South Africa, one of the major exporters of iron ore, managed to halt the decline of the past few years, during the course of 2023. In its latest weekly report, shipbroker Banchero Costa said that “2023 was a very positive year for global iron ore trad…
South Africa’s Iron Ore Exports Stabilized in 2023 Read More »
Dry bulk carriers remain in high demand among shipowners. In its latest weekly report, shipbroker Banchero Costa, said that there were some interesting deals in the dry bulk secotr, concluded in the newbuilding sector last week. According to the shipbr…
Dry Bulkers Remain in High Demand Among Shipowners Read More »
In the latter half of March, the freight market for large vessel sizes displayed a notable increase in momentum, particularly evident as the vessel count in terms of ballasters experienced an unexpected decline compared to the peak levels observed near…
Values for Bulkers have been going from strength to strength this year, up across all ages and size categories. Notably the Capesize and Supramax sectors have seen some dramatic increases, for example in the Capesize sector, values for 20YO vessels of …
During the second week of March, there’s a notable surge in freight rates, particularly in the larger vessel categories, accentuated by a diminishing number of ballasters. The demand indicator reflected in the volume of South Atlantic daily loade…