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…
Capesize Throughout the week, the capesize market experienced shifts in sentiment and activity. The week commenced robustly in the Pacific, with all three miners bustling with activity, driving up rates, and causing C5 to spike by at least $1.00. Howev…
Dry Bulk Market: Capesize Market on an Upside Read More »
Despite the efforts towards the global economy’s decarbonization, coal still remains a key component, still feeding demand for large bulkers. In its latest weekly report, shipbroker Xclusiv said that “despite widespread discussions of green energy and …
Coal Demand Keeps Large Bulkers In High Demand Read More »
The onset of March has brought firmness in freight rates not only for large vessel size categories but also for smaller ones, with the Handysize NOPAC Far East route recording remarkable increases from the previous month. Meanwhile, in the Capesize Bra…