The dry bulk market has rebalanced itself, after a period of correction. In its latest report, Breakwave Advisors noted that “the correction in dry bulk is here as spot rates look for a bottom. Although the excitement in dry bulk shipping remains unaba…
Dry Bulk Market Rebalancing Evident as Capesize Rates Drop by 40% Read More »
Demand for dry bulkers remained strong during the first quarter, as shown by the increase in the number of deals reported. In its latest weekly report, shipbroker Xclusiv said that “during the first 3-months of 2024, dry bulk S&P activity was brisk…
Dry Bulk Second Hand Sales Grew by 35% During the First Quarter of 2024 Read More »
China reduced its intake of Russian coal during the first quarter of the year, while Australia saw a surge in its export volume compared to the previous year’s lows, particularly noticeable in the January to March period. In the closing days of M…
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 »