The impact on dry bulk shipping demand is likely to be minimal as the bilateral relations between Canada and India crumbled to an all-time low. The political row between Canada and India escalated last week, with both countries taking diplomatic action…
Canada-India row: Navigating the downside risks to dry bulk? Read More »
The Brazilian iron ore market has improved during 2023, with exports on the rise, much to the delight of the dry bulk market. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive year for global iron ore tra…
Brazil’s Iron Ore Exports on the Rise in 2023 Read More »
Throughout the last week of September, freight rates maintaining the strength observed in previous days. It appears that the third quarter will conclude with higher freight rates than those witnessed in the preceding two months. Notable increases were …
Ship owners have remained active in both the newbuilding and second hand market this past week. In its latest weekly report, shipbroker Allied Shipbroking said that “in the dry sector, 12 Ultramax orders picked up the pace following the previous week’s…
Dry Bulk Carriers in High Demand Read More »
Capesizes The Pacific market started with a positive outlook, maintaining healthy cargo volumes driven by substantial coal shipments from East Coast Australia to the Far East. Rates initially increased, but as the week progressed, a notable shift occur…
Dry Bulk Market: Capesizes on the Up Read More »