Is it the trade war, or a shift in market fundamentals (supply-demand)? Whatever the case, the recent freefall of the dry bulk market came as a surprise or maybe not?. In its latest weekly report, shipbroker Allied noted that it was “a month of sharp c…
Lackluster Dry Bulk Market to Persist to the End of 2018 Read More »
In recent weeks we have seen a steady increase in Sale and Purchase (S&P) activity, despite the downward pressure that the dry market has been experiencing both on the spot and period front. The sentiment for the short-term also seems to be positiv…
Bulk Carrier S&P on the up despite market low point Read More »
The International Maritime Solid Bulk Cargoes (IMSBC) Code describes coal as a natural, solid, combustible material consisting of amorphous carbon and hydrocarbons. Although coal is best known for its flammable and self-heating properties, certain coal…
New IMSBC Code requirements aim to control liquefaction of coal cargoes Read More »
Capesize It was a positive end to the week, with West Australia/China making significant gains and firing owners’ resolve. There was talk that one of the majors paid $7.00 for 7-9 December cargo on Friday, with rates gaining 85 cents in a few hours. Ti…
Dry Bulk Market: Capesize Market Ends the Week on a High Read More »
In early 2017 Hugh Williams, Chairman and CEO of the Graig Shipping Group, and Andrew Westwood, Senior Vice President, Business Development Region South East Asia, Pacific & India at DNV GL – Maritime, met to brainstorm a new project. The two men w…
Reinventing Ultramax Read More »