Freight firmness Cape Atlantic & Pacific and Panamax Pacific all printing higher rates. Supply is being absorbed. 02 Coal demand reshaped Strait of Hormuz disruption pushed thermal coal demand toward seaborne Asia. Panamax Pacific the immediate ben…
Capesize The market enjoyed a convincingly firmer week overall, with sentiment steadily improving across both basins as reduced vessel availability and sustained cargo flow gradually shifted the balance back in owners’ favour. While the Pacific opened …
Dry Bulk Market: Capesize Market on the Rise Read More »
The story so far in 2026 has been quite a positive one for the dry bulk market. In its latest weekly report, shipbroker Xclusiv said that “the first four months of 2026 have delivered an unambiguous message from the dry bulk freight market: the sharp c…
Dry Bulk Market Returns to Path of Growth Read More »
Indonesia–China coal trade weakness is negatively impacting Panamax tonne-mile demand, particularly on northern discharge routes. Key Takeaways The decline in Indonesian coal exports to China is becoming increasingly evident. La Niña-related rainfall d…
Weekly Dry Market Monitor: Weak Indonesian Coal Exports Pressure Panamax Tonne Days Read More »
Ship owners are increasing their activity in the market for newbuildings and second hand vessels. In its latest weekly report, shipbroker Banchero Costa said that in the newbuilding market, “in the bulk sector, China’s Jiangmen Nanyang Shipbuilding sec…
Newbuilding Activity Growing, While More Deals Evident in the Second Hand Market Read More »