Dry bulk market players are putting earnings potential over asset values as they seek to capitalise on an exuberantly positive mood according to new analysis by MSI. Q1 2024 saw 250 sales recorded – the second highest quarterly total over the past 10 y…
Exuberant dry bulk market sees asset prices streak ahead of earnings Read More »
Capesize The Capesize market experienced an eventful week despite starting off quietly with the BCI 5TC dropping by $409 to $25,650 on Monday. However, the market turned around midweek with a surge in activity, especially in the Atlantic. Demand from S…
Dry Bulk Market: Capesize Index Rises Higher Read More »
Canadian iron ore exports to China and the EU have been rising. In its latest weekly report, shipbroker Banchero Costa said that “2023 was a very positive year for global iron ore trade. In Jan-Dec 2023, global loadings of iron ore increased by +5.1% y…
Canadian Iron Ore Exports on the Rise Read More »
Larger ship sizes are still quite popular among Greek owners, based on the deals reported over the past week. In its latest weekly report, shipbroker Xclusiv said that in the dry bulk market, “large sizes remain popular among Greek shipowners. On the N…
Big Ships Popular Among Greek Ship Owners Read More »
Drewry’s analysis of the dry bulk market indicates that investing in second-hand Capesize vessels at current heated values is unlikely to generate enough returns to justify the associated risks and cost of capital, based on the long-term charter rate p…
Soaring asset prices in Capesize second-hand market make investments unattractive Read More »