Capesize It was a brutal week for the big ships as rates tumbled on all routes. A BHP Billiton derailment in West Australia sparked fears of a shortfall in shipments leaving the field clear for others to drive rates lower. Latest reports suggest operat…
Dry Bulk Market: Capesize Market In the Doldrums Read More »
Many dry bulk market delegates and analysts were looking forward with anticipation of a rally during the fourth quarter of the year. However, up until now, this scenario has failed to materialize. In its latest weekly report, shipbroker Allied Shipbrok…
Is the Dry Bulk Market Underperforming? Read More »
Capesize A largely disappointing week for those still hoping for a firmer end to the year, but at least by the close of the week rates appeared to have steadied. The rate for West Australia/Qingdao dropped to the mid $8.00s fresh enquiry today checked …
Dry Bulk Market: Capesize Market Tries to Find its Footing Read More »
The trade war and particularly the Chinese tariffs on imports of US soya beans can now clearly be seen with the start of the soya bean peak exporting period in the US. In the first eight weeks of the 2018/19 marketing year accumulated US exports are do…
BIMCO: US soya bean exports to China are down by 97% Read More »
Capesize A market of two halves for most of the week with rates in the Atlantic firming and easing in the East for most of the week, but then, West Australia/China staged a recovery, with a rumour $9.00 was done as well as $8.90, up from $8.40, fixed 2…
Dry Bulk Market: Week Ends on A High Note Read More »