Capesize The Capesize market fell sharply across all areas with the positive sentiment for the fourth quarter being eroded. In Asia, the west Australia/China route remained fairly active but lacked a full set of miners in the market during the week. Ra…
Dry Bulk Market: Negative Sentiment Sips In Read More »
While it’s a bit difficult to expect this trend persisting, it’s becoming clear that the trade war between the US and China hasn’t dented the dry bulk market’s upwards momentum, thanks, in part to a boom in soybeans trade involv…
Dry Bulk Market is – So Far – Unaffected by the US-China Trade Battles Read More »
Capesize Rates came under pressure for the big ships last week, despite paper values holding at reasonable levels as these trades continued to look for a strong fourth quarter. The Brazil/China rate was very close to slipping under $20.00, but Vale was…
Dry Bulk Market: Capesizes Under Pressure Read More »
Drewry maintains a positive outlook on the dry bulk market and expects charter rates to improve from current levels, driven by moderate increases in vessel demand and low growth in vessel supply as a result of restrained new ordering and a thin orderbo…
Capesize charter rates expected to keep increasing despite trade war uncertainties Read More »
Freight rates have recovered a lot in 2018, but it is not strong across the board. After a steady decline since April, earnings for handysize ships slipped back into lossmaking territory on the very last day of July – and rates have kept sliding in Aug…