Capesize Despite the focus on Vale and reduced Brazil exports, there were signs of further demand this week that checked further falls. On the downside, higher bunker prices negated any real increase in owners’ returns. Other charterers took up some of…
Dry Bulk Market: Capesize Market On the Downfall For Yet Another Week Read More »
China’s steel industry is perhaps the most important fundamental element of the demand-supply balance in the dry bulk market. As such, any shifts in production, capacity or exports, are of major interest to dry bulk ship owners. In a recent analy…
China’s Steel Exports Could Rebound in 2019, Shifting Dry Bulk Trade Flows Read More »
Like it or not, consolidation in the shipping sector remains necessary for survival, especially in light of declining freight rates for the dry bulk sector. With the Baltic Dry Index down almost 800 points in just three months, the prospect of consolid…
Dry Bulk Market: Falling rates encourage consolidation Read More »
Capesize The Vale disaster weighed heavily on the market for big ships, with uncertainty about shipments/future exports leading to a sharp drop in rates. The miners have largely been absent from the market, with just a handful of others there with carg…
Capesize Market Weighed Down by Vale Dam Disaster Read More »
The dry bulk market has been reeling under the pressure exerted on freight rates by the lull in the Chinese market. In its latest weekly report, shipbroker Intermodal noted that “as the market is already going through the first days of the Chinese New …
China’s New Year Brings Dry Bulk Market Rates At 2 Year Lows Read More »