Capesize A week of largely unfulfilled expectations with holidays again curbing activity. Rates remained essentially healthy, but despite bad weather in China, possibly causing disruption to schedules rates on the major West Australia/China routes, rat…
As the activity in the S&P market has subsided on account of the summer lull, it’s a perfect time for ship owners to contemplate on future deals and plan ahead. In a recent report, shipbroker Intermodal said that “the dry bulk market activity…
Dry Bulkers: Second-Hand Tonnage Primed for Taking Read More »
Capesize Expectations of a further push in the market were largely unfulfilled last week as rates come under pressure in Asia as the North Atlantic trading eased and rates slipped back. West Australia/Qingdao failed to reach $10.00 and dropped to aroun…
Dry Bulk Market: Rally Expectations Falter Read More »
US allies in the EU who had previously voiced concerns about US withdrawal from the Iran nuclear deal have reiterated that the deal is crucial for security and have stepped forward with plans to insulate EU firms from US sanctions. EU’s foreign policy …
Iran Sanctions to Affect Dry Bulk Ton Miles Read More »
Capesize Vale dominated the news for the big ships, with reports Brazilian miners took 20 ships, or more, for August positions from Tubarao to Qingdao. Some were concluded the previous week, but rates paid as the week closed out were in the low $24.00,…
Dry Bulk Market: Capesize Market Dominated By Vale Read More »