The dry bulk market fundamentals seem to indicate that a late-year surge in on the cards, at least for the sector’s barometer, the Capesize class. In its latest weekly report, shipbroker Allied Shipbroking said that “since the end of 2016, we hav…
Capesize Market Primed for a Late-Year Rally Read More »
In its latest weekly report, shipbroker Allied Shipbroking said that it was “a relatively quiet week in the newbuilding market, with the level of reported activity scaling back slightly. Despite the small number of new contracts, things were still rela…
Second hand bulkers still more popular than newbuildings Read More »
As the dry bulk market sentiment is improving, on the back of positive fundamentals and a significant rise in freight rates, so are asset prices. Shipbroker Intermodal is taking note of the recent trends in sales prices of various dry bulk classes. In …
Dry Bulkers’ Prices Moving on Higher Ground as Market Sentiment Improves Read More »
Capesize A sharp reversal of fortunes for the big ships as the week closed after a depressed beginning. To start with drops were sudden, with the key West Australia/China rate falling over a dollar in one day, dropping Tuesday to $7.95 before climbing …
Capesize Market Ends Week with a Bang Read More »
Clarksons Research have published their semi-annual report “Shipping Review & Outlook”, which is available now to download on Shipping Intelligence Network. Summarising the report, Steve Gordon, Managing Director of Clarksons Research commented: · …