Dry bulk shipments are shifting trade routes, with various crop conditions around the world, making an impact. In its latest weekly report, shipbroker Intermodal said that “in examining global bulk shipments, what stands out is the weakening of corn ex…
Dry Bulk Trade Shifting Trade Routes Read More »
Capesize This week began with optimism, particularly in the Pacific, which saw early strength, buoyed by improved demand from miners and fresh coal cargoes. However, the momentum quickly reversed as the week progressed, and by midweek, market sentiment…
Dry Bulk Shipping: Capesize Market Softened Last Week Read More »
The Capesize market rates for the Brazil to North China route have softened, yet rising iron ore exports from Brazil, particularly after a strong third quarter, and increasing port congestion suggest potential upward pressure on rates. September saw a …
Dry Bulk Iron Ore Flows, Brazil Port Congestion, Market Rates Read More »
Capesize The Capesize market faced a generally soft week with declining rates across the board. The BCI 5TC fell every day besides Friday, which closed at $23,509, a significant drop from Monday’s $26,213. The Pacific market saw reduced miner activity,…
Dry Bulk Market: Capesize Rates Lower Last Week Read More »
Coal exports from Indonesia have been growing this year, with China ramping up its imports. In its latest weekly report, shipbroker Banchero Costa said that “global coal trade has really picked up pace over the past year, and is now fully back to pre-C…
Dry Bulk Market: Indonesia Coal Exports on the Rise This Year Read More »