“The limits in daily transits in the Panama Canal have significantly affected the dry bulk market, with transits down 74% y/y between January and April 2024. During this period, sailing distances for completed voyages in the affected routes rose 31% y/…
Dry bulk sailing distances jump 31% for routes using the Panama Canal Read More »
Capesize The CapesizeTimecharter Average (C5TC) closed on a positive note on Friday before entering the last week of May, which will start with a public holiday in the UK next Monday. The C5TC at $21,674 is about $500 lower week-on-week but $5,000 high…
Dry Bulk Market: Capesize Ends Week on Positive Note Read More »
In its latest weekly report, shipbroker Banchero Costa said that “global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Dec 2023, global seaborne coal loadings increased by +5.8% yo-y to 1,339.5…
Dry Bulk Market: Colombia Coal Exports On the Rise During 2024 Read More »
Capesize This week, the Capesize market saw a steady decline, with the BCI 5TC beginning at $25,773 and dropping daily, except for a modest rise of $962 today, ending the week at $22,180. Despite healthy cargo volumes in the Pacific, market activity wa…
Dry Bulk Market: Capesize Market Under Pressure Read More »
Building on our Capesize Market Insights from the end of April, this week we are monitoring Panamax vessel count of ballasters in the ECSA region versus Baltic rates. The month of May presents challenges for the Capesize freight market prices, as uncer…
Dry Bulk Market: Panamax Market Insights – P6_82 Route Supply Read More »