Capesize A largely disappointing week for those still hoping for a firmer end to the year, but at least by the close of the week rates appeared to have steadied. The rate for West Australia/Qingdao dropped to the mid $8.00s fresh enquiry today checked …
Dry Bulk Market: Capesize Market Tries to Find its Footing Read More »
The trade war and particularly the Chinese tariffs on imports of US soya beans can now clearly be seen with the start of the soya bean peak exporting period in the US. In the first eight weeks of the 2018/19 marketing year accumulated US exports are do…
BIMCO: US soya bean exports to China are down by 97% Read More »
Capesize A market of two halves for most of the week with rates in the Atlantic firming and easing in the East for most of the week, but then, West Australia/China staged a recovery, with a rumour $9.00 was done as well as $8.90, up from $8.40, fixed 2…
Dry Bulk Market: Week Ends on A High Note Read More »
The dry bulk market is primed for a sustainable recovery, based on existing fundamentals. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a fairly positive year so far for the dry bulk market with the dry bulk index ha…
Dry Bulk Market Well Positioned for Further Gains Read More »
Over the course of the past couple of weeks, ship owners have been rather active in the newbuilding market for dry bulk carriers. However, this trend waned off during the previous week, with few contracts being finalized. Nevertheless, shipbrokers expe…