“We forecast that bulker deliveries will gradually increase this year and in 2026, reaching 41.2m Deadweight Tonnes (DWT) and a six-year high. Bulker newbuilding contracting was strong in 2023 and 2024, and several of the ships ordered during this peri…
Bulker deliveries could reach six-year high in 2026 Read More »
The current Chinese property market crisis is expected to translate to lower demand for dry bulk carriers. In its latest weekly report, shipbroker Intermodal said that “China’s property sector remains entrenched in a deep correction in 2025, with no si…
Dry Bulk Market: China’s Property Market Woes to Hurt Demand for Dry Bulk Carriers Read More »
Capesize The Capesize market experienced a strong and sustained rally this week, underpinned by firm sentiment and positive momentum across both basins. The BCI 5TC surged by $5,942 to close at $25,575, driven by tightening tonnage lists and increased …
Dry Bulk Market: Capesizes Post Strong Showing This Past Week Read More »
Coal exports from Australia, the second largest seaborne exporter have been down so far. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Jun 2025, global seaborne coal loadings declined by -7.9% y-o-y to 619.2 mln t (excluding …
Australian Coal Exports Down in 2025 Read More »
With the exception of the Capesize sector, most other ship classes have seen rates trade well below the average of the past seven years for the summer period. In its latest weekly report, shipbroker Xclusiv said that “the analysis of daily Baltic Excha…
Dry Bulk Market: Rates Below Seasonal Average for Most Ship Classes Read More »