Capesize The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite the addition of a second major player later in the week, trading remained lacklustre. Rates for C5 fell by a total of $2.20 thr…
Dry Bulk Market: Capesizes on correction mode Read More »
Colombian coal exports have been steadily growing after several years of declines. 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…
Colombia Coal Exports Keep Rebounding Read More »
The last week of October witnessed a downward trend in the Capesize freight market momentum, while the smaller vessel segments experienced a relative flat momentum. Meanwhile, the grain flows from Brazil to China with the Panamax vessel class recorded …
India’s coal demand has the potential to become the new “China’s iron ore demand”, when it comes to generating more shipping demand for dry bulk carriers. Is that the case though and will such a scenario materialize? In its latest weekly report, shipbr…
Will India Become the New “China” for the Dry Bulk Market? Read More »
Capesize The Capesize market experienced a strong week with the timecharter average breaking over $30,000/day, the highest value in 17 months. However, the surge hit pause on Thursday and the 5TC slipped below the threshold to $29,493 on Friday. Strong…
Dry Bulk Market: Capesize Market is on a Roll Read More »