Dry Bulk Market

Capesize A turnaround in fortunes for the big ships as the week ended, with rates recovering generally, although the North Atlantic remained slow. Even with increased Brazil activity and rates up, the momentum needed to be maintained to sustain recent …

Capesize A depressing time for the big ships as rates eased across the board, with the Atlantic particularly short of cargo, while levels in the East fell despite active fixing from West Australia. The lack of Brazil cargo continued to have a major imp…

The acquisition of the Songa Bulk fleet by Star Bulk provides their new owners with a fleet renewal opportunity in the strong Panamax bulk carrier market. Spot market earnings for ships of this size have been moving steadily upwards since the start of …

Capesize Dramatic drops over the week for the big ships, with the hope of further improvements as the week began being dashed mid-week. Ongoing unrest in Guinea and disruption to bauxite exports saw some vessels re-let on the market, prompting uncertai…