The acquisition of the Songa Bulk fleet by Star Bulk provides their new owners with a fleet renewal opportunity in the strong Panamax bulk carrier market. Spot market earnings for ships of this size have been moving steadily upwards since the start of …
Panamax Synergies Realised Through Asset Plays – Star Bulk Wows the Market Read More »
Capesize Dramatic drops over the week for the big ships, with the hope of further improvements as the week began being dashed mid-week. Ongoing unrest in Guinea and disruption to bauxite exports saw some vessels re-let on the market, prompting uncertai…
Dry Bulk: Capesize Market Faces Fall Read More »
Up to 230 second hand bulkers have been traded so dar in the year, in what appears to be rather dynamic demand from ship owners. In its latest weekly report, shipbroker Intermodal noted that “half-way through the second quarter of the year and as the P…
Dry Bulkers In High Demand Read More »
The index remains technically bullish above its MA’s, but these have started to flatten, and price action is showing neutral tendencies. The June 18 futures have broken to the downside and remain below key averages. However, this is into key support wi…
Dry Bulk FFA: Panamax Index Still Bullish Read More »
The level of activity in the newbuilding market for bulkers has picked up of late. In its latest weekly report, shipbroker Allied Shipbroking noted that it was “an interesting week for the newbuilding market, following through from the bullish face of …
Dry Bulk Newbuilding Activity Picks Up Read More »