The recent rise in the dry bulk freight market has reinforced shipowners’ “appetite” for more second hand bulkers. In its latest weekly report, shipbroker Banchero Costa said that “it was an active week in the bulker market: the Capesize IRON PHOENIX 1…
Dry Bulkers in Demand as Rates Move Higher Read More »
The dry bulk market is witnessing a “euphoria” phase of past times, with freight rates and asset prices on the rise over the past few weeks. In its latest weekly report, shipbroker Xclusiv said that “the dry bulk market has exhibited significant streng…
Dry Bulk Market: Freight Rates and Ships’ Prices on the Rise Read More »
This week’s chart illustrates the increase in monthly soybean export volumes from Brazil to China starting from the beginning of 2022. It highlights the gradual increase observed this year, with June’s volume reaching a new peak of over 10 …
Dry Bulk Market Monitor: Supply Dynamics Capesize C3 & C5 routes Read More »
Dry bulk market players are putting earnings potential over asset values as they seek to capitalise on an exuberantly positive mood according to new analysis by MSI. Q1 2024 saw 250 sales recorded – the second highest quarterly total over the past 10 y…
Exuberant dry bulk market sees asset prices streak ahead of earnings Read More »
Capesize The Capesize market experienced an eventful week despite starting off quietly with the BCI 5TC dropping by $409 to $25,650 on Monday. However, the market turned around midweek with a surge in activity, especially in the Atlantic. Demand from S…
Dry Bulk Market: Capesize Index Rises Higher Read More »