Ship owners are ramping up their acquisitions of dry bulk carriers, on the expectation that the recent slump in the freight rate market, could soon be over. In its latest weekly report, shipbroker Banchero Costa said that “Scorpio Bulkers was very acti…
Dry Bulk Carriers in High Demand, As Ship Owners Expected Market Rebound Read More »
While thus far, much of the negative impact on the dry bulk market from the “trade wars” has come from the US-China spat, it seems that another front is causing headaches for dry bulk ship owners. Last week, China cancelled Canadian agribusiness Richar…
Dry Bulk Market: Further Complications from “Trade Wars” Read More »
Capesize The Baltic Capesize market shrugged off its recent negative sentiment to post daily incremental improvements over the last week. Pacific-led gains were seen early in the week. As the market drew to a close on Friday, higher Atlantic rates were…
Dry Bulk Market: Capesize Index On the Mend Read More »
The prospects for a swift and sustainable recovery in the dry bulk market, seem to be diminishing, at least for the time being. In its latest weekly report, shipbroker Allied Shipbroking said that “in the midst of troubled conditions for the dry bulk m…
Dry Bulk Market: Future Prospects Don’t Seem to Point Upwards Read More »
Brazilian soya bean exports are up 85.2% in the first two months of 2019, compared to the same period in 2018. This comes on the back of record high exports in 2018 of 83.6 million tonnes, a 22.7% increase from 2017. 2019 has seen the highest ever expo…
Brazilian Soya Bean Exporters Set New Records Read More »