Newbuilding and used bulkers are the main trend in the shipping market these days. In its latest weekly report, shipbroker Allied Shipbroking said that “the Newbuilding market has started to build up a positive momentum week by week, with a robust flow…
Shipowners Stock Up on Dry Bulk Carriers Read More »
Capesize It was a surprising start to the week, with rates moving in some key areas despite a week of Asian holidays, although some moves were attributed to draft issues and rising bunker values. On the West Australia/China run rates for Dampier cargoe…
Dry Bulk Market: Capesizes Waiting for China’s Return from the Holidays Read More »
INTERCARGO held its Annual General Meeting, Executive and Technical Committees’ meetings in London on 1 and 2 October 2018, along with a well-attended Dinner Reception on the first day. INTERCARGO re-iterated its commitment to a safe, efficient, high q…
INTERCARGO: The dry bulk sector and the critical challenges that lie ahead Read More »
Capesize A stop-start market for the big ships with many expectations and few fulfilled. Holidays curtailed trading early in the week, but the C5 route regained some ground with rates in excess of the mid-$7.00s for 11 October onwards, although, bunker…
Dry Bulk Market: Capesizes Impacted by Chinese Holidays Read More »
Shipowners looking to invest in the SnP market for dry bulk carriers have started to consistently offer lower than asking values for ships that may interest them, in a sign that asset prices could be set for a correction in the coming weeks, shipbroker…