show Strong Growth Read More »
The U.S. Interior Department approved a plan by Signal Peak Energy to expand coal mining, providing exports for Japan and South Korea, the agency said on Friday, as it responded to President Donald Trump’s energy emergency directives. The approva…
Trump administration approves coal mine expansion to boost Asia exports Read More »