The decreasing trend in the number of Capesize ballasters in the South Atlantic supports the recent signs of a rebound in C3 market rates. This week’s charts reveal a notable surge in Capesize freight market rates for the Brazil to North China ro…
Dry Weekly Market Monitor : Capesize Ballasters View Vs Baltic Rates Read More »
The summer has been upbeat but tight monetary policy and bearish steel indicators suggest a bumpy landing in a normally positive quarter London and Singapore, 2 September 2024. Cash-rich dry bulk shipowners returning from their summer vacations have en…
Are buoyant dry bulk markets bracing for fourth quarter iron ore angst? Read More »
Capesize The Capesize market experienced a strong recovery this week after a mixed start partly due to a public holiday on Monday in the UK. In the Pacific, the week began with steady activity, but the market initially showed signs of weakening, with t…
Dry Bulk Market: Strong Recovery for Capesizes Read More »
Capesize The capesize market showed a steady positive trend throughout most of the week, with the BCI 5TC starting at $19,499 on Monday and peaking at $20,509 on Wednesday. Each day saw slight gains, driven by positive sentiment and increasing activity…
Dry Bulk Market: Capesizes Have a Positive Week Read More »
Prices for second hand bulk carriers have been rising, reflecting the overall positive trend in the dry bulk market. In its latest weekly report, shipbroker Intermodal said that “the dry bulk market has seen a rise in secondhand asset values this year….
Dry Bulk Carriers Becoming More Expensive Read More »