The collapse of the upstream dam in Brumadinho will hurt Vale’s iron ore production from Minas Gerais in Brazil if the Brazilian government does not allow Vale to compensate the loss by increasing production at its other mines. Potentially35-40 Capesiz…
Brumadinho disaster will hurt Capesize demand Read More »
In 2018 the ClarkSea Index had a very strong Q4, with the average in the final quarter well above that registered across the first three. It’s well known that shipping markets can be seasonal, and studying our ClarkSea Index illustrates that fairly wel…
Clarksons: Shining Some Light On The Seasonal Sequence Read More »
Capesize A week of dashed hopes for owners as the optimism evident the previous week evaporated. Rates slipped on all routes and underlying threats of a cyclone in West Australia saw the miners on the side lines. The West Australia/China route fell to …
Dry Bulk: Capesize Index Slips Across the Board Read More »
Very bullish dry bulk forecasts have continued to be released this year — but we continue to urge great caution. Catching our attention, in particular, recently have been some forecasts stating that dry bulk trade is likely to grow by anywhere fr…
Dangerous Dry Bulk Trade Forecasts Read More »
The dry bulk market’s fundamentals are still positive, given that during 2018, net fleet growth was quite low, at 3% despite the fact that demolitions stood at record low levels. In its latest weekly report, shipbroker Banchero Costa said that “in 2018…
Dry Bulk Net Fleet Growth in 2018 At 3% Read More »