Capesize The Atlantic market improved this week, with increased activity from Brazil for July shipments plus a few June cargoes fuelling rate rises, with close to $20.00 rumoured paid. Vale took a few July ships from Tubarao to Qingdao early in the wee…
Dry Bulk Market: Capesize Index Shows Further Improvement Read More »
Capesize Despite the major Posidonia event in Greece, rates for the big ships took off this week, with the stars seeming to be working in conjunction, with both the Pacific and Atlantic markets active. However, the dampener came as the week closed out …
Dry Bulk Market: Capesize Index Takes Off Read More »
Shipping is a capital-intensive industry, which is heavily dependent on debt financing. LIBOR (the primary benchmark for short-term interest rates globally) has started to increase at a faster pace over the past five months compared to prior increases …
Capesize A turnaround in fortunes for the big ships as the week ended, with rates recovering generally, although the North Atlantic remained slow. Even with increased Brazil activity and rates up, the momentum needed to be maintained to sustain recent …
Dry Bulk Market: Capesize Market on Recovery Mode Once Again Read More »
There are a number of variables coming into play in the dry bulk market at the moment, enough to mark a shift in the freight rate dynamics. In its latest weekly report, Allied Shipbroking claims that “it’s looking as though June will turn out to …
Dry Bulk Market: June Promises to be a “Hot” Market says shipbroker Read More »