There was a number of second hand deals in the S&P market last week, particularly in the dry bulk market. In its latest weekly report, shipbroker Xclusiv said that it was “another active week on the dry S&P market, with significant activity obs…
Dry Bulkers in High Demand Read More »
Growth in the world merchant ship fleet has been remarkably steady in the past few years. But the expansion pace is picking up and looks set to accelerate modestly in 2025. Among different vessel types fleet growth is varying much more widely, and this…
Diverging growth in the cargo ship fleet Read More »
Capesize The Capesize market experienced a turbulent week, marked by a mix of sporadic positivity and mounting downward pressure. The BCI 5TC started the week at $21,673, gained ground midweek, peaking at $23,049 on Tuesday, but plunged to $17,686 by F…
Dry Bulk Market: Capesize Market Faces Headwinds Read More »
This week’s highlight delves into the evolving dynamics of Capesize ballasters in the South Atlantic and West Australian markets. Notably, the C3 Tubarão-to-Qingdao route has yet to experience a rate rebound, despite a recent decline in the number of b…
Dry Weekly Market Monitor: Capesize Market Read More »
In its latest weekly report, shipbroker Xclusiv said that “as we approach the end of 2024, we observe that dry bulk prices have increased significantly this year, reaching their year-to-date highs during Q3 2024. More specifically, within early Q3 2024…
Dry Bulk Shipping: Second Hand Prices Reach Year-to-date Highs Read More »