Capesize This week began on a positive note, with the BCI 5TC increasing significantly by $2,881 to reach $31,438. Early in the week, the Pacific market saw significant activity, with increased participation from all of the miners and rising rates. How…
Dry Bulk Market: Capesize Market Ends Week in Correcting Mode Read More »
The Capesize market has benefited from the resumption of Australian coal exports to China after a period of tension between the two countries. In a recent weekly report, shipbroker Banchero Costa said that “global coal trade has really picked up pace i…
Dry Bulk Market: Australian-China Trade Route Recovering Read More »
The recent rise in the dry bulk freight market has reinforced shipowners’ “appetite” for more second hand bulkers. In its latest weekly report, shipbroker Banchero Costa said that “it was an active week in the bulker market: the Capesize IRON PHOENIX 1…
Dry Bulkers in Demand as Rates Move Higher Read More »
The dry bulk market is witnessing a “euphoria” phase of past times, with freight rates and asset prices on the rise over the past few weeks. In its latest weekly report, shipbroker Xclusiv said that “the dry bulk market has exhibited significant streng…
Dry Bulk Market: Freight Rates and Ships’ Prices on the Rise Read More »
This week’s chart illustrates the increase in monthly soybean export volumes from Brazil to China starting from the beginning of 2022. It highlights the gradual increase observed this year, with June’s volume reaching a new peak of over 10 …
Dry Bulk Market Monitor: Supply Dynamics Capesize C3 & C5 routes Read More »