This week’s chart (on the right) illustrates the correlation between the number of ballast vessels for Panamax-size ships in the ECSA region and the evolution of P6 $/mt freight rates. Meanwhile, the left chart examines the daily volume loaded (1…
Dry Bulk Market Demand Dynamics – Panamax P6 Read More »
Demand for second hand bulkers has been quite strong since the start of 2024. In fact, according to the latest data, as reported by the latest weekly analysis from Intermodal, “the dry bulk sale and purchase activity has demonstrated remarkable strengt…
Dry Bulk Second Hand Ships in High Demand Read More »
This week’s chart visualises the 14-day moving average of actual port days for energy cargo at Far Eastern ports, comparing the Capesize, Panamax, and Supramax segments. As shown in the image below, there is a notable decreasing trend in the Cape…
Port Congestion, Far East Read More »
Demand for second hand bulkers, so far in 2024, has eclipsed the equivalent “appetite” for tankers. In its latest weekly report, shipbroker Xclusiv said that “the first five months of 2024 have drawn to a close, and activity in the bulker sale and purc…
Second Hand Bulkers In Higher Demand Compared to Tankers Read More »
Capesize The week concluded on a quiet yet optimistic note, with the BCI 5TC experiencing a slight increase of $178, reaching $24,867. Cargo volumes have remained stable in the Pacific, where trading activity gradually increased, culminating in a signi…
Dry Bulk Market: Capesize Segment Slightly Higher Read More »