Capesizes Throughout the week, the cape market has displayed remarkable resilience and positivity, defying challenges such as holidays in the Far East. The Pacific market saw strong activity at the beginning of the week, with increasing rates and well-…
Dry Bulk Market: Capesize Market on the Rise Read More »
During the first nine months of 2023, coal shipments to the world’s second largest importer of seaborne coal, India, fell 9% y/y. A 12% y/y rise in domestic coal mining replaced imports and electricity production continued to rise despite lower product…
Coal shipments to India fall 9% as domestic mining increases Read More »
The newbuilding market is in full swing it seems, as more and more contracting is being reported. In its latest weekly reports, shipbroker Allied said that “apart from the confirmation of CMA CGM’s order for 8 methanol-DF vessels (reported week 25) and…
As we enter the fourth quarter of this year, the market is showing a strong resurgence with rates increasing year-over-year. Notably, Capesize Brazil to North China rates have exceeded $20 per tonne. This significant upswing in the freight market’…
Capesizes This week the cape market has been marked by varying levels of activity and changing sentiments. At the beginning of the week, the Pacific market showed promise for owners, with support from East Coast Australia coal cargo contributing to a p…
Dry Bulk Market: Evolving Market Conditions Impact the Capesize Segment Read More »