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 »
Capesize A positive end to a week that saw rates on the West Australia/China run slip below $6.00, as charterers faced a plentiful supply of tonnage. Rates below $6.00 prompted resistance, and after a clear out of tonnage, rates climbed back over $6.00…
Dry Bulk Market: Capesize End Week on Positive Note Read More »
While the fourth quarter of 2018 didn’t live up to expectations, especially for the Capesize segment, it seems that ship owners can take heart in the fact that newbuilding orders were also significantly reduced, which is a quite significant silve…
Dry Bulk Market “Flat Lining”, but Fundamentals Are Solid Says Shipbroker Read More »
Newbuilding ordering activity has started to pick up pace of late, while S&P deals are also on the rise, with more and more owners looking to conclude business deals. In its latest weekly report, shipbroker Allied Shipbroking said that “despite the…
Newbuilding Activity Rather Brisk, Whle S&P Deals on the Rise as Well Read More »
Capesize Dashed hopes summed up the first full week of the New Year. A slow start followed by a busy 24 hours of improving rates and a firming FFA market fuelled positive sentiment, only to see both paper and physical sales slide the next day. West Aus…
Dry Bulk Market Still Slow Off Its Tracks in 2019 Read More »