Despite a correction in the dry bulk market, ship owners are still quite keen on modern dry bulk tonnage. In its latest weekly report, shipbroker Banchero Costa said that “starting from dry bulk two Capesize chaged hands, the Aristofanis I, 177,000 dwt…
Demand for Dry Bulk Tonnage Still Strong Read More »
Indonesia’s ban on exports of unprocessed ores and minerals will result in reduced nickel ore trade, hurting the demand for small bulkers. However, with bauxite trade shifting to Guinea-China from Indonesia-China, large bulk carriers will gain employme…
Capesize The market trended down over this past week, breaking the market out of its upward trending range. While the market traded sideways at the beginning of this past week, it was unable to build any upward momentum and broke to the downside midwee…
Dry Bulk Market: Capesize Market Still on Correction Mode Read More »
The dry bulk market has entered into correction mode over the past 12 days, as demand has retreated. So, which is the future direction? In its latest weekly report, shipbroker Allied Shipbroking said that “under typical circumstances and on the basis o…
Dry Bulk Market: A Fall Was In Order, but Where is The Balance Read More »
Demand for second hand dry bulk carriers has gone up, as was expected after the boost in sentiment over the past few months. In its latest weekly report, shipbroker Banchero Costa noted that “the week 37 in the second hand market has been dominated by …
Dry Bulk Carriers On Demand Read More »