Capesize Last week was less eventful than the previous week. After a negative start on Monday the market witnessed a steady rise, with the Pacific far more active than the Atlantic. Rates rose from mid $7.00s from West Australia to China to finish the …
Dry Bulk Market: Capesize Market Looking For New Momentum Read More »
It’s been a turbulent few months in the dry bulk market and things are bound to continue this way. In a recent report, shipbroker Banchero Costa said that “in the wake of trade war uncertainties and China’s subsequent imposition of a 25 percent tariff …
Dry Bulk Market: The Trade of US Coal Shipments to China Read More »
Renewed and increased demand for dry bulk carriers, after the recent truce in the ongoing trade war between China and the US, could take a while to be felt in the market. In its latest weekly analysis, shipbroker Allied Shipbroking said that “the…
Trade Truce Will Take a While to Translate in the Dry Bulk Market Read More »
But a weaker Q4 for smaller dry bulk tonnage should be followed by a stronger Q1 and Q2 as seasonality returns amid trade disruption London, 3 December 2018. Two months into the current US soybeans trading year, the impact of president Donald Trump’s t…
Trump’s trade war sees US soybean exports heading south Read More »
The effects of an ongoing trade war are starting to have an impact on the dry bulk market, while the gradual halting of demolition activity also had an adverse effect on freight rates. Still, 2018 has to be seen as a positive year for the market. In an…