Capesize spot rates could rise above $25,000 per day in Q4 if iron ore exporters meet planned shipment targets, with the upside cascading into the Panamax market as shippers consider splitting ore cargoes, according to the latest Dry Bulk Freight Forec…
Buy in July? MSI tips Capes for strong six month performance Read More »
Capesize A shaky start to the week in Asia where rates on the key West Australia/China run lost almost 90 cents dropping to $8.30. However, ongoing interest from the miners and operators saw levels regain ground with the expectation of over $9.00 on th…
Dry Bulk Market: Things Are Looking Perky Read More »
Just as ship owners were looking to a long term recovery, especially in the dry bulk market, but also in containers, developments in the form of an escalating trade war, have brought these hopes to a crushing halt. In its latest weekly report, shipbrok…
Trade Wars and Shipping Don’t Bode Well Read More »
Dry bulkers’ prices could offer some scope of research and historical comparison, as shipbroker Intermodal suggests that there are investment opportunities to be found. In a recent weekly note after this year’s Posidonia Exhibition, the shi…
Investment Opportunities Abound in the Dry Bulk Shipping Segment Read More »
Capesize A punchy week for the big ships that saw Atlantic rates soar, with the tonnage list tight prompting charterers to split cargoes, though, mostly unsuccessfully. Fronthaul rates climbed to the equivalent of over $40,000 daily, with a cargo alleg…
Dry Bulk Market: Capesizes Enjoy Week of Significant Gains Read More »